322 Western Avenue
322 Western Avenue
Albany, NY 12203
$285,000
Price
8
Beds
2
Baths
2,264 Sq. Ft.
$126 / Sq. Ft.
2,264
Sq. Ft.
$126
per Sq. Ft.
Pending
Pending
Description
Solid investment property. In a prime rental location. This property can be a true Cash cow. It has 8 bedrooms and 4 full bathrooms and has been used as a room rental. The numbers on this property are incredible and can bring in over $45,000 a year in rental income. Located a few buildings down from Saint Rose College and across from the SUNY Albany campus, it's easy to room rent and operate. It can be sold together as a package with the neighbor property located at 324 Western Ave., and 316 Western...Solid investment property. In a prime rental location. This property can be a true Cash cow. It has 8 bedrooms and 4 full bathrooms and has been used as a room rental. The numbers on this property are incredible and can bring in over $45,000 a year in rental income. Located a few buildings down from Saint Rose College and across from the SUNY Albany campus, it's easy to room rent and operate. It can be sold together as a package with the neighbor property located at 324 Western Ave., and 316 Western Ave. Which is also owned by the same investors and on the market. The property offers off street parking, fully furnished, many newer updates including newer kitchen with quartz and new appliances. One unit kept vacant and easy to show.
- Listed by Steven J Sbardella • 518 Realty.Com Inc
Property Details for 322 Western Avenue
Zoning
Multi Residence
WaterfrontNo
Parking Total5.00
Location
Listing Courtesy of 518 Realty.Com Inc
Add your commute
LISTING UPDATED: 04/15/2024 08:39 AM
Property Details for 322 Western Avenue
| Status | Pending |
|---|---|
| MLS # | 202326926 |
| Days on Market | 1 |
| Taxes | $7,924 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Duplex |
| Year Built | 1984 |
| Lot Size | 0.06 AC / 2,613 SF |
| County | Albany County |
Location
Listing Courtesy of 518 Realty.Com Inc
Add your commute
Building Information for 322 Western Avenue
Stories-Residences-Year Built1984Building Size-Lot Size0.06 AC / 2,613 SF
Payment Calculator
$2,216 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,555
Property Taxes
$660
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 322 Western Avenue
Summary
Location and General Information
- Postal City: Albany
- Directions: Western Ave in Albany up the street from St. Rose College
- City: Albany
- State Or Province: NY
- Postal Code: 12203
- County Or Parish: Albany
- Latitude: 42.66
- Longitude: -73.78
Taxes and HOA
- Association Fee: $.00
- Association: No
- Tax Lot: 8.000
- Tax Block: 2
- Parcel Number: 010100 65.61-2-8
- Tax Tract: 65.61
- Tax Annual Amount: $7,923.58
Parking
- GarageSpaces: .00
- Attached Garage: No
- Parking Features: Off Street, Paved, Detached, Driveway
School Information
- School District: Albany
- High School: Albany
Property
Property and Assessments
- Possession: At Closing
- Documents Available: LNF
- Property Type: MultiFamily
- Property Type Label: MultiFamily
Lot Information
- Lot Features: Level
- Year Built: 1984
- Lot Size Dimensions: 22.5x100
- Above Grade Finished Area: 2264.0
- Above Grade Finished Area Source: CRS
- Lot Size Acres: 0.06
- Lot Size Area: 0.06
- Lot Size Units: Acres
- Lot Size Square Feet: 2613.6
Building Information
- Living Area: 2264.0
- Duplex Type : Up And Down: Yes
Utilities
- Water Source: Public
- Utilities: Cable Available
- Separate Utilities : Water Heater: Yes
- Separate Utilities : Water Meter: Yes
- Separate Utilities : Number Of Separate Electric Meters: 2
Interior and Exterior Features
Exterior Features
- Patio And Porch Features: Porch, Deck, Front Porch
- Exterior Features: None
- Fencing: None
- Laundry Features: Laundry Closet
Interior Features
- Interior Features: Solid Surface Counters, High Speed Internet, Ceramic Tile Bath
