500 Washington Avenue, Albany, NY 12203

V-Tour
Virtual Tour View Full Photo Gallery

Property Description

Cash-flowing Pine Hills duplex has strong upside potential. Its location places tenants within close distance of UAlbany, Albany Med, neighborhood restaurants, and public transportation. The property also sits close to Townsend Park and the proposed International District, both identified as areas of importance in Albanys $200 Million revitalization planThis income producing property presents a great opportunity for investors or house-hack buyers seeking steady rental income in one of Albany's most consistent rental markets. Unit 2 is currently rented for $2000 month and Unit 1, currently vacant, has a projected rent of $1300 with room for growth.Investment highlights include a history of strong rental income, desirable unit layouts, separate utilities (including a new high efficiency boiler), and updated bathrooms.Whether you are an investor looking to expand your portfolio with a stable income-producing property, or a buyer interested in living in one unit while the other offsets your mortgage, this duplex offers both day one cash flow and long-term upside potential in a well-established rental location.

500 Washington Avenue | MLS# 202610924

This multi-family property located at 500 Washington Avenue, Albany, NY 12203 is currently listed for sale with an asking price of $265,000. Washington Avenue is located within the Albany school district. Search Albany real estate on online.cbpp.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fenced: Yes
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.04 Acres
Roof Type: Rubber
Taxes: $3,435
Year Built: 1900

Feature Descriptions

Days on Site: 71
Exterior: None
Exterior: Aluminum Siding
Fencing: Fenced
Interior: High Speed Internet, Built-in Features
Laundry: Washer Hookup
Parcel #: 010100 65.62-2-11
Sewer: Public Sewer
SQFT Above Grade Finished: 1920
Utilities: Cable Available
Water: Public

Local Schools

High School: Albany
School District: Albany

Estimate Your Payment

Estimated Payment

$ 953.32 per month $589.78 Principal & Interest $286.25 Property Tax $77.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Akoma Realty Services LLC
Agency Phone: 1 518-461-8436

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

IDX logo

Login to My Homefinder

Pixel