497 Washington Avenue
$250,000
2
1
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Description
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...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.
- Listed by Elizabeth Koprucki • HS Capital Realty LLC
Property Details for 497 Washington Avenue
Architectural Style
Other
WaterfrontNo
Parking Total1.00
LISTING UPDATED: 11/12/2024 10:23 PM
Property Details for 497 Washington Avenue
Status | Active |
---|---|
MLS # | 202420376 |
Days on Market | 132 |
Taxes | $4,792 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Duplex |
Year Built | 1910 |
Lot Size | 0.09 AC / 3,920 SF |
County | Albany County |
Building Information for 497 Washington Avenue
Stories-Residences-Year Built1910Building Size-Lot Size0.09 AC / 3,920 SF
Property Information for 497 Washington Avenue
Property History for 497 Washington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 497 Washington Avenue
Taxable ValueLand$41,800Additions$83,200Total$125,000
Home Facts
Total Finished SqFt1,924 SqFtAbove Grade Finished SqFt1,924 SqFtUnfinished Basement SqFt946 SqFtStories2Lot Size3,948 SqFtStyleOffice BuildingYear Built1930ZoningC3CountyALBANYAPN010100 65.54-4-63
Schools near 497 Washington Avenue
This home is within Albany City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Philip J Schuyler Achievement Academy PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 12 | ||
Albany High School Public9 to 12 | ||
Edmund J O'neal Middle Of Excellence Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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