Listing Provided by Keller Williams Capital District Latham

339 1st St, Albany


6 Beds
2 Baths
1,400 Sqft
.06 Acres
0 Garages

Great cash flowing property to add to any investor's portfolio. Or owner-occupy and live for free! This up-and-down style 2F is in Albany's West Hill neighborhood. Convenient location to downtown, UAlbany, highways, and multiple parks. Both units have 3 bedrooms, and are currently rented month to month for $900 each. All tenants paid to date. Separate utilities: tenants pay electric, heat, and hot water. Very low expenses here = huge return. See proforma for 12% Cap Rate and 30% cash on cash return. Double lot provides extra comfort and space for parking and play. Roof 9 years old, replacement windows, solid brick foundation. Get in before it's gone.


Mortage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information