Albany, NY 12207,124 Hamilton Street
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Albany, NY 12207,124 Hamilton Street
Albany, NY 12207,124 Hamilton Street
Albany, NY 12207,124 Hamilton Street
Listed by Scott J Alvarez • RE/MAX Solutions
Bought with Scott J Alvarez • RE/MAX Solutions

$310,000

Est. payment /mo

$375,000

17.3%
Est.Price: ?

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124 Hamilton Street Albany, NY 12207

5 Beds

3 Baths

4,584 SqFt

SOLD DATE : 11/20/2024

Key Details

Sold Price $310,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $67

MLS Listing ID 202425380

Bedrooms 5

Full Baths 3

Year Built 1846

Annual Tax Amount $8,265

Lot Size 3,049 Sqft

Property Description

This outstanding brick 3-unit property offers terrific cash flow potential in a prime downtown Albany location. One of the apartments spans two floors and is estimated to generate $30,000 in annual rent. The other two units also have high rent potential due to the desirable location, with views of the Times Union Center and within walking distance to local amenities. A rare feature for downtown properties, this building includes off-street parking, adding significant value for future tenants.

Additionally, the property package includes 124 Hamilton and 39 Van Zandt Street, expanding investment opportunities. This is a prime opportunity for investors seeking properties with strong rental potential in a sought-after location. Showings will begin on Monday, 9/16.

Location

State NY

County Albany

Interior

Heating Hot Water

Exterior

Garage Off Street, Paved, Driveway

Utilities Available Cable Available

Waterfront No

Building

Sewer Public Sewer

Water Public

Schools

School District Albany

Others

Special Listing Condition Standard

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Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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