$360,000
Albany, NY 12206
MLS# 202523319
Status: Closed
6 beds
1 / 1
Property Description
4-unit investment property in prime rental location - within close proximity of Washington Park, the downtown SUNY Campus and St. Rose. Features incl. original hardwood floors & crown molding, tall ceilings & larger windows throughout. New appliances in some units. Updated electric and plumbing. Cash flow greater than 62K in rental income w/ room to grow! Minor TLC will make this place shine! Very Good Condition Top two 1 Bedroom Apartments are Vacant and with the Close proximity to Albany Med, great investment for Traveling Nurses! No current ROP. Property is being sold ''As Is''
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 360000
Sold Price: $360,000
Current Price: $360,000
Listing Contract Date: 2025-08-06
List Price/SqFt: 101.01
Location
Street Number: 487
Street Name: Washington
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.663266
Geo Lon: -73.77388
Property Detail
Rooms Total: 18
Bedrooms Total: 6
Bathrooms Full: 4
Year Built: 1940
Above Grade Finished Area: 3564
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 3564
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2025-12-12
Under Contract Date: 2025-08-22
Sold Date: 2025-11-20
Sold Price: $360,000
Sold Price/SqFt: 101.01
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: 3rd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Special Listing Conditions
Ownership: Cezary Wyjatek
Income And Expenses
Rental Income: 62400
Rental Income Description: Actual
Electric Expense: 400
Electric Expense Description: Estimated
Gas Expense: 1600
Gas Expense Description: Estimated
Insurance Expense: 1500
Insurance Expense Description: Estimated
Unit Information
Number Of Dishwashers: 1
Number Of Dryers: 1
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: ground
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1100
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1500
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1250
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3rd
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1250
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Total Bedrooms: 2
Unit 2 Detail
Total Bedrooms: 2
Unit 3 Detail
Total Bedrooms: 1
Unit 4 Detail
Total Bedrooms: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Apartment
Construction Materials: Brick
Cooling: Window Unit(s)
Exterior Features: None
Flooring: Hardwood; Vinyl
Heating: Natural Gas
Interior Features: Crown Molding
Levels: Tri-Level
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Tenant Pays: Electricity; Gas
Property Condition: Updated/Remodeled
Water Source: Public
Unit 1 Owner Furnish Features: Heat; Hot Water; Trash; Water
Unit 2 Owner Furnish Features: Heat; Hot Water; Trash; Water
Unit 3 Owner Furnish Features: Heat; Hot Water; Trash; Water
Unit 4 Owner Furnish Features: Heat; Hot Water; Trash; Water
CO2/Lead Paint 
Listing Courtesy of McDonald Real Estate Comp LLC
Listing Agent: Heather J Morra
917-575-8112 | hmorramcdreco@gmail.com
917-575-8112 | hmorramcdreco@gmail.com
