High-performing duplex in Albany, New York with strong in-place rents + extra income from coin-op laundry. A clean, easy-to-underwrite pro forma that works for both investors and owner-occupants (house hack).Both units are currently rented at $1,900/month unit 2 and $1800/Month unit 1 each for total rent of $3,700/month ($44,400/year), plus approximately $1,292/year in laundry income. Total gross income is ~$45.692/year. Operating expenses are straightforward: city + school taxes ($8,181/yr), and owner-paid water/sewer ($1,200/yr) Estimated 10% Cap Rate utilities are tenant-paid (gas/electric); owner pays water/sewer only. Top floor available for showing as per Showing Time instructions. First floor can be shown if further interest.
Listing courtesy of listing agent Ellen Evans with Gendron's Property Management Brokerage, 518-312-7116.
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