BEDS4
BATHS2 full
SQUARE FEET1,890
MLS#202612538
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAlbany
Property Description
Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his tenants from his surrounding properties. The laundry fluctuates anywhere from $250-$500 per month in additional income.The two residential units currently rent for $850 and $900 per month, providing immediate cash flow with significant room for growth. Both units are spacious, offering large bedrooms, generous closet space, hardwood flooring, and ceramic tiled bathrooms. The property is located in an area undergoing active redevelopment, with nearby lots being developed into brand new 2- & 3-unit buildings. This presents a strong opportunity to capitalize on the ongoing revitalization of the neighborhood. Fair market rents in ZIP code 12202 is $1,420 per unit, making this an excellent value add investment.
Property Features
Property Type: Multi Unit - Multiple
Basement: Slab, None
Cooling: None
Heating: Baseboard, Natural Gas
Home Style: Traditional
Lot Size: 0.03 Acres
Roof Type: Rubber
Taxes: $3,958
Year Built: 1890
Feature Descriptions
Days on Site: 5
Exterior: None
Exterior: Brick, Wood Siding
Fencing: None
Flooring: Carpet, Ceramic Tile, Hardwood
Foundation: Brick/Mortar, Combination, Slab
Interior: Ceramic Tile Bath
Lot: Level
Lot Dimensions: 21.2 X 60
Parcel #: 010100 76.72-2-71
Parking: None
Parking Total: 0
Patio/Porch: None
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 1890
Water: Public
Local Schools
High School: Albany
School District: Albany
Listed By / Shown By
Listing By
Agency Name: Berkshire Hathaway Home Services Blake
Agency Phone: 1 518-935-2555
Shown By
Agency Title: CKM Team Realty
Agency Phone: 518.395.2568
Estimate Your Payment
Estimated Payment
$ 807.86 per month $422.64 Principal & Interest $329.83 Property Tax $55.39 Homeowner's Insurance
143 Clinton Street | MLS# 202612538
This multi-family property located at 143 Clinton Street, Albany, NY 12202 is currently listed for sale with an asking price of $189,900. Clinton Street is located within the Albany school district. Search Albany real estate on www.ckmteamrealty.com today.