708 State Street, Albany, NY 12203

$300,000

Active for Sale

Listing ID	11323859



Property Type	Multi-Unit (2-4)



County	Albany



Township	Albany



Neighborhood	Pine Hills

School	ALBANY CITY SCHOOL DISTRICT



Total Tax	$8,967



Tax ID	65.61-5-5



FEMA Flood Map	fema.gov/portal



Year Built	1920

Virtual Tours

Virtual Tour

Virtual Tour Video

Virtual Tour

This 2 unit was completely renovated in 2022 including new furnace and central air units in each apartment. Currently 1st floor owner occupied second floor AirBNB with monthly average income of $2650. CAP Rate as AirBNB High Market 18.4% Low Market 14.4%. As Long Term Rentals High Market Cap Rate 11.1% Low Market Cap Rate 9.5% (see income expense Sheets) in 2022. The complete renovation included new electrical service, hot water heaters, kitchens and baths. This is a prime investment property or owner occupy one floor and let the other pay most of your mortgage. Check out the virtual tour!!!

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Property Details

6 Total Bedrooms
2 Full Baths
2024 SF
0.06 Acres
Built in 1920
2 Stories
Available 7/16/2024
Federal Style
Lower Level: Unfinished

Interior Features

Eat-In Kitchen
Oven/Range
Refrigerator
Microwave
Carpet Flooring
Laminate Flooring
Linoleum Flooring
10 Rooms
Dining Room
Family Room
Primary Bedroom
Kitchen
Laundry
Forced Air

Exterior Features

Vinyl Siding
Municipal Water

Community Details

Duplex (Bldg. Style)
Laundry in Building

Taxes and Fees

$5,246 School Tax
$3,721 County Tax
$8,967 Total Tax

Listed By

Joseph Cardinale

HOWARD HANNA CAPITAL INC

Office: 518-755-2064

Cell: 518-755-2064

Listing data is deemed reliable but is NOT guaranteed accurate.

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