$250,000
Albany, NY 12206
MLS# 202617553
Status: Contingent - Continue to Show
7 beds
1 / 17
Property Description
Excellent value-add opportunity in Albany with tons of potential. This 4-unit property is mid-renovation with demo work, framing, new electric panels and wiring and new water heaters already in place. A solid setup for investors looking to finish the project and create strong rental income or long-term equity. Convenient 1 bedrooms layouts in each unit. Located near downtown Albany, major roads, public transportation, restaurants, and local shops, making it a great option for future tenants. Bring your vision and unlock the full potential of this property. Sold As-is
Details
Maps
Contract Information
Original List Price: 250000
List Price/SqFt: 100.16
Status: Contingent - Continue to Show
Property Sub Type: Quadruplex
List Price: $250,000
Current Price: $250,000
Listing Contract Date: 2026-05-19
Location
City/Town (Mail): Albany
Street Number: 68
Street Name: Watervliet
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.677314
Geo Lon: -73.7822
Property Detail
Rooms Total: 11
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2496
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2496
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 4
Year Built: 1940
Status Change Info
Proposed Closing Date: 2026-07-20
Status Change Date: 2026-06-07
Under Contract Date: 2026-05-30
Contingent: Contingent - Continue to Show
Parcel, Tax, HOA
Parcel Number: 010100 54.77-1-9
Tax Annual Amount: 6095
Tax Section: 54.77
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 9.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Central Ave to Watervliet Ave
Public Remarks: Excellent value-add opportunity in Albany with tons of potential. This 4-unit property is mid-renovation with demo work, framing, new electric panels and wiring and new water heaters already in place. A solid setup for investors looking to finish the project and create strong rental income or long-term equity. Convenient 1 bedrooms layouts in each unit. Located near downtown Albany, major roads, public transportation, restaurants, and local shops, making it a great option for future tenants. Bring your vision and unlock the full potential of this property. Sold As-is
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 2609
General Taxes Description: Actual
School Taxes: 3486
School Taxes Description: Actual
Cooling
None: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Electric: 1
Parking Features
None: 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 4
Tenant Pays
Electricity: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Total Bedrooms: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Total Bedrooms: 1
Property Features
Architectural Style: Other
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: None
Fencing: Back Yard
Flooring: Hardwood
Foundation Details: Brick/Mortar
Heating: Electric
Parking Features: None
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Listing Courtesy of KW Platform
Listing Agent: Luke Khachadourian
518-937-3252 | lukekhachadourian@kw.com
518-937-3252 | lukekhachadourian@kw.com