Albany, NY 12208,490 Yates ST
$170,000
$180,000
5.6%
Est.Price: ?

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6 BD
2 BA
2,065 SqFt

490 Yates ST Albany, NY 12208

Est. payment /mo
SOLD DATE : 07/19/2023

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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

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Listed by Frontline Realty Group LLC
Bought with Frontline Realty Group LLC

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agent

Jorge Gonzalez

Real Estate Broker & Owner | License ID: 10311209500

+1(516) 514-0040

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