Pending Listings in 12241, NY

Pending Listing in 12241, NY:

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

Pending Listing in 12241, NY:

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriag

Pending Listing in 12241, NY:

Looking for your next investment property or the chance to buy your first home while producing cash flow? This solid brick triplex in a convenient central Albany location offers two 1-bedroom units on the first floor and a spacious 3-bedroom unit on the second floor, perfect for an owner occupant. One 1-bedroom is currently rented at $1,075/month; the other two units are vacant, freshly presented, and ready to rent or move right in. Major updates completed within the last 4 years include new HVAC, roof, electric, and some replacement windows so the big-ticket items are done. Gleaming hardwood floors, classic woodwork, bay windows, and updated kitchens and baths throughout. Separate utilitie

Pending Listing in 12241, NY:

Charming and welcoming, this 2-story Albany home sits on a quiet dead-end street and offers a wonderful blend of character and comfort. Enjoy an enclosed front porch, beautiful natural woodwork, and an updated kitchen that adds modern convenience to classic style. The first floor features a spacious bedroom and a full bath, ideal for flexible living arrangements or convenient one-level living. The second floor includes three additional bedrooms and another full bath, providing plenty of room for family, guests, or a home office. Additional highlights include a full basement and a detached one-car garage. This home offers warmth, practicality, and timeless appeal--ready to welcome its next o