687 State Street Albany, NY ^$ 299,900

687 State Street

^$ 299,900

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687 State Street

Albany, NY, 12203

^$ 299,900

Bedrooms7 Baths2.0 Sq 2,056

Monthly Estimate*

^$ 2,095

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Multi-Family Home for sale in Albany, NY

for $299,900 with 7 bedrooms and 2 full baths. This 2,056 square foot home was built in 1905 on a lot size of 0.05.

***MULTI-OFFER SITUATION: HIGHEST & BEST DUE ON OR BY SUNDAY, APRIL 7TH BY 6PM** Situated on a well-maintained block in Albany, this charming centrally located two-family home offers an enticing blend of convenience and comfort. Boasting a total of 7 bedrooms, it presents an excellent opportunity for both homeowners and investors alike. Renovated in 2006, the property retains its modern appeal and functionality, requiring minimal maintenance for its occupants. With a monthly rental income of $3765, taxes under $4700 annually, and separate utilities, this investment promises consistent returns even in today's market. Added conveniences include washer dryer facilities in the basement, off-street parking, and a spacious backyard, enhancing the appeal for potential tenants.

Multi-Family Pending

Price

^$ 299,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,800

Style

Lot Size

0.05

Year Built

1905

Town/City

Albany

County/Region

Albany

MLS | Web ID

202414536

Features

General

Sewer Public Sewer

Heating Hot Water Natural Gas

Possession At Closing

Roof Rubber

Exterior Features None

Garage Spaces 0.0

Architectural Style Other

Construction Materials Vinyl Siding

Year Built 1905

Tenant Pays Hot Water Heat Electricity Gas

Property SubType Duplex

County Albany

New Construction N

Property Type MultiFamily

HOA / Comm Assn N

Attached Garage N

Status Pending

Buyer Financing Conventional

Directions TAKE QUAIL ST TO STATE ST BETWEEN QUAIL & ONTARIO.

High School Albany

City Albany

Buyer Agent Compensation 2.50

View Y/N N

High School District Albany

Lot Size Square Feet 2178.0

Waterfront Y/N N

Carport Y/N N

Street Name State

Land Lease Y/N N

Tax Annual Amount 4800.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 5

Standard Status Pending

Tax Assessed Value 0

Tax Lot 15.000

Buyer Agent Compensation Type %

Senior Community None

Interior

Basement Full

Flooring Tile Hardwood

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 2056.0

Full Baths 2

Half Baths 0

Street Suffix Street

Laundry Features In Basement

Total Bedrooms 7

Electric On Property Y/N N

Total Baths 2

Exterior

Parking Features Off Street

Lot Features Level

Water Source Public

Total Parking 3.0

Lot Size Area 0.05

Spa N

Lot Size Acres 0.05

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 687

* Excluded Features

List By

Neil Macbale

Listing Agent

Big Blue Realty Group,Inc

Broker

(518) 225-4201

Phone

nmacbale@hotmail.com

Affordability Calculator

$2,495

Per Month

Monthly Principal & Interest: $2,095
Monthly Property Taxes: $400
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 ^$420,585

Percent of Sale Price 40%

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
4/3/2024	$299,900		Listed Price

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687 State Street, Albany, NY, 12203 is a Multi-Family Home for sale at $299,900 with 2,056 sqft and a lot size of 0.05. 687 State Street has 7 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 12203 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 4/30/2024.

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687 State Street

Multi-Family Home for sale in Albany, NY

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