2526/28/ Hilltop Drive, Albany, GA 31707

$1,299,000
24
BD
24
BA
15,414
SqFt

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List Price
$1,299,000
Status
ACTIVE
MLS#
169985
Bedrooms
24
Bathrooms
24
Full Baths
24
Living Area
15,414
Lot Size (Acres)
0.77
Style
Quadplex
Year Built
2005

Property Description

~ INCOME-PRODUCING INVESTMENT PROPERTY ~ THREE QUAD BUILDINGS ~ 12 TOTAL UNITS ~ IMMEDIATE RENTAL INCOME ~ NORTHWEST ALBANY ~ Includes 2526, 2528 and 2530 HILLTOP DRIVE, ALBANY, GA. Excellent opportunity to acquire a substantial INCOME-PRODUCING MULTIFAMILY INVESTMENT with immediate rental income! This offering includes THREE QUAD BUILDINGS, all conveniently located beside one another, making management, maintenance and oversight much easier. Each building contains FOUR UNITS, for a total of 12 RENTAL UNITS. Each unit features 2 BEDROOMS and 2 FULL BATHROOMS and currently rents for approximately $800–$950 PER MONTH. Current rents offer additional upside, with opportunities for FUTURE RENTAL INCREASES as leases renew and rental rates are adjusted. The property currently generates approximately $135,000+ IN GROSS ANNUAL RENTAL INCOME, providing strong existing cash flow with additional income potential. The buildings feature attractive HARDI PLANK-STYLE EXTERIORS and are located in desirable NORTHWEST ALBANY. With all 12 units neighboring one another, this is a rare opportunity to add a sizable multifamily property to your investment portfolio while keeping operations centralized and manageable. Whether you are expanding an existing rental portfolio or looking for a larger multifamily investment, this property offers STRONG CURRENT INCOME WITH ADDITIONAL UPSIDE POTENTIAL. GREAT INVESTMENT OPPORTUNITY — 12 UNITS, THREE BUILDINGS, ONE CONVENIENT LOCATION!

Additional Information

Area
Northwest Albany
Subdivision
Hilltop Place
Taxes
$17,470
Stories
2
Garage Spaces
96
Water
Albany Utilities
Sewer
Albany Utilities

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Listing courtesy of ERA ALL IN ONE REALTY.