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Listed by Jeffrey Martino • Pyramid Brokerage Company of Albany Inc

$ 324,000

Est. payment -/mo

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101 Philip Street Albany, NY 12202

6 Beds

3 Baths

2,772 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $116

MLS Listing ID 202628676

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1854

Annual Tax Amount $5,630

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Triplex

Source Global MLS

Property Description

Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. With two units currently vacant, the property offers immediate leasing flexibility and projected gross rental income of $49,680 annually ($4,140/month) based on estimated market rents.

Location

State NY

County Albany

Direction From Madison Avenue, turn south onto Philip Street between Eagle Street and Grand Street. Property is located at 101 Philip Street.

Interior

Heating Forced Air, Natural Gas

Flooring Hardwood

Window Features Blinds

Exterior

Exterior Feature Garden

Roof Type Shingle,Asphalt

Porch Deck, Patio

Building

Lot Description Landscaped

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Albany

Others

Tax ID 010100 76.49-6-23

Special Listing Condition Standard

Jordan Bernard

NYS Licensed Real Estate Salesperson

+1(347) 585-8366 | jmbernardhome1s@gmail.com

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