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About the Listing o424A - 2420,30830
Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!
Interior Details
- Bedrooms: 16
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water,Radiant,Radiant Floor,Natural Gas
- Fireplaces:
- Floor: Tile,Hardwood
- Above Ground Sq Ft: 6184
- Below Ground Sq Ft: 0
- Basement: Full
- Other: Solid Surface Counters,High Speed Internet,Built-in Features,Ceramic Tile Bath
- Water: Public
Exterior Details
- Garage Capacity: 6 car
- Parking Spaces: 14
- Roof: Flat,Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,Detached,Driveway,Garage
Financial Details
- Tax Amount: $12,216
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 64.42-2-85 01
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
9799 97-99 Homestead Albany, NY 12203
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