228 Western Av, Albany, NY 12203-1322

$3,890,000
MLS #201912764
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Property Details:

70 BED STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF THE PINE HILLS STUDENT RENTAL MARKET. 12 PROPERTIES ALL WITHIN ONE BLOCK. 24 UNITS. 31 PARKING SPACES. 100% OCCUPANCY WITH PERFECT RENTAL HISTORY. FULL YEAR LEASES WITH PARENTAL GUARANTEES. ALL UNITS SEPARATELY METERED. NO DEFERRED MAINTENANCE. SHORT WALK TO COLLEGE OF ST. ROSE, UALBANY, AND BRAND NEW SUNY POLY CAMPUS. 7.74% CAP. ALWAYS RENTED! SOLID INVESTMENT.

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Features:

  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 3
  • County: Albany
  • Estimated Taxes: $78,860
  • Parking Spaces: 31
  • Town: Albany
  • Year Built: 2019
Listing Courtesy of: Carrow Real Est Services LLC

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