Bought with Jonathan Lanahan • RE/MAX Solutions
$299,000
$299,000
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15 N Lake Avenue Albany, NY 12203
8 Beds
4 Baths
3,049 Sqft Lot
Key Details
Sold Price $299,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202424477
Sold Date 11/25/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Originating Board Global MLS
Year Built 1900
Annual Tax Amount $4,665
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
Seize this fantastic opportunity to own a profitable, two-family property in a prime Albany location. This well-maintained property boasts two spacious units, each offering 4 beds and 2 full baths. With an impressive potential rental income exceeding $57,000 annually, this property promises strong returns. To top it off, the detached 3-car garage provides additional income potential, a perfect bonus for investors looking to maximize earnings. The first-floor unit is fully rented by the room with reliable tenants. The second-floor unit is strategically left with vacancies, with one room occupied, to allow for convenient showings. With many updates over the years and current ROPs, this property is ready for the next owner to step in and start earning.
Location
State NY
County Albany
Direction Continue on I-87 S to Albany. Take exit 2 from I-90;Follow Washington Ave to N Lake Ave.
Interior
Interior Features Other
Heating Hot Water
Exterior
Garage Spaces 3.0
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Albany
Others
Tax ID 010100 65.62-2-61
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