$210 / 6br - 2300ft² - 3 UNIT investment property Albany. ALWAYS RENTED!!! (271 Western Ave)
Trustco Bank offers the best terms right now (4.125% interest) for an owner occupied three unit building. Trustco Bank asks for 10% down payment while most banks ask for 20-25%. They will count up to 75% of the rentals as income for you as a buyer as well.
Brick row building, current rental incomes $900, $800, $550 (basement unit), coin operated laundry, furnace replaced 2010, roof replaced 2011, water heaters replaced 2008. Three recently remodeled bathrooms. Building in need of work. All units currently leased through June 2015.
- do NOT contact me with unsolicited services or offers