$255,000
Albany, NY 12206
MLS# 202416417
Status: Closed
8 beds
1 / 14
Property Description
Cash Flowing 8 bedroom 2 unit bringing in 33,600 annually. Located in a very strong rental area with great rental history. Located between both UAlbany campuses, minutes from Albany Med and downtown Albany. Can be packaged with a combination of 9 other rental properties in the near by vicinity.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 274900
Sold Price: $255,000
Current Price: $255,000
Listing Contract Date: 2024-05-02
List Price/SqFt: 122.5
Location
Street Number: 541
Street Name: Washington
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.664529
Geo Lon: -73.776169
Property Detail
Rooms Total: 14
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1907
Above Grade Finished Area: 2244
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 2244
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2024-11-01
Under Contract Date: 2024-08-09
Sold Date: 2024-10-28
Sold Price: $255,000
Sold Price/SqFt: 113.64
Financial Details
General Taxes: 1553
General Taxes Description: Estimated
School Taxes: 2055
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Income And Expenses
Rental Income: 2800
Rental Income Description: Estimated
Total Income: 33600
Total Income Description: annual
Insurance Expense: 1264
Insurance Expense Description: Actual
Water Sewer Expense: 1000
Water Sewer Expense Desc.: Estimated
Maintenance Expense: 2000
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: fl 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1400
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1400
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: fl 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1400
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1400
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Full
Construction Materials: Wood Siding
Cooling: None
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Flooring: Hardwood; Tile; Wood
Heating: Hot Water; Natural Gas; Zoned
Levels: Two
Listing Terms: Cash
Owner Pays: Grounds Care; Sewer; Trash Collection; Water
Patio And Porch Features: Front Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Shingle
Separate Utilities: Electric; Gas; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water
Water Source: Public
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator; Oven
agency 
Listing Courtesy of Re Max Solutions
Listing Agent: Jonathan Lanahan
518-720-3400 |
518-720-3400 |
