$275,000
Albany, NY 12206
MLS# 202516623
Status: Closed
4 beds
1 / 12
Property Description
Looking for a smart investment? This income-generating 4-unit property in Albany is a rare opportunity you don't want to miss. Ideally located just 1.5 blocks from the newly renovated, state-of-the-art Albany High School, the property is perfectly positioned to attract qualified tenants. Three of the four units are rented. The prime location offers easy access to schools, shopping, major highways, downtown Albany, and public transportation, making it highly desirable for renters. With a strong rental market and consistent demand in the area, this property presents an excellent opportunity for both seasoned investors and those just starting out. Don't wait! Multiple offers highest and best due Monday by 7 pm 5/19/25 thank you
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 269900
Sold Price: $275,000
Current Price: $275,000
Listing Contract Date: 2025-05-03
List Price/SqFt: 112.27
Location
Street Number: 521
Street Name: Washington
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.664067
Geo Lon: -73.775371
Property Detail
Rooms Total: 16
Bedrooms Total: 4
Bathrooms Full: 4
Year Built: 1915
Above Grade Finished Area: 2404
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2404
Zoning: Multi Residence
Lot Size Dimensions: 27 X 92.8
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2025-09-26
Under Contract Date: 2025-05-19
Sold Date: 2025-09-25
Sold Price: $275,000
Sold Price/SqFt: 114.39
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: 4th
Photos - the contractual owner of the photos
Photo Owner: Photographer
Income And Expenses
Rental Income Description: Actual
Total Income: 2850
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 900
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 2
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 975
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 975
Rent Desc. MF Unit 3: Actual
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: 2
Occupant Type MF Unit 4: Tenant
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Total Bedrooms: 1
Unit 2 Detail
Total Bedrooms: 1
Unit 3 Detail
Total Bedrooms: 1
Unit 4 Detail
Total Bedrooms: 1
Property Features
Architectural Style: Other
Basement: Full
Construction Materials: Aluminum Siding; Vinyl Siding
Cooling: Central Air
Electric: 200+ Amp Service
Exterior Features: Garden
Fencing: Back Yard
Flooring: Carpet; Vinyl
Heating: Forced Air; Natural Gas
Levels: Tri-Level
Possession: At Closing
Roof: Built-Up
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Call Listing Office; Lockbox
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Disclosures 
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Arpi Balgin
518-584-0060 |
518-584-0060 |
