587 Washington Ave

Albany NY 12206

2438 sq. ft.

3484.8 sq. ft.

Duplex

Currently for sale - view listing

Overview

Sunlight and beautiful hardwood floors highlight this ideally located, recently updated Albany duplex! Each spacious unit offers 3 bedrooms and 1 full bath, with separate tenant-paid utilities. Unit 1 is leased at $1,600 per month, providing immediate rental income, while beautifully updated Unit 2 is vacant and ready for an owner-occupant or new tenant, with estimated rental potential of $1,700 per month. Together, the units offer projected annual gross rental income of $39,600. A brand-new sewer line extending to the city connection represents a significant investment already made by the seller. Public water and sewer, off-street parking, and convenient access to downtown Albany, colleges, hospitals, shopping, dining, and major commuter routes add to the appeal. An excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income!

Features

6 bedrooms

2 bathrooms

1 carspace

2438 sq. ft. floor area

3484.8 sq. ft. lot size

Duplex

Property history for 587 Washington Ave

2018

Sold

$165,000

29 May 2018 by Tracy Chenette, of Coldwell Banker Prime Prop.

Happy sellers in Albany

We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.