522 Flint Ave Albany, GA 31701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.