143 Clinton Street, Albany, NY 12202

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Property Description

Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his tenants from his surrounding properties. The laundry fluctuates anywhere from $250-$500 per month in additional income.The two residential units currently rent for $850 and $900 per month, providing immediate cash flow with significant room for growth. Both units are spacious, offering large bedrooms, generous closet space, hardwood flooring, and ceramic tiled bathrooms. The property is located in an area undergoing active redevelopment, with nearby lots being developed into brand new 2- & 3-unit buildings. This presents a strong opportunity to capitalize on the ongoing revitalization of the neighborhood. Fair market rents in ZIP code 12202 is $1,420 per unit, making this an excellent value add investment.

143 Clinton Street | MLS# 202612538

This multi-family property located at 143 Clinton Street, Albany, NY 12202 is currently listed for sale with an asking price of $189,900. Clinton Street is located within the Albany school district. Search Albany real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Slab, None
Cooling: None
Heating: Baseboard, Natural Gas
Home Style: Traditional
Lot Size: 0.03 Acres
Roof Type: Rubber
Taxes: $3,958
Year Built: 1890

Feature Descriptions

Days on Site: 4
Exterior: None
Exterior: Brick, Wood Siding
Fencing: None
Flooring: Carpet, Ceramic Tile, Hardwood
Foundation: Brick/Mortar, Combination, Slab
Interior: Ceramic Tile Bath
Lot: Level
Lot Dimensions: 21.2 X 60
Parcel #: 010100 76.72-2-71
Parking: None
Parking Total: 0
Patio/Porch: None
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 1890
Water: Public

Local Schools

High School: Albany
School District: Albany

Estimate Your Payment

Estimated Payment

$ 807.86 per month $422.64 Principal & Interest $329.83 Property Tax $55.39 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Berkshire Hathaway Home Services Blake
Agency Phone: 1 518-935-2555

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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