4-Family Income Property in the Heart of Albany

12 Irving St, Albany, NY 12202

$379,900 | 4 Bedrooms | 4 Bathrooms | 2,300 Square Feet

Great opportunity for investment or owner-occupied! Solid brick four-unit within walking distance to the Capital and Lincoln Park on a quiet, tree-lined street. This property features four – one bedroom apartments with exposed brick, decorative fireplaces, and period moldings. Each unit has recently been updated throughout and there is a new roof with a 50-year material warranty. Enjoy additional living and entertainment space on the back decks and in the newly fenced yard. These units have been very easy to rent…located near restaurants and shops. Good cap rate for market between 7-8% with potential for growth given area. Possible assumable mortgage with low rate for owner-occupied buyer.
Property Details
  • Address: 12 Irving St
  • City: Albany
  • State: NY
  • Zip: 12202
  • County: Albany
  • Property Type: Multi-Family
  • Above Ground Square Feet: 2,300
  • Price: $379,900
  • Year Built: 1884
  • School District: Albany
  • Estimated Total Taxes: $8,269
  • Listing Agent: Judith Gabler, Real Estate Broker & Owner
  • Listing Agent Phone: O: (518) 935-4800
  • Listing Agent Email: Judi@GablerRealtyNY.com
Interior Features
  • Total Rooms: 16
  • Bedrooms: 4
  • Full Baths: 4
  • Kitchen: 4, Working
  • Heat Type: Hot Water
  • Heating Fuel: Natural Gas
  • Appliances: Stove and Refrigerator in each unit
  • Basement Description: Full, Apartment
Exterior Features
  • Style: 4 Family
  • Condition: Excellent
  • Lot Size: 0.03 Acre
  • Lot Description: Level
  • Exterior Features: Deck
  • Exterior: Brick
  • Roof: Built-Up
  • Water: Public
  • Septic or Sewer: Public