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497 Washington Avenue, Albany, NY 12206

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For Sale

$229,900

2 beds • 1 baths • 1,924 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $119.49
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Rare opportunity for a true turnkey investment. Enjoy the best of both worlds with this mixed-use building. The property consists of both residential and commercial space. The 2nd floor unit consists of 2-bedroom 1 bathroom residential apt which is currently leased through May 2025. The first-floor unit is a local tavern. Close to SUNY Albany downtown campus, Washington park and is conveniently located on the bus line. Great opportunity to add to any portfolio! The building is cash flow positive on day one with room to grow in the future. A block away from the new UAlbany downtown campus.
MLS# 202430930

Courtesy Of HS Capital Realty LLC

(518) 729-8278

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding, Brick
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 497 Washington Avenue, Albany, NY 12206

Home seller CENTURY 21 Rural Estates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Rural Estates

(518) 895-2902
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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