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324 Hudson Avenue, Albany, NY, 12210

6beds
7baths
4,940sqft
$739,000
$150price/sqft
$6,188/moest. monthly cost
$247,520/yrincome needed

About This Home

8.62 CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are 1,300, 1,200, 1,050, 1,050, 1,127, 1,017 & basement is 900. Great tenants, enjoy the ease of collecting rents. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 7 unit in a highly desirable neighborhood. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways. The Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.

Getting Around

94
WalkingWalker's Paradise
66
TransitGood Transit
0
BikeNot Bike Friendly

Schools

4/10
Albany High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1866

Materials

  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Construction materials: Stone

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Range,Oven,Gas Range,Dishwasher
  • Laundry features: Common Area,In Basement,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Apartment,Finished,Storage Space,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7

Features

  • Crown Molding,Natural Woodwork
  • Flooring: Ceramic Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 4,940

Heating & Cooling

  • Heating features: Hot Water,Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 4,940
  • Total interior livable area: 4,940 sqft

Property

Details

  • Parcel number: 010100
  • Zoning: MultiFamily
  • Zoning description: Residential Dwelling, multi-unit
  • Special condition: Standard

Features

  • Levels: Quad-Level
  • Stories: 4
  • Entry location: Basement
  • Patio & porch: Deck
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 2,178 sqft
  • Features: Back Yard,Cleared
  • Lot size dimensions: 22.1 x 106

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes