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19-20 Avenue B

Albany, NY 12208

Pending

$2,700,000

Listing by:
Jamie Brayton
Rooted Property Group LLC

Neighborhood allure in the heart of the city. Situated at the end of a secluded street, this 20-unit complex encompasses four tenant buildings, a large garage, private parking lot, and lots of green space. Unit mix is (8) 1-bedroom and (12) 2-bedroom, with each unit featuring large bedrooms. Current rents are below market value with many long-term tenants. Additional value add opportunities include parking fees and converting the large garage into tenant storage. Garage is currently rented to a nearby contractor at $200/month. All units are separately metered. Each building offers a laundry room for additional income. Close proximity to New Scotland Ave businesses and restaurants--includes a private path to neighboring commercial spaces! Updates and financials in documents.

$2,700,000
32.0
Bedrooms
20
Bathrooms
0.70
Acres
Year Built:
1970
County:
Albany
School District:
Albany
Acres:
0.70
Listing Agent:
Jamie Brayton
Listing Office:
Rooted Property Group LLC
CONTACT A
BUYER'S AGENT

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Features

Town: Albany
Bedrooms: 32
Full Bathrooms: 20
Estimated Taxes: $29,696
Water: Public
Sewer: Public Sewer
Heat: Electric, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Vinyl Siding
Exterior Features: None
Parking Spaces: 20

Location