Kathleen M. Franco

151 S Pearl Street, Albany, NY 12202

New - 6 Hours Ago
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Property Description

Three-story brick mixed-use building offering an excellent opportunity for investors and owner-occupants. The property features a vacant commercial storefront with an estimated rental income of $2,000 per month, a vacant second-floor apartment with an estimated rental income of $1,600 per month, and a third-floor apartment occupied by a long-term tenant currently paying $1,250 per month.With the potential to generate approximately $60,000 in gross annual rental income, this mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The vacant storefront and second-floor apartment offer immediate leasing or owner-occupancy options, while the third-floor tenant provides income from day one. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection.

151 S Pearl Street | MLS# 202622868

This commercial property located at 151 S Pearl Street, Albany, NY 12202 is currently listed for sale with an asking price of $299,000. S Pearl Street is located within the Albany school district. Search Albany real estate on kathy-franco.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Industrial
Basement: Full, Unfinished
Basement: Yes
Cooling: Wall Unit(s)
Heating: Baseboard, Radiant
Home Style: Multiple Dwelling Unit
Lot Size: 0.05 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $7,015
Year Built: 1890

Feature Descriptions

Exterior: Brick
Flooring: Vinyl, Carpet
Lot Dimensions: 23.4X100
Parcel #: 010100 76.49-4-11
Parking: Public Parking, On Street
Parking Total: 0
Security: Carbon Monoxide Detector(s), Fire Alarm
Sewer: Public Sewer
SQFT Building Total: 6127
Water: Public

Local Schools

High School: Albany
School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: Realty One Group Key
Agency Phone: 1 518-630-5360

Shown By

Agent Name: Kathleen M. Franco
Agent Phone: (315) 884-8198 Cell
Agency Title: Coldwell Banker Prime Properties

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