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!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $630,000 -3.08% | $∞ | LAVIN TIMOTHY J | |
Listed For Sale | $650,000 | $∞ | LAVIN TIMOTHY J |
Year | Annual Amount | Description |
---|---|---|
$8,300 |
Elementary & Middle School North Albany Academy | 0.3 miles away | PK - 08 | |
Elementary School Arbor Hill Elementary School | 0.7 miles away | PK - 05 | |
Middle School Kipp Tech Valley Charter School | 0.8 miles away | 05 - 08 |