Bought with Scott J Alvarez • RE/MAX Solutions
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124 Hamilton Street Albany, NY 12207
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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
Sold Date 11/20/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1846
Annual Tax Amount $8,265
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Triplex
Source Global MLS
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
Direction Coming from NYC on the Thruway take exit 23
Interior
Interior Features Other
Heating Hot Water
Exterior
Parking Features Off Street, Paved, Driveway
Utilities Available Cable Available
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 76.49-2-9
Special Listing Condition Standard
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