How much does the home at 501 2nd Street cost?

The 3-bedroom, 2-bathroom residential multi family at 501 2nd Street in Albany, NY is listed for $145,000 ($94/sqft). The estimated monthly payment is $628 based on 20% down payment at 6.5% interest rate.

What features does 501 2nd Street have?

Key features include: Built in 1900, 0.07 acre lot. Interior features: Paddle Fan. The property offers 3 bedrooms, 2 bathrooms, and 1,540 square feet of living space.

Who is the listing agent for 501 2nd Street?

This property is listed by Natalie Pinkham of Berkshire Hathaway HomeServices Blake, REALTORS. Contact at 5188781152. Email: realtornataliepinkham@gmail.com.

501 2nd Street, Albany, NY 12206 | $145,000

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About This Home

This 3-bedroom, 2-bathroom residential multi family at 501 2nd Street in Albany, NY is listed for $145,000 ($94 per sqft). Built in 1900, the home offers 1,540 sqft of living space on a 0.07 acres lot.

Agent Description

Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income!

The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment.

Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028. Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher

Key Features

Built in 1900
0.07 acre lot

Property Details

2 full

1900

Amenities

A/C

Monthly Cost Estimate

$775/mo

20% down · 6.5% · 30 years

Principal$105

Interest$628

Insurance$42

Estimates only. Actual payments may vary.

Location

501 2nd Street

Albany, NY 12206

Features & Amenities

Interior Features

Paddle Fan

Property Details

Flooring

LaminateCarpet

Construction

Aluminum Siding

Pool Features

Porch

Parking

Off Street

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 501 2nd Street is listed at $145,000 ($94/sqft). The estimated monthly payment is $628 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot. Interior Features: Paddle Fan.

This property is listed by Natalie Pinkham and can be reached at 5188781152 or realtornataliepinkham@gmail.com.