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423 Hamilton Street Albany, NY $ 375,000
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423 Hamilton Street
$ 375,000
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423 Hamilton Street

Albany, NY, 12203
$ 375,000
Bedrooms8 Baths2.0

Monthly Estimate*

$ 2,619

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Multi-Family Home for sale in Albany, NY

for $375,000 with 8 bedrooms and 2 full baths. This home was built in 1905 on a lot size of 0.08.

This is a turn-key student rental property with strong positive cash flow. Using my sample pro-forma your positive cash flow will over $14,000/yr assuming an 80% mortgage at 8%. Cap rate of 13.0%. Text or email seller for the pro-forma. The 2-family house on a quiet dead-end street is in excellent condition and needs no repairs or improvements. 4 BRs on the 1st floor ($2,420/mo) leased through May ' 25 and 4BRs on the 2nd floor ($1,770) leased through May of '24. The property was fully renovated in 2011. Includes all appliances (Fridges, ranges, DWs, Micros) with Washer/Dryer in the basement. Roof, boilers (2011), water heaters, electric, plumbing, & appliances are all in great shape and nothing is needed. All renovations and maintenance has been done to a very high level.

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Multi-Family Active

Price

$ 375,000

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,097

Style

Lot Size

0.08

Year Built

1905

Town/City

Albany

County/Region

Albany

MLS | Web ID

202415805
Features
General
Interior Features Other
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Negotiable
Roof Slate
Garage Spaces 1.0
Patio/Porch Features Porch
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1905
Property SubType Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA / Comm Assn N
Status Active
Directions Quail to the dead end of Hamilton
High School Albany
City Albany
Buyer Agent Compensation 1.40
View Y/N N
High School District Albany
Lot Size Square Feet 3484.8
Waterfront Y/N N
Carport Y/N N
Street Name Hamilton
Land Lease Y/N N
Tax Annual Amount 4097.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Active
Tax Assessed Value 0
Tax Lot 36.000
Buyer Agent Compensation Type %
Senior Community None
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Interior
Basement Full
Flooring Tile Hardwood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 2
Half Baths 0
Street Suffix Street
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 2
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Exterior
Water Source Public
Total Parking 4.0
Lot Size Area 0.08
Spa N
Lot Size Acres 0.08
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N Y
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 423
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* Excluded Features
List By
Derek Morgan

Listing Agent

Unreal Estate Brokerage Llc

Broker

(866) 807-9087

Phone

derek@unrealestate.com

Email

Affordability Calculator

$2,961
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$341
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$375,000 Listed Price

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423 Hamilton Street, Albany, NY, 12203 is a Multi-Family Home for sale at $375,000 with a lot size of 0.08. 423 Hamilton Street has 8 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 12203 which is in Albany, NY

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