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124 Hamilton Street

Albany, NY 12207

Active

$400,000

Listing by:
Scott J Alvarez
RE/MAX Solutions
518-522-7265

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.

$400,000
5.0
Bedrooms
3
Bathrooms
0.07
Acres
Year Built:
1846
County:
Albany
School District:
Albany
Acres:
0.07
Listing Agent:
Scott J Alvarez
Listing Office:
RE/MAX Solutions
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Features

Town: Albany
Bedrooms: 5
Full Bathrooms: 3
Estimated Taxes: $8,265
Water: Public
Sewer: Public Sewer
Heat: Hot Water
Garage: 0
Property Style: Traditional
Exterior: Brick
Cooling: Wall Unit(s)
Parking Spaces: 3

Location