708 STATE ST
ALBANY, NY 12203

$315,000

6 Beds

2 Baths

2,024 Sq Ft

Status Pending

MLS# 202421527

This 2 unit was completely renovated in 2022 including new furnace and central air units in each apartment. Currently 1st floor owner occupied second floor AirBNB with monthly average income of $2650. CAP Rate as AirBNB High Market 18.4% Low Market 14.4%. As Long Term Rentals High Market Cap Rate 11.1% Low Market Cap Rate 9.5% (see income expense Sheets) in 2022. The complete renovation included new electrical service, hot water heaters, kitchens and baths. This is a prime investment property or owner occupy one floor and let the other pay most of your mortgage. Check out the virtual tour!!!

Details for 708 STATE ST

$156 / Sq Ft

0 parking spaces

54 Days on website

Interior

Bathrooms Full

Bathrooms Half

Bathrooms Total

Bedrooms Total

Flooring

Carpet, Laminate, Linoleum

Interior Features

["Solid Surface Counters", "High Speed Internet"]

Laundry Features

In Basement

Living Area

2,024 SqFt.

Building And Construction

Property Sub Type

Multi Family

Property Type

Residential Income

Window Features

["Double Pane Windows"]

Year Built

1920

Exterior And Lot

Exterior Features

None

Lot Features

["Level"]

Lot Size Acres

0.06

Lot Size Square Feet

2613.6

Lot Size Units

Acres

Parking Features

["None"]

Utilities

Cooling

["Central Air"]

Heating

["Forced Air", "Natural Gas"]

Area And Schools

City

Albany

County Or Parish

Albany

High School

Albany

School District

Albany

Financial Info

Tax Annual Amount

$8,968.12

Details for 708 STATE ST

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 708 STATE ST