$285,000
Albany, NY 12206
MLS# 202416420
Status: Closed
8 beds
1 / 12
Property Description
Cash Flowing 2 family with 8 bedrooms with a rent roll of 4200 per month. Recently upgraded with great rental history. Located on public transportation routes and between both UAlbany campuses. Minutes from downtown Albany and Albany Medical. Can be packaged with 9 other nearby rental properties.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 299900
Sold Price: $285,000
Current Price: $285,000
Listing Contract Date: 2024-05-02
List Price/SqFt: 119.67
Location
Street Number: 573
Street Name: Washington
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.665735
Geo Lon: -73.778257
Property Detail
Rooms Total: 14
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1924
Above Grade Finished Area: 2506
Living Area: 2506
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2024-08-13
Under Contract Date: 2024-06-10
Sold Date: 2024-07-25
Sold Price: $285,000
Sold Price/SqFt: 113.73
Financial Details
General Taxes: 2074
General Taxes Description: Actual
School Taxes: 2835
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Income And Expenses
Rental Income: 3400
Rental Income Description: Actual
Total Income: 43200
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 Dryers: 1
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: fl 1
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
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
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1900
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: Full
Basement: Full
Construction Materials: Wood Siding
Cooling: None
Electric: Circuit Breakers
Exterior Features: None
Flooring: Tile; Wood
Heating: Hot Water; Natural Gas
Interior Features: Built-in Features; Ceramic Tile Bath; Stone Countertops
Laundry Features: In Basement
Levels: Two
Listing Terms: Cash
Lot Features: Cleared; Level
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 |
