Prime Investment: The Station features 11 trendy move-in ready units, boasting a 5.9% cap rate - $212, 000 gross income and $166, 565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens, bathrooms, parking lot, bike storage, onsite laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including rentable storage, and a large 1.4 acre lot with space for more construction in the rear.
Features
10389 sq. ft. floor area
crop_free60984 sq. ft. lot size
cottageMulti-Family
Happy sellers in Albany
90%
sentiment_very_satisfied
90% of sellers in Albany reported that their sale price either exceeded or met their price expectations.
Albany stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Albany over the last 12 months.
Local market activity for multi families in Albany
Sold
For Sale
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