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Listed by Leon Levy • Berkshire Hathaway Home Services Blake

$179,900

Est. payment - /mo

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4 Beds

2 Baths

1,890 SqFt

Active

143 Clinton Street Albany, NY 12202

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $95

MLS Listing ID 202612538

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1890

Annual Tax Amount $3,958

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 21.2 X 60

Property Sub-Type Duplex

Source Global MLS

Property Description

Financing can be conventional residential for this building (does not have to be commercial). Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his tenants from his surrounding properties. The laundry fluctuates anywhere from $250-$500 per month in additional income.
The two residential units currently rent for $850 and $900 per month, providing immediate cash flow with significant room for growth. Both units are spacious, offering large bedrooms, generous closet space, hardwood flooring, and ceramic tiled bathrooms. The property is located in an area undergoing active redevelopment, with nearby lots being developed into brand new 2- & 3-unit buildings. This presents a strong opportunity to capitalize on the ongoing revitalization of the neighborhood. Fair market rents in ZIP code 12202 is $1,420 per unit, making this an excellent value add investment.

Location

State NY

County Albany

Direction Delaware Avenue to Second Avenue to Clinton St (NOT CLINTON AVE!)

Interior

Interior Features Ceramic Tile Bath

Heating Baseboard, Natural Gas

Flooring Carpet, Ceramic Tile, Hardwood

Exterior

Exterior Feature None

Parking Features None

Roof Type Rubber

Porch None

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Albany

Others

Tax ID 010100 76.72-2-71

Special Listing Condition Standard

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David Zuccaro

Broker | License ID: 10491210184

+1(518) 629-5897