631 Washington Avenue, NY 12206

$325,000
5
BD
2
BA
2,272
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$325,000
MLS#
202619557
Style
Traditional
Bedrooms
5
Bathrooms
2
Subdivision
Select One

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.

Additional Information

Taxes
$6,659
Acres
0.09
Lot Dimensions
33 x 112
School District
Albany
Interior Features
High Speed Internet, Paddle Fan
Heating
Hot Water
Cooling
None
Exterior Features
None
Construction
Wood Siding
Roof
Slate
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Jennifer Eitleman with Gabler Realty, LLC Brokerage, 518-364-7393.

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated