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$260,000   Price Analysis
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56 Catherine St
Albany, NY 12202
5 bed 3 bath 1,980 SqFt ($131/SqFt)
1,307SqFt lot. Built 1988
Listed 2024-03-27, Taxes $3,091
Ⓧ USDA Ineligible
due to location

near Albany

CONTEMPORARY PRICE FOR A FAST SALE Welcome to your next investment opportunity in the heart of Albany!

* Sale Pending *

This recently renovated duplex boasts an impressive five bedrooms and nearly 2, 000 square feet of living space. Renovated in 2018, this property offers modern amenities while retaining its charming character. With a yearly income of $30, 000 and a solid 7.68% cap rate, this property presents a lucrative addition to your rental portfolio.

Situated a few blocks away from the scenic Lincoln Park, tenants will enjoy the convenience of nearby green spaces and recretional activities. Whether you're a seasoned investor or diving into real estate for the first time, this duplex offers an excellent rental opportunity in a prime location.


Presented by John O'Neill-Knasick at
eXp Realty, LLC.
Listing Agent Photo

Property MLS #202414170 from GlobalMLS

Bedrooms: 5

Total Bathrooms: 2.5
Full Bathrooms: 2
1/2 Bathrooms: 1

Laundry Features: Upper Level, Washer Hookup

Basement Features: Apartment, Exterior Entry, Finished, Full, Heated, Walk-Out Access

Cooling Features: Window Unit(s)
Heating Features: Baseboard, Hot Water, Natural Gas
Heating: Yes

Fencing: Privacy, Wood, Back Yard
Patio And Porch Features: Deck

Lot Size Acres: 0.03
Lot Size Dimensions: 22.2 x 68.5
Lot Size Square Feet: 1307

View: City

High School: Albany
High School District: Albany

Giffen Memorial Elementary School is a public elementary school located approximately 0.3 miles away.
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Stephen And Harriet Myers Middle School is a public middle school located approximately 1.7 miles away.
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Albany High School is a public high school located approximately 2 miles away.
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Harriet Tubman Democratic High School is a private high school located approximately 0.1 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 3055.079999999
Source Listing Status: Pending
County: Albany
Directions: The property is on the left side of Catherine Street. If you pull up the road there is usually parking. You might be able to park on the left side for a short while.
Source Property Type: MultiFamily
Owner Pays: Trash Collection
Parcel Number: 010100 76.56-2-63
Postal City: Albany
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$60,000 + $15,000
$75,000
$3,091
2022$60,000 + $15,000
$75,000
$3,070
2021$60,000 + $15,000
$75,000
$3,055
2020$60,000 + $15,000
$75,000
$2,845
2017$60,000 + $15,000
$75,000
$920
2016$60,000 + $15,000
$75,000
$2,553
2015$60,000 + $15,000
$75,000
$576
2014$57,800 + $14,400
$72,200
$555
2014$57,800 + $14,400
$72,200
$577
2013$57,800 + $14,400
$72,200
$1,187
2012$57,800 + $14,400
$72,200
$1,162
2010$57,800 + $14,400
$72,200
$1,195

Price Changed 2024-04-29
$260,000
GlobalMLS
Listed 2024-03-27
$280,000
GlobalMLS
Sold 2021-02-02
$175,000
Public Record
Sold 2019-10-17
$171,000
GlobalMLS
Listed 2019-07-11
$159,900
GlobalMLS

Total Square Feet Living: 1980
Year Built: 1988
Above Grade Finished Area: 1980
Construction Materials: Brick
Property Age: 36
Architectural Style: Townhouse

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.