22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
22 Albany Street
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$623,500

22 Albany Street

Description

(5 unit great opportunity), buy a turnkey investment property on a quiet road two blocks from the Hudson River in the quaint hamlet of Galsco. Property has its own off street parking. The Building consists of 5 units which are all two bedroom and one bath. Each apartment comes with a storage unit in the rear of the building. The Building has been very well maintained, in the past few years new hot water heathers, floors, ranges and refrigerators were replaced when needed. Strong rents and are still below market rates. Furnace has been serviced regularly. Building is connected with municipal water and sewer. Tenant pays electric. Owner pays for heat (natural gas), water/sewer, and plowing/landscaping. The building comes with a plot of land In front of building. Buyers agent to confirm what can be built. At current ask , appx 7 cap, with rent increases set to come into effect over the next few months.

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Location

22 Albany Street, Saugerties, NY 12477

Status

Sold
Greg Berardi

Greg Berardi

TITLE

Broker | Owner

LICENSE

10991234246

Property Amenities

Interior
Appliances Refrigerator, Range, Electric Water Heater
Flooring Carpet, Ceramic Tile
Other Interior Features Other
Area & Lot
Lot Area 0.74 Acres
MLS® ID 20221144
Year Built 1962
School District Kingston Consolidated
Type Multi-Family
Status Sold
Exterior
Stories 1
Heat type Baseboard, Hot Water, Natural Gas
Water Source Public
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Lighting
Parking Driveway, Off Street, Paved
Lot Features Garden, Gentle Sloping, Landscaped, Level
Roof Asphalt, Shingle
Finance
Sales Price $623,500
Real Estate Tax $11,369 yearly

Work with Megan

Megan is here to assist you through every step of the process and takes pride in being an expert in the field. I eagerly anticipate the opportunity to collaborate with you and facilitate the sale of one of your most significant assets. Contact me today!