ID # | 11519942 |
Details | 13 bed, 7 bath (DOM): 3 days |
Construction Year | 1877 |
Taxes (per year) | $8,300 |
Broker Website | |
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Multi-Family Package Deal - 6 Units | 1098 & 1100 Broadway, Albany, NY 12204 Listed at: $650,000 13 Beds • 7 Baths • 6 Units (3 in each building) • Built in 1877 Investor's dream! Don't miss this rare opportunity to own two side-by-side multi-family buildings being sold together as a 6-unit package in Albany, right on the border of Menands. These well-maintained properties feature a combined total of 13 bedrooms and 7 bathrooms, with each building containing three residential units (six units total). Current gross rent roll is $7,875/month, offering strong, immediate cash flow. Each unit is separately metered for gas and electric, and tenants pay their own utilities. All units have laundry hookups or in-unit laundry, adding convenience and boosting rental value. Trash pickup is handled by the City of Albany-no private collection needed. Property Highlights: • 6 total units across two buildings • 13 bedrooms / 7 bathrooms combined • $7,875/month gross rental income • Built in 1877 with historic charm • Separate utilities: gas and electric meters for each unit • Laundry hookups or machines in every unit • No commercial mortgage required (3 units per building) • Located near public transportation, shops, dining, and highways Zoned for residential financing and fully occupied, this property is perfect for seasoned investors or owner-occupants looking to live in one unit and rent out the rest. Solid income, low maintenance, and a desirable location make this a standout opportunity. Schedule your private showing today!