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Listed by Lisa Patentreger • Howard Hanna Capital Inc

$ 315,000

Est. payment -/mo

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Active

587 Washington Avenue Albany, NY 12206

6 Beds

2 Baths

2,438 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,438 sqft

Price per Sqft $129

MLS Listing ID 202619937

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,590

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Source Global MLS

Property Description

Sunlight and beautiful hardwood floors highlight this ideally located, recently updated Albany duplex! Each spacious unit offers 3 bedrooms and 1 full bath, with separate tenant-paid utilities. Unit 1 is leased at $1,600 per month, providing immediate rental income, while beautifully updated Unit 2 is vacant and ready for an owner-occupant or new tenant, with estimated rental potential of $1,700 per month. Together, the units offer projected annual gross rental income of $39,600. A brand-new sewer line extending to the city connection represents a significant investment already made by the seller. Public water and sewer, off-street parking, and convenient access to downtown Albany, colleges, hospitals, shopping, dining, and major commuter routes add to the appeal. An excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income!

Location

State NY

County Albany

Direction Washington Ave between Partridge & Ontario

Interior

Heating Baseboard, Hot Water, Natural Gas

Flooring Ceramic Tile, Hardwood

Exterior

Exterior Feature None

Parking Features Off Street, Paved, Driveway

Utilities Available Cable Connected

Roof Type Rubber

Porch Rear Porch, Covered, Enclosed, Front Porch

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Albany

Others

Tax ID 010100 65.53-1-49

Special Listing Condition Standard

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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