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About the Listing o2750A - 24820
Six unit brick investment property offered together with the adjoining approved buildable parcel at 91 N Manning Boulevard. Combined annual gross income of $94,800 ($7,900/month), representing a 6.33 gross rent multiplier. 95 N Manning includes six residential apartments, four rental garages and two storage sheds. 91 N Manning includes four additional rental garages, one storage shed and additional parking, offering future development potential. Income consists of six apartments ($72,000 annually), eight garages ($16,800), three sheds ($3,600), parking ($1,200) and coin-operated laundry ($1,200). Strong rental history with an average tenancy of 16 years and a 0% vacancy rate over the past decade plus. Tenants pay their own electric. No reported history of water intrusion in the basement apartments. A rare chance to own an established income producing investment with multiple revenue streams. Inquire today!
Listing Highlights for 95 N Manning Boulevard
Interior Details
- Bedrooms: 11
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Hot Water,Radiant
- Fireplaces:
- Floor: Tile,Ceramic Tile,Hardwood
- Above Ground Sq Ft: 3456
- Below Ground Sq Ft: 1728
- Basement: Apartment,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Cleared
- Garage Capacity: 8 car
- Parking Spaces: 20
- Roof: Shingle,Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Detached,Driveway
Financial Details
- Tax Amount: $11,530
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.30-1-29
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
95 N Manning Boulevard Albany, NY 12206
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