If you’re in the market for an investment property in Albany, New York, then this might just be the perfect opportunity for you. A listing for Albany homes for sale has recently been made available, and it’s not one you’ll want to miss. With the highest and best offers due by Wednesday, July 19th, at 6pm, it’s time to act fast!
This property is particularly attractive for investors looking to add to their portfolio. With 2-3 bedrooms upstairs and 2 bedrooms downstairs, there is ample space for tenants. Additionally, each unit features a full bath, ensuring comfort and convenience for tenants. The property’s solid rental history is a testament to its appeal and potential for generating income.
One of the standout features of this property is its full, dry basement. This offers valuable additional storage space for tenants, which is always a plus. Furthermore, separate utilities make it easier to manage expenses and ensure that each unit is responsible for their own bills.
The property has also received some recent updates, including new water heaters, Utica boilers, and newer windows throughout. These upgrades not only enhance the overall appeal of the property but also improve its efficiency and reduce ongoing maintenance costs.
It’s important to note that this property is being sold as-is. While this may seem like a disadvantage to some, it presents a unique opportunity for investors to potentially acquire a property at a favorable price. With the right vision and a little TLC, this property has the potential to become a lucrative investment.
As an added note, it’s worth mentioning that the agent is related to the seller. This may provide some advantages to potential buyers, as the agent will likely have a deep understanding of the property and its history.
If you’re an investor looking for a promising opportunity in the Albany area, this property is definitely worth considering. With its strong rental history, desirable layout, recent updates, and potential for future growth, it ticks all the boxes. Don’t miss out on the chance to add this property to your portfolio. Submit your highest and best offer by Wednesday, July 19th, at 6pm, and secure your future investment in Albany real estate.
178 N Lake Avenue, Albany, NY 12206