473 Washington Ave, Albany, NY 12206

Description

Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!