Well-kept and fully rented 2-Family with a desirable cap rate. Long term tenants in Unit 1, Unit 2 has recently been updated and had a new heating system put in. Brand new hot water tanks and boilers installed for both units. Rents can be higher to give you even more of a return. Centrally located to shops, restaurants, Washington Park, state buildings, SUNY Albany and right on the bus line.
Off market
$177,700
509 Central Ave, Albany, NY 12206
6beds
2,068sqft
MultiFamily
Built in 1927
-- sqft lot
$177,700 Zestimate®
$86/sqft
$1,579 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- High Speed Internet, Built-In Cabinets
- Flooring: Tile, Hardwood, Laminate
- Basement: Full
Interior area
- Total interior livable area: 2,068 sqft
Property
Features
- Exterior features: Shingle (Not Wood)
Lot
- Size: 2,178 sqft
Details
- Parcel number: 0101006537212
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
Materials
- Roof: Other
Condition
- Good
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Flooring: Wood, Laminate, Hardwood, Ceramic Tile
- BuildingFeatures: DSL/Cable Available
- Sewer: Public Sewer
- WaterSource: Public
- Roof: Rubber
- Appliances: Refrigerator, Range w/Oven
- ArchitecturalStyle: Two Story
- HeatingYN: true
- Heating: Natural Gas, Hot Water
- Basement: Full
- ExteriorFeatures: Fenced Yard
- PropertyCondition: Good
- ConstructionMaterials: Aluminum Siding, Shingle Siding
- WaterSewerExpense: 0
- GrossIncome: 1600
- StructureType: Multi Family
- CurrentFinancing: Cash
- InteriorFeatures: High Speed Internet, Built-In Cabinets
- FuelExpense: 0
- AboveGradeFinishedAreaSource: CRS
- RoomDiningRoomDescription: Dining Area,Dining Area