631 Washington Avenue, Albany, NY 12206

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Property Description

Well-maintained two-family, up/down duplex in a convenient Albany location with strong income potential. The first-floor unit features 3 bedrooms and 1 full bath and is currently rented month-to-month at $975/month, with estimated market rent of approximately $1,500/month. The second-floor unit offers 2 bedrooms and 1 full bath and is currently vacant, with projected rental income of approximately $1,400/month.Recent improvements include a new boiler and water heater serving the first-floor unit, as well as an updated bathroom in the second-floor unit. The property offers separate utilities and hot water systems for each unit, plus two washer/dryer hookups in the basement for added tenant convenience.Additional features include off-street parking and a former garage pad in the backyard, providing an opportunity for future garage reconstruction or additional improvements. An excellent opportunity for both investors and owner-occupants seeking rental income in a desirable Albany location.

631 Washington Avenue | MLS# 202619557

This multi-family property located at 631 Washington Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $325,000. Washington Avenue 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: Yes
Basement: Full
Cooling: None
Heating: Hot Water, Natural Gas
Home Style: Traditional
Lot Size: 0.09 Acres
Roof Type: Slate
Taxes: $6,659
Year Built: 1900

Feature Descriptions

Days on Site: 1
Equipment: Other
Exterior: Wood Siding
Exterior: None
Flooring: Vinyl, Carpet, Hardwood
Foundation: Block, Combination
Interior: Paddle Fan, High Speed Internet
Laundry: In Basement
Lot Dimensions: 33 x 112
Parcel #: 010100 65.45-3-31
Parking: Off Street, Driveway
Parking Total: 3
Parking Total: 3
Patio/Porch: Porch, Rear Porch, Covered, Deck, Front Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
Special View Info: City
SQFT Above Grade Finished: 2272
Utilities: Cable Connected
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 1,373.02 per month $723.31 Principal & Interest $554.92 Property Tax $94.79 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Gabler Realty, LLC
Agency Phone: 1 518-935-4800

Shown By

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

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