83 Beaver Street
Albany, NY 12207
Pending
$1,599,999
Listing by:
Connor Dunn
New Scotland Realty
203-910-3314
Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).
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Features
Square Feet: 20,954
Town: Albany
Bedrooms: 17
Full Bathrooms: 16
Estimated Taxes: $35,172
Water: Public
Sewer: Public Sewer
Heat: Forced Air
Garage: 9
Property Style: Apartment 4 Plus Unit
Exterior: Brick
Exterior Features: Other
Parking Spaces: 9
Location
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