3 Essex, Albany, NY 12206

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$949,000 List Price
Off Market
 
Listing ID 11000719
Property Type Multi-Unit (5+)
County Albany
Township albany
Total Tax $13,814
Tax ID 65.21-1-5.1
FEMA Flood Map fema.gov/portal
Year Built 1930
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Calling all Investors!! 11 Units - 4 houses on 1 deed, 8-3 bedroom townhouse with 1.5 baths, laundry room & all separate basements for storage. and 3-2bedroom apartments. Wow these numbers are fantastic for an investor (see report) empty space can be a 12th apartment. Tenants pay their own electric and gas, no house meters. Most apartments have been renovated & Many long term tenants rents could be higher for more return on your money. All newer boilers and furnaces, newer roofs. Some off street parking & plenty of on-street parking. Showings can accommodate the vacant apartments & If interested we can set up 2nd viewing of all units with contract in place. Contact Listing agent if you have any questions
Property Details
  • 11 Full Baths
  • 7 Half Baths
  • 11200 SF
  • 0.53 Acres
  • 22880 SF Lot
  • Built in 1930
  • 2 Stories
  • Available 6/15/2021
  • Full Basement
  • 800 Lower Level SF
  • Lower Level: Unfinished, Finished
  • Renovation: Building 2 has been completely renovated
Unit Information
Unit #1 – Gross Area: 1200, Rent Price: 1000, Bedrooms: 3, Full Baths: 1, Half Baths: 1, Occupied
Unit #2 – Gross Area: 1200, Rent Price: 875, Bedrooms: 3, Full Baths: 1, Half Baths: 1, Occupied
Unit #3 – Gross Area: 1200, Rent Price: 1200, Bedrooms: 3, Full Baths: 1, Half Baths: 1
Unit #4 – Gross Area: 1200, Rent Price: 1200, Bedrooms: 3, Full Baths: 1, Half Baths: 1
Unit #5 – Gross Area: 800, Rent Price: 900, Bedrooms: 2, Full Baths: 1
Unit #6 – Gross Area: 1200, Rent Price: 1000, Bedrooms: 3, Full Baths: 1, Half Baths: 1, Occupied
Unit #7 – Gross Area: 1200, Rent Price: 900, Bedrooms: 3, Full Baths: 1, Half Baths: 1, Occupied
Unit #8 – Gross Area: 800, Rent Price: 850, Bedrooms: 2, Full Baths: 1, Occupied
Unit #9 – Gross Area: 1200, Rent Price: 1000, Bedrooms: 3, Full Baths: 1, Occupied
Unit #10 – Gross Area: 1200, Rent Price: 900, Bedrooms: 3, Full Baths: 1, Half Baths: 1, Occupied
Unit #11 – Gross Area: 800, Rent Price: 875, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Carpet Flooring
  • Laminate Flooring
  • Baseboard
  • Forced Air
  • Natural Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Asphalt Shingles Roof
  • Flat Roof
Community Details
  • Triplex (Bldg. Style)
Commercial Info
  • 13% Cap. Rate
Income/Expenses
  • Gross Income $128,400
Taxes and Fees
  • $13,814 Total Tax
Previously Listed By
HENLEY HOMES INC
Office: 518-902-5190
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