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Image 1 - 708 State St, Albany, New York, 12203 - House for sale
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State St, Albany, Home For Sale
708 State St, Albany, New York, 12203

State St, Albany, Home For Sale

house for sale
Listed: Today

708 State St, Albany, New York, 12203

6 Bed:
2 Bath:
2,024 Sq Ft Living Area:
Save
Price
$ 300,000

About This House

This 2 unit was completely renovated in 2022 including new furnace and central air units in each apartment. Currently 1st floor owner occupied second floor AirBNB with monthly average income of$2650. CAPRate as AirBNB High Market 18.4% Low Market 14.4%. As Long Term Rentals High Market Cap Rate 11.1% Low Market Cap Rate 9.5% (see income expense Sheets) in 2022. The complete renovation included new electrical service, hot water heaters, kitchens and baths. This is a prime investment property or owner occupy one floor and let the other pay most of your mortgage. Check out the virtual tour!!!

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