Property Description
Well-maintained two-family, up/down duplex in a convenient Albany location with strong income potential. The first-floor unit features 3 bedrooms and 1 full bath and is currently rented month-to-month at $975/month, with estimated market rent of approximately $1,500/month. The second-floor unit offers 2 bedrooms and 1 full bath and is currently vacant, with projected rental income of approximately $1,400/month.
Recent improvements include a new boiler and water heater serving the first-floor unit, as well as an updated bathroom in the second-floor unit. The property offers separate utilities and hot water systems for each unit, plus two washer/dryer hookups in the basement for added tenant convenience.
Additional features include off-street parking and a former garage pad in the backyard, providing an opportunity for future garage reconstruction or additional improvements. An excellent opportunity for both investors and owner-occupants seeking rental income in a desirable Albany location.
Property Details 631 Washington Avenue, Albany, NY 12206
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