522 Flint Ave Albany, GA 31701
- Commercial real estate
- 5,300 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 522 Flint Ave
- Year built
- 1974
- Lot size
- 1.00 lot acres
- Property size
- 5,300 SF
- Property type
- Commercial real estate
Description
This exceptional multifamily investment opportunity presents a meticulously maintained, eight-unit apartment building situated in the heart of downtown Albany, Georgia. The property, comprised of two separate buildings on a one-acre lot, boasts a total of 5,300 square feet of net rentable space, with each unit featuring one bedroom and one bathroom, a fully equipped kitchen, and a comfortable living area. All units are currently furnished. Recently renovated in 2023, the front building showcases modern updates, while the entire property benefits from newly installed roofs. Conveniently located near the hospital and church district, this historic multiplex offers ample parking and convenient alley access. Built in 1974, this Class B property presents a compelling investment opportunity with a current asking price of $351,900 ($43,987.50 per unit and $66.40 per square foot). The property's strong rental history and potential for a $4,500 monthly rental income make it an attractive addition to any portfolio. The property is offered as an owner/user investment. This is a rare chance to acquire a well-maintained, high-yield multifamily property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.161053237927
- Latitude
- 31.579202952964
