508 Yates Street

Albany, NY 12208

$229,900
Price
6
Beds
2
Baths
1,740 Sq. Ft.
$132 / Sq. Ft.
1,740
Sq. Ft.
$132
per Sq. Ft.

Description

Cash Flowing 2 family located in a strong rental area. Great rental history. Updates throughout, One unit can be delivered vacant at time of closing if purchaser decides to owner occupy.Cash Flowing 2 family located in a strong rental area. Great rental history. Updates throughout, One unit can be delivered vacant at time of closing if purchaser decides to owner occupy.
  1. Listed by David M Schrepper • RE/MAX Solutions
  2. Listed by Jonathan Lanahan • RE/MAX Solutions

Property Details for 508 Yates Street

Architectural Style
Traditional
Waterfront
No
Parking Total
.00
LISTING UPDATED: 11/22/2024 03:28 PM

Property Details for 508 Yates Street

StatusActive
MLS #202429551
Days on Market35
Taxes$4,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1870
Lot Size0.06 AC / 2,613 SF
CountyAlbany County

Building Information for 508 Yates Street

Stories-Residences-Year Built1870Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 508 Yates Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Quail St to yates
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12208
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 38
  • Tax Block: 1
  • Parcel Number: 010100 64.76-1-38
  • Tax Tract: 64.76
  • Tax Annual Amount: $4,003.00
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: None
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level
  • Year Built: 1870
  • Lot Size Dimensions: 25x104.5
  • Above Grade Finished Area: 1740.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Agent
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2613.6
Building Information
  • Living Area: 1740.0
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Water Heater: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 2
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Patio And Porch Features: Porch, Enclosed
  • Exterior Features: None
Interior Features
  • Heating: Forced Air, Natural Gas
  • Roof: Built-Up
  • Flooring: Vinyl, Tile, Wood
  • Electric: Circuit Breakers
  • Basement: Full, Partial
  • Construction Materials: Aluminum Siding
  • Heating: Yes
  • Attic Features : Hatch: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Unit Information : Number Of Dryers: 1
  • Unit Information : Number Of Refrigerators: 2
  • Unit Information : Number Of Stoves: 2
  • Unit Information : Number Of Washers: 1
Income & Expenses Information
  • Insurance Expense: $1,134.00
  • Maintenance Expense: $2,000.00
  • Water Sewer Expense: $1,000.00
  • Income And Expenses : Rental Income: $2,670.00
  • Income And Expenses : Rental Income Description: Estimated
  • Income And Expenses : Total Income: $32,000.00
  • Income And Expenses : Total Income Description: annual
  • Income And Expenses : Insurance Expense: $1,134.00
  • Income And Expenses : Insurance Expense Description: Actual
  • Income And Expenses : Maintenance Expense: $2,000.00
  • Income And Expenses : Water Sewer Expense: $1,000.00
  • Income And Expenses : Water Sewer Expense Desc: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 1st Floor: 3
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Owner Furnish Features : Maintenance Grounds: Yes
  • Unit Owner Furnish Features : Management: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 2
  • Rent: $1,300.00
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 2nd Floor: 3
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
Rental
Rental Information
  • Tenant Pays: Heat, Electricity, Gas

Property History for 508 Yates Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 508 Yates Street

Taxable ValueLand$19,400Additions$77,600Total$97,000
Home Facts
Baths2Total Finished SqFt1,740 SqFtAbove Grade Finished SqFt1,740 SqFtStories2Lot Size2,600 SqFtStyleDuplexYear Built1870ZoningC1CountyALBANYAPN010100 64.76-1-38

Schools near 508 Yates Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
New Scotland Elementary School
PublicPK to 5

William S Hackett Middle School
Public6 to 8

Albany High School
Public9 to 12

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.

Similar Homes

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508 Yates Street is a multi-family home for sale in Albany, NY 12208. This property was listed for sale on November 21, 2024 by RE/MAX Solutions, it's currently listed at $229,900. It has been on the market for a total of 35 days and was last sold on November 9, 2006. This listing's school district is Albany City School District. Nearby schools include New Scotland Elementary School, William S Hackett Middle School and Albany High School. 508 Yates Street is a 6-bed, 2-bath, 1,740 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Solutions

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