541 Washington Avenue Albany, NY ^$ 274,900

541 Washington Avenue

^$ 274,900

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Recently Listed

541 Washington Avenue

Albany, NY, 12206

^$ 274,900

Bedrooms8 Baths2.0 Sq 2,244

Monthly Estimate*

^$ 1,920

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Multi-Family Home for sale in Albany, NY

for $274,900 with 8 bedrooms and 2 full baths. This 2,244 square foot home was built in 1907 on a lot size of 0.06.

Cash Flowing 8 bedroom 2 unit bringing in 48k annually. Located in a very strong rental area with great rental history. Located between both UAlbany campuses, minutes from Albany Med and downtown Albany. Can be packaged with a combination of 9 other rental properties in the near by vicinity.

Multi-Family Active

Price

^$ 274,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,515

Style

Traditional

Lot Size

0.06

Year Built

1907

Town/City

Albany

County/Region

Albany

MLS | Web ID

202416417

Features

General

Sewer Public Sewer

Heating Hot Water Zoned Natural Gas

Cooling None

Possession Subject To Tenant Rights At Closing

Roof Shingle

Exterior Features None

Garage Spaces 0.0

Patio/Porch Features Front Porch

Architectural Style Traditional

Construction Materials Wood Siding

Year Built 1907

Electric Circuit Breakers

Tenant Pays Hot Water Heat Electricity Gas

Property SubType Duplex

County Albany

Insurance Expense 1264.0

New Construction N

Property Type MultiFamily

HOA / Comm Assn N

Status Active

Directions quail street to washington ave head west house on right

High School Albany

City Albany

Buyer Agent Compensation 2.50

View Y/N N

High School District Albany

Lot Size Square Feet 2613.6

Waterfront Y/N N

Carport Y/N N

Street Name Washington

Land Lease Y/N N

Tax Annual Amount 3515.1

Home Warranty Y/N N

Water Sewer Expense 1000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://my.matterport.com/show/?m=8y2fGqerEp7

Days on Market 8

Standard Status Active

Tax Assessed Value 0

Tax Lot 61.000

Buyer Agent Compensation Type %

Interior

Basement Full

Flooring Tile Wood Hardwood

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Above Grade Finished Area 2244.0

Full Baths 2

Half Baths 0

Street Suffix Avenue

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 2

Exterior

Water Source Public

Total Parking 0.0

Lot Size Area 0.06

Spa N

Lot Size Acres 0.06

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 541

* Excluded Features

List By

Jonathan Lanahan

Listing Agent

Re/Max Solutions

Broker

(315) 749-8596

Phone

jlanahan29@gmail.com

Affordability Calculator

$2,213

Per Month

Monthly Principal & Interest: $1,920
Monthly Property Taxes: $293
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$422,010

Percent of Sale Price 54%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$274,900		Listed Price

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541 Washington Avenue, Albany, NY, 12206 is a Multi-Family Home for sale at $274,900 with 2,244 sqft and a lot size of 0.06. 541 Washington Avenue has 8 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 12206 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 5/18/2024.

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541 Washington Avenue

Multi-Family Home for sale in Albany, NY

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