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Property profile & analytics
OFF-MARKET
Commercial real estate

522 Flint Ave Albany, GA 31701

5,300 SF 1 ac lot Built 1974
Property ID
US22-2927316
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1974
Total area 5,300 SF
Lot 1 ac (43,560 SF)
UPID US22-2927316
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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