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501 Washington Avenue Albany, NY $ 279,000
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$ 279,000 Get more info
501 Washington Avenue
$ 279,000
Back to search
Share Save

501 Washington Avenue

Albany, NY, 12206
$ 279,000
Bedrooms9 Baths2.0 Sq 2,396

Monthly Estimate*

$ 1,671

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Multi-Family Home for sale in Albany, NY

for $279,000 with 9 bedrooms and 2 full baths. This 2,396 square foot home was built in 1907 on a lot size of 0.09.

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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Multi-Family Pending

Price

$ 279,000

Bedrooms

9

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,678

Style

Lot Size

0.09

Year Built

1907

Town/City

Albany

County/Region

Albany

MLS | Web ID

202422287
Features
General
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession At Closing
Exterior Features None
Garage Spaces 0.0
Patio/Porch Features Rear Porch
Architectural Style Other
Construction Materials Block
Year Built 1907
Tenant Pays Cable TV Electricity Gas
Property SubType Duplex
Percent Ownership Free At Last Properties LLC
County Albany
New Construction N
Property Type MultiFamily
Home Owner Assoc N
Other Structures Other
Full Baths 2
Status Pending
Buyer Financing Conventional
Directions Head northwest on Washington Ave toward N Hawk St; Keep left to stay on Washington Ave; Turn right on Washinton ave property is located on the right.
High School Albany
City Albany
View Y/N N
High School District Albany
Lot Size Units Acres
Lot Size Square Feet 3920.4
Waterfront Y/N N
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5678.34
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Pending
Tax Assessed Value 0
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Interior
Basement Unfinished Walk-Out Access
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 2396.0
Half Baths 0
Total Bedrooms 9
Electric On Property Y/N N
Total Baths 2
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Exterior
Fencing Back Yard
Water Source Public
Lot Size Area 0.09
Foundation Details Block
Spa N
Lot Size Acres 0.09
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Stela Koeva

Listing Agent

Real Broker Ny Llc

Broker

(518) 694-1027

Phone

stelakoeva@yahoo.com

Email

Affordability Calculator

$2,144
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,671
Monthly Property Taxes
$473
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2024$279,000 Listed Price

Map

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501 Washington Avenue, Albany, NY, 12206 is a Multi-Family Home for sale at $279,000 with 2,396 sqft and a lot size of 0.09. 501 Washington Avenue has 9 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 12206 which is in Albany, NY

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