12228, NY homes for sale & real estate

12228, NY Homes for Sale

Excellent investment opportunity in Rensselaer! This 3-unit property offers strong cash flow with all units occupied on annual leases. Featuring a total of 9 bedrooms and 3 full bathrooms, the property includes a basement apartment rented for $1,000/month and two upper units each generating $1,400/month, for a total gross monthly rental income of $3,800. Tenants pay their own separate utilities, helping keep operating expenses low and maximizing your return.

12228, NY Homes for Sale

One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Residential street directly off Lark St, close proximity to State offices, hospitals, univiersties, etc.

12228, NY Homes for Sale

Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property offers consistent tenant demand and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this quadplex provides a solid foundation with multiple income streams and efficient operations. Don't miss the chance to own a turnkey

12228, NY Homes for Sale

Are you looking for an investment with a serious net income? This cash cow NETS over $62,000! All month to month tenants, with many long term tenants. 3 -One bedroom units, 2- Four bedroom units and 1- Three bedroom unit. Plenty of off street parking with up to 12 off street parking spaces. Convenient location, close to downtown, colleges, busline, with shopping and dining just around the corner!