3-4 Leonard Place 3-4 Leonard Pl
8 Unit Apartment Building $750,000 ($93,750/Unit) Albany, NY 12202
EXECUTIVE SUMMARY
This 8 Unit building features several fully renovated units along with units that could use upgrades to increase rents. This is a perfect starter investment or addition to an existing portfolio. Parcels included: 3 Leonard: 76.39-1-13 and 4 Leonard: 76.39-1-12.
PROPERTY FACTS
| Price | $750,000 |
| Price Per Unit | $93,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,750 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 1.39/1,000 SF |
| Opportunity Zone |
Yes |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Family Room
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Public Transportation
- Walk-Up
1 of 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $263,800 | |
| Land Assessment | $70,000 | Total Assessment | $333,800 |
ZONING
| Zoning Code | R2A |
