500 Park Avenue, Albany, NY 12208, Albany

Description

IDEAL location! Corner of South Lake and Park Avenues. Steps to Albany Med, Albany Law, Albany pharmacy and more. 8 occupied apartments. Potential for 9th apt. or more. 3 car garage and 6+ parking spaces, room for more. Rents should be higher. All rents include heat, hot water, grounds maintenance, sewer, water, snow removal and trash. Tenants pay for electric and cooking gas. NEW roof! Several trees removed. NEW electrical boxes. Boiler 2010. Coin operated laundry in the basement. 3 apts. on the 1st Flr. 3 apts. on the 2nd Flr. 2 Apts on the 3rd Flr. Please see attached documents. SOLD ”AS IS”. A few cosmetic improvements will make this EXCELLENT investment shine!