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$265,000
Listing Price6beds
2baths
1,920sqft
1,760sqft lot
500 Washington Ave, Albany, NY 12203
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
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 plannnThis 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.nnInvestment highlights include a history of strong rental income, desirable unit layouts, separate utilities (including a new high efficiency boiler), and updated bathrooms.nnnWhether 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.
Interior Details
1920
6
2
Has Heating:
Yes
Heating Type:
Hot Water
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
1760
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Other
Wood
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$879
$15,000
$8,180
--%
$23,180
2018
$881
$15,000
$8,180
--%
$23,180
2017
$875
$15,000
$8,180
--%
$23,180
2016
$854
$15,000
$8,180
--%
$23,180
2015
$1,834
$19,300
$30,700
--%
$50,000
2013
$1,789
$19,300
$30,700
--%
$50,000
2011
$3,266
$19,300
$77,400
--%
$96,700
Average Home Price in 12203
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