501 2nd Street, Albany, NY 12206

$145,000
  • 501 2nd Street, Albany, NY 12206 Main Photo
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Active
BEDS3 BATHS2 full SQUARE FEET1,540 MLS#202614547
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLAlbany

Property Description

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

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.07 Acres
Taxes: $2,554
Year Built: 1900

Feature Descriptions

Days on Site: 9
Exterior: None
Exterior: Other
Fencing: Back Yard
Flooring: Carpet, Laminate
Foundation: Brick/Mortar
Interior: Paddle Fan
Laundry: Common Area, Electric Dryer Hookup, Main Level, Washer Hookup
Lot: Road Frontage
Lot Dimensions: 25X127.3
Parcel #: 010100 65.47-1-42
Parking: Off Street
Patio/Porch: Rear Porch, Covered, Enclosed
Security: Fire Alarm
Sewer: Public Sewer
SQFT Above Grade Finished: 1540
Water: Public
Windows: Wood Frames

Local Schools

High School: Albany
Elementary School: Philip J. Schuyler Achievement
School District: Albany

Listed By / Shown By

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

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Estimated Payment

$ 577.83 per month $322.71 Principal & Interest $212.83 Property Tax $42.29 Homeowner's Insurance

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