Albany, NY Buy/hold, SFR or Student Housing

[Dale Kelley]

http://genurealty.com/listings/68-glendale-ave-alb...

$159,900

4 bedroom 1.5 bath 1556 sqft., 2 car detached garage with additional off street parking.

Walking distance to Albany Medical College, Albany Law School & Albany College of Pharmacy.  Partially finished attic has enough room for a 5th bedroom.

Newer roof, boiler, windows & siding. 

Home was originally purchased for daughter/student to live in while she attended medical school. Has been rented for past 3 years for $1500.

Most recent MLS listed 3 bedroom rented on same street for $1650 Nov 2014.

Student single room rentals in area currently advertised for $450-600 on Craigslist.

Quiet residential neighborhood, dead end street in the Helderberg neighborhood of Albany, NY. Ideal for families, young professionals or grad/medical students.

6 month comps - 4bed 1.5+ bath 1300-1800sqft