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Originally Posted by JManc
I almost moved to Albany to rent and places like Guilderland, nicer parts of Albany (Washington Park area), Cohoes, etc. were $$$.
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I almost bought a building in that area, but someone else snapped it up before I did because I hesitated.
In fact the listing from back then is still available online! (when I was looking, was in late 2013/early 2014)
Quote:
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Originally Posted by realtor.com
2 Sprague Pl, Albany, NY 12203
Property Overview - What a Deal! Great investment opportunity, 6 unit Brownstone located in Washington Park area, back of first floor apartment has fire damage, subject to third party approval. Tons or potential, great street located near park entrance.
This property overview is from the previous listing when the home was listed for sale in Aug 16, 2013.
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https://www.realtor.com/realestatean...3_M40496-72102
Really great location, right at the park entrance. And a brownstone. With 6 units! The potential cap rate on it was insane.