285 Lark Street Active Save Request In-Person Tour Request Virtual Tour
Albany,NY 12210
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $113
MLS Listing ID 202427008
Bedrooms 6
Full Baths 5
Year Built 1854
Annual Tax Amount $14,365
Lot Size 3,484 Sqft
Property Sub-Type Triplex
Property Description
Back On the Market! Great opportunity to owner occupy or add to your investment portfolio with CAP RATE 8.1%. until 11/1/25 when after a rental increase the cap rate with be 9.1%This historical brick brownstone offers 3 units that are all over 1000 square feet. Great views, floor to ceiling windows, lots of natural light. Basement unit has 2 bedrooms and 1 bathroom. Lots of storage, laundry in unit, large kitchen.
Unit 2 has 2 bedrooms and 2 full bathrooms, laundry area, lots of storage and a deck off of the second bedroom. Unit 3 has 2 bedrooms, 2 full bathrooms and a large dining area. All units have working gas fireplaces. Hardwood floors throughout. All units have separate utilities. Owner pays electric/internet for 1st Floor Unit only. Parking is available behind the building if tenants wish to purchase a parking permit. See Profit/Loss in Docs
Location
State NY
County Albany
Interior
Heating Baseboard,Electric,Natural Gas
Flooring Carpet,Ceramic Tile,Hardwood,Laminate
Fireplaces Number 3
Fireplaces Type Basement,Living Room
Exterior
Exterior Feature None
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Schools
School District Albany
Others
Special Listing Condition Standard