MONEY MAKER $76k last year. Historic building close to the Palace Theater and the Capitol building in Albany, NY. This successful investment property has 3 apartments, all currently being used as AirBNB's. Generating avg of $6,300+ revenue/mo, with some months over $9k-$10k+. All furniture & AirBNB business items, dcor, vendors, supplies, smart locks, etc. are available & can be negotiated. Perfect location close to Downtown, Washington Park, Lark Street, hospitals, working very well for short term (Airbnb), medium term (traveling nurse), or long term (regular tenant). Easy for owner-occupant if desired. *BONUS* is the unfinished garden level 4th unit: convert to 4th apartment or storefront for additional revenue. Separate utilities keep the bills down. Begin or grow your portfolio here!
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Albany is located in New York. Albany, New York has a population of 99,402. Albany is less family-centric than the surrounding county with 19.68% of the households containing married families with children. The county average for households married with children is 27.09%.
The median household income in Albany, New York is $52,583. The median household income for the surrounding county is $73,810 compared to the national median of $69,021. The median age of people living in Albany is 31.6 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 39.5 inches per year, with 51.6 inches of snow per year.
