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KL Real Estate Services LLC
587 Washington Avenue, Albany, NY 12206
- $315,000
- 6
- BD
- 2
- BA
- 2,438
- SqFt
- List Price
- $315,000
- Price Change
- ▲ $40,000 1792641938
- MLS#
- 202619937
- Style
- Traditional
- Bedrooms
- 6
- Bathrooms
- 2
- Subdivision
- Select One
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!
Additional Information
- Taxes
- $5,590
- Acres
- 0.08
- Lot Description
- Level
- School District
- Albany
- Heating
- Baseboard, Hot Water
- Cooling
- None
- Exterior Features
- None
- Construction
- Aluminum Siding, Vinyl Siding
- Roof
- Rubber
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Lisa Patentreger with Howard Hanna Capital Inc Brokerage, 518-852-8616.
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