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Listed by Patrick J McSharry • McSharry and Associates Realty LLC

$ 649,900

Est. payment -/mo

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Active

156 S Swan Street Albany, NY 12210

7 Beds

7 Baths

3,762 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,762 sqft

Price per Sqft $172

MLS Listing ID 202625684

Bedrooms 7

Full Baths 7

HOA Y/N No

Year Built 1885

Annual Tax Amount $13,563

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 19' x 52'

Property Sub-Type Multi Family

Source Global MLS

Property Description

Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.

Location

State NY

County Albany

Direction S Swan St between Jefferson and Madison (one way from Jefferson)

Interior

Interior Features High Speed Internet, Ceramic Tile Bath

Heating Hot Water, Natural Gas

Flooring Tile, Wood, Carpet

Window Features Double Pane Windows,Bay Window(s)

Exterior

Exterior Feature None

Parking Features None

Utilities Available Cable Connected

Roof Type Flat,Rubber,Built-Up

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 76.32-4-28 01

Special Listing Condition Standard

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