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$274,900   Price Analysis
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541 Washington Ave
Albany, NY 12206
8 bed 2 bath 2,244 SqFt ($122/SqFt)
2,614SqFt lot. Built 1907
Listed 2024-05-02, Taxes $3,557
Ⓧ USDA Ineligible
due to location

near Albany

Cash Flowing 8 bedroom 2 unit bringing in 48k annually.

* Sale Pending *

Located in a strong rental area wth tremendous rental history. Located between both UAlbany ca mpuses, minutes from Albany Med and downtown Albany.

Can be packaged with a combination of 9 other rental properties in the near by vicinity.


Presented by Jonathan Lanahan at
RE/MAX Solutions.
Listing Agent Photo

Property MLS #202416417 from GlobalMLS

Bedrooms: 8

Total Bathrooms: 2
Full Bathrooms: 2

Basement Features: Full

Heating Features: Hot Water, Zoned, Natural Gas
Heating: Yes

Flooring: Tile, Wood, Hardwood

Patio And Porch Features: Front Porch

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

High School: Albany
High School District: Albany

Philip J Schuyler Achievement Academy is a public elementary school located approximately 0.3 miles away.
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Albany High School is a public high school located approximately 0.4 miles away.
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Stephen And Harriet Myers Middle School is a public middle school located approximately 1.8 miles away.
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Lasalle School is a private middle and high school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 3515.099999999
Source Listing Status: Pending
County: Albany
Directions: quail street to washington ave, head west, house on right
Source Property Type: MultiFamily
Owner Pays: Trash Collection, Sewer, Water, Grounds Care
Parcel Number: 010100 65.54-2-61
Postal City: Albany
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$69,600 + $17,400
$87,000
$3,557
2022$69,600 + $17,400
$87,000
$3,533
2021$69,600 + $17,400
$87,000
$3,515
2020$69,600 + $17,400
$87,000
$3,300
2017$69,600 + $17,400
$87,000
$3,528
2016$69,600 + $17,400
$87,000
$3,208
2015$69,600 + $17,400
$87,000
$3,118
2014$55,400 + $29,600
$85,000
$3,036
2014$55,400 + $29,600
$85,000
$3,148
2013$55,400 + $29,600
$85,000
$3,287
2012$55,400 + $29,600
$85,000
$3,219
2010$55,400 + $29,600
$85,000
$3,903

Listed 2024-05-02
$274,900
GlobalMLS
Sold 2010-07-29
$70,000
Public Record
Sold 2004-10-13
$111,300
Public Record

Total Square Feet Living: 2244
Year Built: 1907
Above Grade Finished Area: 2244
Construction Materials: Wood Siding
Property Age: 117
Roof: Shingle
Architectural Style: Traditional

Electric: Circuit Breakers
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.