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$1,998,500
96-98-99-100 Morris St, Albany, NY 12208
0 Beds
0 Baths
23,319 sqft

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32 Unit portfolio. 96 Morris - 2 units, 98 Morris 2 units, 99 Morris - 2 units, 100 Morris 16 Units, 101 Morris 2 Units, 170 Knox St 8 Units. Coin Laundry Room located in 100 Morris accessible to all tenants. Parking for all tenants, current landlord is not charging for. Sold only as a package. Properties have been in the family for over 10 years and beautifully maintained. Close to hospitals, Albany Law School, Albany College of Pharmacy. Most tenants are grad students or nurses. Most long term.Rents are all current. 8.9% Cap Rate.
  • Price:
  • $1,998,500
  • Square Footage:
  • 23,319
  • Year Built:
  • 1955
  • Listing ID #:
  • 202122262
  • Street Address:
  • 96-98-99-100 Morris St
  • City:
  • Albany
  • State:
  • New York
  • Postal Code:
  • 12208
  • County:
  • Albany
  • Community:
  • Albany City-S Central (115)
  • Listing Status:
  • Pending
  • Listing Type:
  • ResidentialMultiFamily
  • Basement Description:
  • Full
  • Building Condition:
  • Excellent
  • Dwelling Type:
  • 3 Family +
  • Finished Above Ground Square Footage:
  • 23319
  • Flooring:
  • Hardwood
  • Number Of Units:
  • 31
  • Siding:
  • Brick, Vinyl
  • Style:
  • Apartment 4+ Units
  • Year Built:
  • 1955
  • Net Operating Income:
  • 178106
  • Lot Size:
  • .44
  • Days On Market:
  • 161
  • For Sale Or Lease?:
  • For Sale
  • Price Per Square Foot:
  • 85.70
  • Property Taxes:
  • $71,391
  • Off Street Parking Spaces:
  • 30
  • Existing Water:
  • Public
  • Heating:
  • H/W-Baseboard
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Charles Curto 518-669-4356 with Howard Hanna
  • CAPIT

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