• Asking Price $250,000
  • 497 WASHINGTON AVE ALBANY, NY 12206

  • 2 Beds 1 Bath
  • Commercial / Resale (MLS)

Property Details for 497 WASHINGTON AVE, ALBANY, NY 12206

Features

  • Lot Size: 0.09 acres
  • Total Rooms: 3
  • Room List: Bedroom 1, Bedroom 2, Bathroom 1
  • Stories: 2

Facts

  • Year Built: 01/01/1930
  • Property ID: 950494751
  • MLS Number: 202420376
  • Parcel Number: 010100 65.54-4-63
  • Property Type: Commercial
  • County: Albany
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Rare opportunity for a true turnkey investment. Enjoy the best of both worlds with this mixed-use building. The property consists of both residential and commercial space. The 2nd floor unit consists of 2-bedroom 1 bathroom residential apt which is currently leased through May 2025. The first-floor unit is a local tavern. Close to SUNY Albany downtown campus, Washington park and is conveniently located on the bus line. Great opportunity to add to any portfolio! The building is cash flow positive on day one with room to grow in the future. A block away from the new UAlbany downtown campus.

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Property Brokerage: HS Capital Realty LLC P O Box 343 East Greenbush NY 12061
Copyright © 2024 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.