229 MORRIS ST Albany, NY 12208 in Albany, New York

Beautiful garden style 12-unit apartment building one block from Albany Medical Center and all public transit. Low annual turnover - most tenants are Med School students who stay 3-4 years. Low historical vacancy near 2%. Tenants pay all utilities. Many capital improvements - new kitchen appliances, carpeting, and newly paved parking lot. Investment return = 7.6% w/ a 5% vacancy factored in. Full financials available.
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 0
Living Area: 8,000
Lot Size: 0.45 acres
Type: Multi-Family Home
County: Albany
Year Built: 31
Status: Active
Subdivision: --
Area: --
Utilities: Water:Public Sewer:Public
Taxes: 18, 670
Status: Active
Acreage: 0.45
Construction: Brick
Garage/Parking: 0
Style: 9+ Family
Exterior Feature: Brick
Heating/Cooling: Heat: Baseboard; AC: Wall A/C Unit
School District: Albany