Specializing in Adirondack Real Estate

811 Madison Av, Albany, NY 12208-3715

$1,449,000

  • Status: Under Contract
  • MLS # 201912763

Property Details:

  • Town: Albany
  • Estimated Taxes: $17,838
  • Property Type: Multi-Family
Listing Courtesy of: Carrow Real Est Services LLC

Description:

MIXED-USE STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF MID-TOWN ALBANY'S PINE HILLS NEIGHBORHOOD JUST ONE BLOCK FROM WASHINGTON PARK. COMPLETELY GUT RENOVATED IN 2011. NEW EVERYTHING. FIRE SPRINKLERS. EIGHT RESIDENTIAL UNITS WITH ONE 1,500 SF STREET LEVEL RETAIL SPACE. ALL UNITS ON SEPARATE METERS. FULL YEAR LEASES WITH PARENTAL GUARANTEES. 7.52% CAP. ALWAYS RENTED! SOLID INVESTMENT.

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