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501 Washington Avenue

Albany, NY 12206
  • $285,000
  • STATUS: Closed
  • MLS #: 202422287
Sold - 10/04/2024
$285,000
SOLD - 10/04/2024
  • 9
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,396
    SQFT
  • $119
    $/SQFT
Type:
Multi-Family
Built:
1907
County:
Area:

School Information

High School:
School District:

Description

Presenting an exceptional two-family residence situated in the desirable Washington Ave in Albany, offering easy access to all city's amenities. This property is an ideal investment opportunity, delivering substantial cash flow, or a perfect choice for an owner-occupant seeking to minimize living expenses. The 1st-floor unit, intentionally left vacant, has 4 spacious bedrooms and 1 bathroom has been recently painted and refreshed! The 2nd-floor unit, featuring 5 bedrooms and 1 bathroom, is occupied by a reliable long-term tenant who pays $1,700 monthly. This well-maintained property promises impressive returns with estimated annual rental income exceeding $40,000 with both units leased. All separate utilities and low taxes (noted without STAR exemption).

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© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-12-04T22:12:46.697.
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501 Washington Avenue Albany, NY 12206

  • Price: $279,000
  • Status: Closed
  • On Site: Days
  • Updated: 64 min ago
  • MLS #: 202422287
9
Beds
2
Baths
0
½ Baths
0.09
Acres
2,396
SQFT
$119
$/SQFT
1907
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Presenting an exceptional two-family residence situated in the desirable Washington Ave in Albany, offering easy access to all city's amenities. This property is an ideal investment opportunity, delivering substantial cash flow, or a perfect choice for an owner-occupant seeking to minimize living expenses. The 1st-floor unit, intentionally left vacant, has 4 spacious bedrooms and 1 bathroom has been recently painted and refreshed! The 2nd-floor unit, featuring 5 bedrooms and 1 bathroom, is occupied by a reliable long-term tenant who pays $1,700 monthly. This well-maintained property promises impressive returns with estimated annual rental income exceeding $40,000 with both units leased. All separate utilities and low taxes (noted without STAR exemption).
Exterior Features

Architectural Style Other Construction Materials Block Door Features [] Exterior Features None Fencing Back Yard Foundation Details Block Lot Features [] Other Structures Other Parking Features [] Patio And Porch Features Rear Porch Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement UnfinishedWalk-Out Access Cooling None Cooling YN No Fireplace Features [] Flooring Hardwood Heating Hot Water Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Ownership Free At Last Properties LLC Property Condition [] Property Sub Type Duplex Security Features [] Sewer Public Sewer Special Listing Conditions [] Tenant Pays Cable TVElectricityGas Utilities [] Water Source Public

Listing information © 2024 Global MLS.
Listing provided courtesy of Stela Koeva of Real Broker NY LLC: 855-450-0442.



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-12-04T22:12:46.697.
 
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