55 Ten Broeck Street Albany, NY 12210
8 Beds
6 Baths
2,544 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $235
MLS Listing ID 202622021
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1860
Annual Tax Amount $7,870
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Quadruplex
Source Global MLS
Property Description
Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses.
Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run.
Full OM and financials upon request!
Location
State NY
County Albany
Direction From I-787 N: Take Exit 4 for Clinton Ave. Head west on Clinton Ave, then turn left onto N Pearl St. Continue south on N Pearl, then turn right onto First St. Turn left onto Ten Broeck St -- property is on the right. From I-90 E: Take Exit 1N toward Albany. Merge onto I-787 N and follow directions above.
Interior
Heating Forced Air
Exterior
Exterior Feature None
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Albany
Others
Tax ID 010100 65.82-5-66
Special Listing Condition Standard
Virtual Tour https://app.doaudiotours.com/unbranded?id=26630&lang=en-US
