For more information regarding the value of a property, please contact us for a free consultation.
490 Yates ST Albany, NY 12208
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $170,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,065 sqft
Price per Sqft $82
MLS Listing ID KEYL3462684
Sold Date 07/19/23
Bedrooms 6
Full Baths 2
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1920
Annual Tax Amount $1,765
Lot Dimensions 2613
Property Sub-Type Duplex
Property Description
Welcome to your next investment opportunity! This amazing home has been a prime college rental for over 15 years, consistently renting to students from Saint Rose and SUNY Albany. The property will be delivered vacant, making it a perfect opportunity for a new owner to take over and start earning rental income right away. Each flat offers three spacious bedrooms, which have been rented out individually for $450 per room per student. With a total of six bedrooms, the potential rental income is a staggering $2,700 per month. Imagine the possibilities! The exterior is low-maintenance with no driveway and a small yard, making upkeep even easier. Located just a short distance from Saint Rose, this property is perfectly situated for students looking for a convenient and comfortable living space. The second floor was recently updated in 2021, so you can rest assured that this property is in excellent condition. But the best part? The property has super low taxes and gas heat, making it an even more attractive investment opportunity. Don't miss out on this amazing investment opportunity that has a proven track record of success. Schedule your appointment today and start earning rental income tomorrow! First floor does need some renovation, price reduction reflects that! Great Value add opportunity
Location
State NY
County Out Of Area
Rooms
Basement Full
Interior
Heating Baseboard, Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features None, Private
Private Pool No
Building
Water Public
Level or Stories Two
Structure Type Frame,Vinyl Siding
New Construction No
Schools
Elementary Schools New Scotland Elementary School
Middle Schools William S Hackett Middle School
High Schools Albany High School
School District Albany
Others
Senior Community No
Special Listing Condition None
Read Less
Bought with Frontline Realty Group LLC