Garbage Fees in Albany, NY
I work at the Mayor’s office in Albany, NY and was talking to an officer who owns several properties in the city. I mentioned that my goal was to purchase a four unit; live in one while I rented the other three out while studying for my graduate degree. His advice was to go with three units because I’d have to pay more in garbage fees for a four unit, but if I bought a three unit and rented the other two out, I would only be responsible for the garbage fees in the two rented units and the fee would be less than if I were to have a four unit.
Does anyone have experience dealing with Albany and the garbage fees? Are there any other miscellaneous fees that I should be aware of before investing in Albany?
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I have couple duplexes in Albany. Garbage fee is $180/year. If you have a SFH it's free, 2nd unit is $180. I think every additional unit is also $180. I have tenants pay that as an extra charge ($15/month). Albany is also known for high taxes.