501 2nd St

Albany, NY 12206
  • $145,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,540

    SqFt

About the Listing o623A - 35215,30814

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 Highlights

Status Active
Days on Site 9
Property Type Multi-Family
MLS ® 202614547
Year Built 1900
Total Square Footage 1,540
Lot/Acreage 0.07
County Albany
School District Albany
Elementary School Philip J. Schuyler Achievement
High School Albany

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor: Carpet,Laminate
  • Above Ground Sq Ft: 1540
  • Below Ground Sq Ft: 0
  • Basement: Interior Entry
  • Other: Paddle Fan
  • Water: Public

Exterior Details

  • Lot Description: Road Frontage
  • Garage Capacity: N/A
  • Lot Dimensions: 25X127.3
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $2,555
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 65.47-1-42
  • Tax Year: N/A

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501 2nd St Albany, NY 12206

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Originating MLS: Global MLS

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