Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. With two units currently vacant, the property offers immediate leasing flexibility and projected gross rental income of $49,680 annually ($4,140/month) based on estimated market rents.
Listing By
Agency Name: Pyramid Brokerage Company of Albany Inc
Agency Phone: 1 518-489-9199
Shown By
Agency Title: CKM Team Realty
Agency Phone: 518.395.2568
Estimated Payment
$ 1,284.75 per month $721.08 Principal & Interest $469.17 Property Tax $94.50 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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101 Philip Street | MLS# 202628676
This multi-family property located at 101 Philip Street, Albany, NY 12202 is currently listed for sale with an asking price of $324,000. Philip Street is located within the Albany school district. Search Albany real estate on www.ckmteamrealty.com today.