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About the Listing o3122A - 32038
Fully renovated and presents a turnkey multifamily investment with immediate lease-up potential in one of Albany's most durable rental submarkets. RENOVATIONS & CAPEX IMPROVEMENTS: New LVP flooring throughout Fully updated bathrooms with marble-look porcelain tile & rainfall fixtures New windows and doors Updated exterior siding Recessed lighting + modern finishes Updated Electrical and Plumbing Newer roof True Turnkey Asset -- No renovation risk or CapEx pipeline 3BR Units Rare Amenity Combo: Onsite Parking + in unit laundry Delivered Vacant -- Control tenant selection + maximize rents immediately Proven Submarket -- Stable occupancy with diverse renter base Situated in Pine Hills, one of Albany's most established rental markets: Minutes to University at Albany Strong access to healthcare, education, and state employment hubs Consistent demand from students, professionals, and workforce tenants Projected CAP Rate: >10% (Pro Forma) Agent is the Owner
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air
- Fireplaces:
- Floor: Vinyl,Tile
- Above Ground Sq Ft: 1750
- Below Ground Sq Ft: 400
- Basement: Partial,Unfinished
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,303
- Taxes w/Assessments: N/A
- Tax/Property ID: na
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
683 State St Albany, NY 12203
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