40 Ontario Street Albany, NY 12206
Must be bought together with 42 Ontario. Here is one half of a 6-plex. Information and pictures of 40 and 42 Ontario are the same. If your money isn't making money, it's in the wrong place! This package totals 6 units, about $1, 050 a month per unit. 1 unit left vacant for showings (42 Ontario, 1st floor) Listed at a stellar 10.4% cap rate. Here's the package math: $6, 500 month rent, so $78, 000 per year, minus $12, 000 taxes leaves $66, 000 Both sides for $635, 000 gives you a 10.4% cap rate. It's all about money making money, and it's happening here. Mortgage rates are coming down, rents are going up. What a combo! Won't last, bring us an offer.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAlbany
- Taxes$2,915
- HOA/Condo/Coop Fees$0
- Days on Site0 Days
- MLS StatusActive
- MLS ID Number202422277
- Home Size Source N/A
- Year Built1890
- Lot Size0.05 Acres
- Full Baths3
- Partial BathsN/A
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