Address
56 Catherine Street, Albany, NY
Price
$ 280,000
Property Attributes
- MLS#202414170
- TypeMulti-Family
- CountyALBANY
- CityAlbany
- AreaAlbany
- Zip12202
- StyleTownhouse
- Year Built1988
- Taxes$ 3055
- Price$ 280,000
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1980
- Lot Size1,307 SqFt
Data Source:
Global MLS (GCAR)
Property Description
***BACK ON MARKET*** Welcome to your next investment opportunity in the heart of Albany! This recently renovated duplex boasts an impressive five bedrooms and nearly 2,000 square feet of living space. Renovated in 2018, this property offers modern amenities while retaining its charming character. With a yearly income of $30,000 and a solid 7.68% cap rate, this property presents a lucrative addition to your rental portfolio. Situated just a few blocks away from the scenic Lincoln Park, tenants will enjoy the convenience of nearby green spaces and recreational activities. Whether you're a seasoned investor or diving into real estate for the first time, this duplex offers an excellent rental opportunity in a prime location.
| High School |
|---|
| Albany High School |
| Price History | |
|---|---|
| 3/27/2024 | Listed $280,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Hot Water,Natural Gas |
| Cooling | Window Unit(s) |
| Possession | At Closing |
| Exterior Features | None |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Deck |
| Architectural Style | Townhouse |
| Construction Materials | Brick |
| Year Built | 1988 |
| Tenant Pays | Hot Water,Internet,Electricity,Gas |
| View | City |
| Property SubType | Duplex |
| OwnerPays | Trash Collection |
| County | Albany |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | The property is on the left side of Catherine Street. If you pull up the road there is usually parking. You might be able to park on the left side for a short while. |
| ModificationTimestamp | 2024-04-23T18:57:48Z |
| High School | Albany |
| City | Albany |
| Buyer Agent Compensation | 0.00 |
| View Y/N | No |
| High School District | Albany |
| Lot Size Square Feet | 1306.8 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Catherine |
| Land Lease Y/N | No |
| Tax Annual Amount | 3055.08 |
| Electric Expense | 0.0 |
| Home Warranty Y/N | No |
| Fuel Expense | 0.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Albany |
| Senior Community | None |
Interior Features
| Basement | Apartment,Exterior Entry,Finished,Full,Heated,Walk-Out Access |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 1980.0 |
| Full Baths | 2 |
| Half Baths | 1 |
| Street Suffix | Street |
| Laundry Features | Upper Level,Washer Hookup |
| Total Bedrooms | 5 |
| Electric On Property Y/N | No |
| Above Grade Finished Area Source | CRS |
| Total Baths | 3 |
Exterior Features
| Fencing | Privacy,Wood,Back Yard |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Lot Size Area | 0.03 |
| Spa | No |
| Lot Dimensions | 22.2 x 68.5 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 12202
Price
Taxes
Visits
Year Built
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