$187,000
Albany, NY 12206
MLS# 202529333
Status: Closed
4 beds
1 / 35
Property Description
MULTIPLE OFFER DEADLINE SATURDAY 11/15 AT 3PM Looking for an investment property? This over under duplex offers a 10 Cap with the stability of long-term tenants - upstairs has been there for 30 years and downstairs has been there for 10 years - and a net operating income of $15k per year and has been lovingly maintained. Conveniently located just walking distance to the U Albany downtown campus, Washington Park and Lark St. Each unit offers separate utilities, 2 bedrooms, an eat in kitchen, large living room and laundry in the unit. Rents are set to increase to $815 per month in Jan. Additional features include exposed beams in the 2nd flr unit, gorgeous woodwork and new laminate flooring and beautiful wood flooring in the 1st floor unit. The rubber roof was just coated with Henry aluminum coating with a 7 year warranty, the front porch and rear stairs are new, and the hot water tanks are newer. If you're looking for a solid investment opportunity in Albany your search is over!
Details
Maps
Contract Information
Original List Price: 149900
List Price/SqFt: 85.17
Status: Closed
Property Sub Type: Duplex
Sold Price: $187,000
Current Price: $187,000
Listing Contract Date: 2025-11-10
Location
City/Town (Mail): Albany
Street Number: 97
Street Name: West
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.664342
Geo Lon: -73.773778
Property Detail
Rooms Total: 8
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 1760
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 1760
Lot Size Acres: 0.03
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1907
Status Change Info
Sold Price/SqFt: 106.25
Status Change Date: 2025-12-12
Under Contract Date: 2025-11-16
Sold Date: 2025-12-10
Sold Price: $187,000
Parcel, Tax, HOA
Parcel Number: 010100 65.54-4-37
Tax Annual Amount: 4216
Tax Section: 65.54
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 37.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Washington Ave to N Lake Ave, left onto West St, house is on the right
Public Remarks: MULTIPLE OFFER DEADLINE SATURDAY 11/15 AT 3PM Looking for an investment property? This over under duplex offers a 10 Cap with the stability of long-term tenants - upstairs has been there for 30 years and downstairs has been there for 10 years - and a net operating income of $15k per year and has been lovingly maintained. Conveniently located just walking distance to the U Albany downtown campus, Washington Park and Lark St.
Each unit offers separate utilities, 2 bedrooms, an eat in kitchen, large living room and laundry in the unit. Rents are set to increase to $815 per month in Jan. Additional features include exposed beams in the 2nd flr unit, gorgeous woodwork and new laminate flooring and beautiful wood flooring in the 1st floor unit. The rubber roof was just coated with Henry aluminum coating with a 7 year warranty, the front porch and rear stairs are new, and the hot water tanks are newer. If you're looking for a solid investment opportunity in Albany your search is over!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Circuit Breakers: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 1822.77
General Taxes Description: Estimated
School Taxes: 2393.11
School Taxes Description: Estimated
Basement
Exterior Entry: 1
Full: 1
Interior Entry: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Level: 1
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Laminate: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Baseboard: 1
Electric: 1
Interior Features
Cathedral Ceiling(s): 1
High Speed Internet: 1
Paddle Fan: 1
Laundry Features
In Bathroom: 1
Main Level: 1
Upper Level: 1
Parking Features
Parking Total: 0
Owner Pays
Sewer: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Snow Removal: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 795
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 795
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Washer Hookup: 1
Unit 1 Detail
Rent: 795
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 4
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 795
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 4
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 1 Amenities
Cable Available: 1
High Speed Internet: 1
Unit 2 Amenities
Cable Available: 1
Cathedral Ceiling(s): 1
High Speed Internet: 1
Property Features
Architectural Style: Traditional
Basement: Exterior Entry; Full; Interior Entry; Walk-Out Access
Construction Materials: Aluminum Siding
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Fencing: Back Yard
Flooring: Laminate; Wood
Foundation Details: Brick/Mortar
Heating: Baseboard
Interior Features: Cathedral Ceiling(s); High Speed Internet; Paddle Fan
Laundry Features: In Bathroom; Main Level; Upper Level
Levels: Two
Lot Features: Level
Owner Pays: Sewer; Water
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet; Snow Removal
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Water
Unit 1 Amenities: Cable Available; High Speed Internet
Unit 2 Owner Furnish Features: Sewer; Water
Unit 2 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Washer Hookup
Unit 2 Amenities: Cable Available; Cathedral Ceiling(s); High Speed Internet
Listing Courtesy of Gabler Realty, LLC
Listing Agent: Rebecca L Cavalieri
518-210-4916 | Rebecca@GablerRealty.com
518-210-4916 | Rebecca@GablerRealty.com
