Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028.Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher
Listing By
Agency Name: Berkshire Hathaway HomeServices Blake, REALTORS
Agency Phone: 1 518-371-8040
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimated Payment
$ 577.83 per month $322.71 Principal & Interest $212.83 Property Tax $42.29 Homeowner's Insurance
501 2nd Street | MLS# 202614547
This multi-family property located at 501 2nd Street, Albany, NY 12206 is currently listed for sale with an asking price of $145,000. 2nd Street is located within the Albany school district. Search Albany real estate on www.newyorkcliftonparkhomes.com today.