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Listed by Medaiszjah Sims • Realty One Group Key

$ 290,000

Est. payment -/mo

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Pending

151 S Pearl Street Albany, NY 12202

2,300 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 202622868

HOA Y/N No

Year Built 1890

Annual Tax Amount $7,015

Lot Size 2,300 Sqft

Acres 0.05

Lot Dimensions 23.4X100

Property Sub-Type Mixed Use

Source Global MLS

Property Description

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection..

This mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection. All previous laundry plumbing is still present, it just has been capped.

Location

State NY

County Albany

Zoning Mixed

Direction Conveniently located on the bus line just off Madison Avenue, this property is within walking distance of MVP Arena, The Egg, Empire State Plaza, restaurants, shopping, and everything downtown Albany has to offer.

Interior

Heating Baseboard, Radiant

Flooring Vinyl, Carpet

Inclusions Building Only

Exterior

Parking Features Public Parking, On Street

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Architectural Style Multiple Dwelling Unit

New Construction No

Schools

School District Albany

Others

Tax ID 010100 76.49-4-11

Empire Real Estate Firm LLC

Broker

+1(518) 662-7653 | admin@empirerealestatefirm.com

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