3 Sherman St
Listing Notes
** Multiple Offers - Best and Final for all offers due Sunday 5/24 by 12pm** This amazing 3 Unit is located in the Center of Downtown Albany! Each unit features modern updates, and a spacious floor plan. This is a solid investment for any investor looking for cash flow. Located in the heart of Albany, and within walking distance to the State Capital Buildings, Lark St, Washington Park, Downtown UAlbany Campus, amazing restaurants, shops, and easy access to highways. This Beautiful Brick Triplex is awaiting its new owner! 9.5% cap rate and 1.6 DSCR. Great positive cash flow after all expenses and mortgage.
Price in context
Cheaper than 58% of the 24 homes listed nearby right now, which run $174,999 to $400,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 300 3rd St | $174,999 | 5 bd · 2 ba |
| 257 Elk St | $175,000 | 6 bd · 2 ba |
| 192 Clinton Ave | $189,900 | 4 bd · 2 ba |
| 232-242 Elk St | $193,000 | — |
| 270 Hudson Ave Unit 104 | $199,900 | 1 bd · 1 ba |
| 318 1st St | $230,000 | 5 bd · 3 ba |
| 372 Madison Ave | $250,000 | Studio |
| 70 Central Ave | $259,999 | 18 bd · 6 ba |
| 313 1st St | $260,000 | 6 bd · 3 ba |
| 377 Hamilton St | $289,000 | 2 bd · 2 ba |
| 164 Lark St | $295,000 | 4 bd · 4 ba |
| 97 Henry Johnson Blvd | $299,000 | 6 bd · 4 ba |
| 166 2nd St | $299,900 | 9 bd · 3 ba |
| 243 Elm St | $299,900 | 3 bd · 2 ba |
| 21 Western Ave | $314,900 | 3 bd · 3 ba |
| 385 Washington Ave | $325,000 | 3 bd · 3 ba |
| 211 Lancaster St | $350,000 | 1 bd · 1 ba |
| 282 Lark St | $368,000 | 3 bd · 3 ba |
| 177 Lancaster St | $374,999 | 3 bd · 3 ba |
| 469 Madison Ave | $375,000 | 5 bd · 2 ba |
| 99 Chestnut St | $385,000 | 2 bd · 2 ba |
| 82 Dove St | $399,000 | 5 bd · 4 ba |
| 418 Madison Ave | $399,900 | 2 bd · 3 ba |
| 340 Hamilton St | $400,000 | Studio · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more