Ideal rental area, walking distance to Albany Medical Center, Albany Law, and Albany College of Pharmacy. Strong rental history with average tenancy of 3-4 years. 7%-8% Cap rate. Rents could be higher. Additional off-street parking. Large kitchen layout for the typical two family, 3 bedroom units. Could be used as a straight investment or a great owner occupied property! Proforma in documents. Garage sold as is. Listing agent is owner.
Off market
$345,200
620 Providence St, Albany, NY 12208
6beds
2,484sqft
MultiFamily
Built in 1940
-- sqft lot
$345,200 Zestimate®
$139/sqft
$1,738 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Gas
Appliances
- Included: Dishwasher, Freezer, Range / Oven, Refrigerator
- Laundry: In Basement
Features
- Flooring: Hardwood
- Basement: Full
- Attic: Walk-up
Interior area
- Total interior livable area: 2,484 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 4,356 sqft
Details
- Parcel number: 0101006484356
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
- Roof: Asphalt
Condition
- Excellent
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Radiant, Natural Gas, Hot Water
- Appliances: Dishwasher, Refrigerator, Freezer, Range w/Oven
- GarageYN: true
- HeatingYN: true
- CoolingYN: true
- Flooring: Hardwood
- Basement: Full
- PropertyCondition: Excellent
- ConstructionMaterials: Aluminum Siding
- Cooling: Window Unit(s)
- ExteriorFeatures: Porch
- ParkingFeatures: Detached
- WaterSewerExpense: 600
- StructureType: Multi Family
- LaundryFeatures: In Basement
- FuelExpense: 0
- InsuranceExpense: 1200
- Roof: Asphalt Shingle
- GrossIncome: 29400
- CurrentFinancing: Conventional Fixed
- Attic: Walk-up
- AboveGradeFinishedAreaSource: reInsight/Public Info
- RoomDiningRoomDescription: Dining Area,Dining Area