James Q. Collins

683 State Street, Albany, NY 12203

New - 17 Hours Ago
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Property Description

Fully renovated and presents a turnkey multifamily investment with immediate lease-up potential in one of Albany's most durable rental submarkets. RENOVATIONS & CAPEX IMPROVEMENTS:New LVP flooring throughoutFully updated bathrooms with marble-look porcelain tile & rainfall fixturesNew windows and doorsUpdated exterior sidingRecessed lighting + modern finishesUpdated Electrical and PlumbingNewer roofTrue Turnkey Asset -- No renovation risk or CapEx pipeline3BR UnitsRare Amenity Combo: Onsite Parking + in unit laundryDelivered Vacant -- Control tenant selection + maximize rents immediatelyProven Submarket -- Stable occupancy with diverse renter baseSituated in Pine Hills, one of Albany's most established rental markets:Minutes to University at AlbanyStrong access to healthcare, education, and state employment hubsConsistent demand from students, professionals, and workforce tenantsProjected CAP Rate: >10% (Pro Forma)Agent is the Owner

683 State Street | MLS# 202615320

This multi-family property located at 683 State Street, Albany, NY 12203 is currently listed for sale with an asking price of $369,000. State Street is located within the Albany school district. Search Albany real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Unfinished
Cooling: None
Heating: Baseboard, Forced Air
Home Style: Other
Lot Size: 0.06 Acres
Roof Type: Asphalt
Taxes: $6,303
Year Built: 1900

Feature Descriptions

Exterior: Vinyl Siding
Exterior: None
Fencing: Back Yard
Flooring: Vinyl, Tile
Parcel #: na
Parking Total: 4
Parking Total: 4
Sewer: Public Sewer
SQFT Above Grade Finished: 1750
SQFT Below Grade Finished: 400
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 1,454.11 per month $821.23 Principal & Interest $525.25 Property Tax $107.63 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: ADI Real Estate Services LLC
Agency Phone: 1 518-698-7074

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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