$299,000
Albany, NY 12203
MLS# 202424477
Status: Closed
8 beds
1 / 18
Property Description
Seize this fantastic opportunity to own a profitable, two-family property in a prime Albany location. This well-maintained property boasts two spacious units, each offering 4 beds and 2 full baths. With an impressive potential rental income exceeding $57,000 annually, this property promises strong returns. To top it off, the detached 3-car garage provides additional income potential, a perfect bonus for investors looking to maximize earnings. The first-floor unit is fully rented by the room with reliable tenants. The second-floor unit is strategically left with vacancies, with one room occupied, to allow for convenient showings. With many updates over the years and current ROPs, this property is ready for the next owner to step in and start earning.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 299000
Sold Price: $299,000
Current Price: $299,000
Listing Contract Date: 2024-08-30
Location
Street Number: 15
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Geo Lat: 42.661549
Geo Lon: -73.774036
Property Detail
Rooms Total: 10
Bedrooms Total: 8
Bathrooms Full: 4
Year Built: 1900
Garage Spaces: 3
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Special Listing Conditions
Ownership: Lpj llc
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st floo
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 2
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd fl
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 2
Unit 2 Detail
Total Bedrooms: 2
Status Change Info
Status Change Date: 2024-11-26
Under Contract Date: 2024-09-18
Sold Date: 2024-11-25
Sold Price: $299,000
Property Features
Architectural Style: Other
Basement: Partial
Construction Materials: None
Exterior Features: Other
Heating: Hot Water
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Occupied; Showing Service; Sign on Property
Water Source: Public
LBP 
Listing Courtesy of Real Broker NY LLC
Listing Agent: Stela Koeva
518-694-1027 | stelakoeva@yahoo.com
518-694-1027 | stelakoeva@yahoo.com
