705 State Street, Albany, NY 12203 (MLS# 202627426)

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Property Description
Calling all owner-occupants and investors! Nothing to do here but move in or add to your investment portfolio! Completely renovated down to the studs, this 4-bedroom, 2-full-bath Albany home offers 1,634 square feet of stylish, comfortable living space. The updated kitchen features new cabinetry, solid-surface countertops and stainless steel appliances, while both bathrooms showcase contemporary finishes and upgrades. New flooring, sheetrock, paint and lighting throughout create a fresh, modern feel. A convenient laundry nook includes a washer and dryer! Ideally located for student housing, this property offers investors an opportunity to enter the Albany rental market without the added expense of an initial renovation. With four bedrooms, the layout lends itself to shared housing, with preliminary rental estimates of approximately $750 per bedroom per month, including utilities, or $3,000 monthly and $36,000 annually at full occupancy. For owner-occupants, the flexible layout provides room for family, guests, a home office or changing needs. Outside, enjoy the fenced backyard with privacy screening and a platform deck. Whether you're looking for a move-in-ready home or an investment with excellent potential, this property is worth a look!