151 S Pearl Street, Albany, NY 12202
sale
$299,000
|
Other
Courtesy Of Realty One Group Key
Three-story brick mixed-use building offering an excellent opportunity for investors and owner-occupants. The property features a vacant commercial storefront with an estimated rental income of $2,000 per month, a vacant second-floor apartment with an estimated rental income of $1,600 per month, and a third-floor apartment occupied by a long-term tenant currently paying $1,250 per month. With the potential to generate approximately $60,000 in gross annual rental income, this mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The vacant storefront and second-floor apartment offer immediate leasing or owner-occupancy options, while the third-floor tenant provides income from day one. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Architecture Style: Other
- Cooling System: Wall Unit(s)
- Exterior Type: Brick
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 3
- Heating System: Baseboard
- Heating System: Radiant
- MLSID: 202622868
- Roof Type: Flat
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