For Sale

Listed by Lisa Patentreger from Howard Hanna

Source: Global MLS #202619937

587 Washington Ave, Albany, NY, 12206

$315,000

6
2
1
2438 sq. ft.
3484.8 sq. ft.

Duplex

•

30+ days on the market

What's around 587 Washington Ave

About this property

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!

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