124 Hamilton Street
$310,000
5
3
4,584
4,584
$68
Closed 11/20/24
Description
This outstanding brick 3-unit property offers terrific cash flow potential in a prime downtown Albany location. One of the apartments spans two floors and is estimated to generate $30,000 in annual rent. The other two units also have high rent potential due to the desirable location, with views of the Times Union Center and within walking distance to local amenities. A rare feature for downtown properties, this building includes off-street parking, adding significant value for future tenants. Additionally,...This outstanding brick 3-unit property offers terrific cash flow potential in a prime downtown Albany location. One of the apartments spans two floors and is estimated to generate $30,000 in annual rent. The other two units also have high rent potential due to the desirable location, with views of the Times Union Center and within walking distance to local amenities. A rare feature for downtown properties, this building includes off-street parking, adding significant value for future tenants. Additionally, the property package includes 124 Hamilton and 39 Van Zandt Street, expanding investment opportunities. This is a prime opportunity for investors seeking properties with strong rental potential in a sought-after location. Showings will begin on Monday, 9/16.
- Listed by Scott J Alvarez • RE/MAX Solutions
Property Details for 124 Hamilton Street
Architectural Style
Traditional
WaterfrontNo
Parking Total3.00
LISTING UPDATED: 11/20/2024 12:30 PM
Property Details for 124 Hamilton Street
Status | Closed |
---|---|
MLS # | 202425380 |
Days on Market | 24 |
Taxes | $8,265 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Triplex |
Year Built | 1846 |
Lot Size | 0.07 AC / 3,049 SF |
County | Albany County |
Building Information for 124 Hamilton Street
Stories-Residences-Year Built1846Building Size-Lot Size0.07 AC / 3,049 SF
Property Information for 124 Hamilton Street
Property History for 124 Hamilton Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 124 Hamilton Street
Taxable ValueLand$38,800Additions$155,200Total$194,000
Home Facts
Baths3Total Finished SqFt5,892 SqFtAbove Grade Finished SqFt4,584 SqFtFinished Basement SqFt1,308 SqFtStories3Lot Size3,045 SqFtStyleTriplexYear Built1846ZoningR2CCountyALBANYAPN010100 76.49-2-9
Schools near 124 Hamilton Street
This home is within Albany City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Giffen Memorial Elementary School PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 12 | ||
Albany High School Public9 to 12 | ||
Thomas S O Brien Academy Of Science And Tech PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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