- Heating: Baseboard, Electric
- Roof: Rubber, Built-Up
- Flooring: Vinyl, Bamboo, Carpet, Ceramic Tile
- Electric: True
- Basement: Unfinished
- Construction Materials: Vinyl Siding
- Cooling: None
- Foundation Details: Block
- Cooling: No
- Heating: Yes
- Attic Features : Hatch: Yes
Room Information
Bathrooms
- Bathrooms Total Integer: 2
- Bathrooms Total Decimal: 2.00
- Bathrooms Total Notational: 2.00
- Bedrooms Total: 8
- Bathrooms Full: 2
- Bathrooms Half: 0
Multi Family
Income & Expenses Information
- Electric Expense: $5,856.00
- Insurance Expense: $1,400.00
- Maintenance Expense: $4,000.00
- Water Sewer Expense: $680.00
- Fuel Expense: $.00
- Income And Expenses : Rental Income: $45,360.00
- Income And Expenses : Rental Income Description: Estimated
- Income And Expenses : Electric Expense: $5,856.00
- Income And Expenses : Electric Expense Description: Estimated
- Income And Expenses : Gas Expense: $.00
- Income And Expenses : Insurance Expense: $1,400.00
- Income And Expenses : Insurance Expense Description: Estimated
- Income And Expenses : Miscellaneous Expense: $2,000.00
- Income And Expenses : Maintenance Expense: $4,000.00
- Income And Expenses : Water Sewer Expense: $680.00
- Income And Expenses : Water Sewer Expense Desc: Estimated
Unit Information
Unit 1
- Unit Detail : Total Bedrooms: 4
- Unit Detail : Bedrooms on 1st Floor: 4
- Unit Detail : Total Full Baths: 2
- Unit Detail : Full Baths 1st Floor: 2
- Unit Detail : Kitchens 1st Floor: 1
- Unit Appliances : Range: Yes
- Unit Appliances : Refrigerator: Yes
Unit 2
- Rent: $2,200.00
- Multi-Family Unit Detail : Total Half Baths: 0
- Unit Detail : Total Bedrooms: 4
- Unit Detail : Bedrooms In Basement: 0
- Unit Detail : Bedrooms on 1st Floor: 0
- Unit Detail : Bedrooms on 2nd Floor: 4
- Unit Detail : Bedrooms on 3rd Floor: 0
- Unit Detail : Total Full Baths: 2
- Unit Detail : Full Baths In Basement: 0
- Unit Detail : Full Baths 1st Floor: 0
- Unit Detail : Full Baths 2nd Floor: 2
- Unit Detail : Full Baths 3rd Floor: 0
- Unit Detail : Partial Baths In Basement: 0
- Unit Detail : Partial Baths 1st Floor: 0
- Unit Detail : Partial Baths 2nd Floor: 0
- Unit Detail : Partial Baths 3rd Floor: 0
- Unit Detail : Dining Rooms In Basement: 0
- Unit Detail : Dining Rooms 1st Floor: 0
- Unit Detail : Dining Rooms 2nd Floor: 0
- Unit Detail : Dining Rooms 3rd Floor: 0
- Unit Detail : Kitchens In Basement: 0
- Unit Detail : Kitchens 1st Floor: 0
- Unit Detail : Kitchens 2nd Floor: 1
- Unit Detail : Kitchens 3rd Floor: 0
- Unit Detail : Living Rooms In Basement: 0
- Unit Detail : Living Rooms 1st Floor: 0
- Unit Detail : Living Rooms 2nd Floor: 0
- Unit Detail : Living Rooms 3rd Floor: 0
- Unit Detail : Other Rooms In Basement: 0
- Unit Detail : Other Rooms 1st Floor: 0
- Unit Detail : Other Rooms 2nd Floor: 1
- Unit Detail : Other Rooms 3rd Floor: 0
- Unit Appliances : Range: Yes
- Unit Appliances : Refrigerator: Yes
Unit 3
- Unit Dining Room Type : None: Yes
Rental
Rental Information
- Land Lease: No
- Tenant Pays: Hot Water
- Owner Pays: Trash Collection, Sewer, Snow Removal, Water, Electricity, Grounds Care, Heat
Property History for 322 Western Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 322 Western Avenue
Taxable ValueLand$40,400Additions$161,600Total$202,000
Home Facts
Baths2Total Finished SqFt2,264 SqFtAbove Grade Finished SqFt2,264 SqFtStories2Lot Size2,392 SqFtStyleDuplexYear Built1989ZoningR2BCountyALBANYAPN010100 65.61-2-8
Schools near 322 Western Avenue
This home is within Albany City School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Pine Hills Elementary School PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 8 | ||
Albany High School Public9 to 12 | ||
Edmund J O'neal Middle Of Excellence Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of 518 Realty.Com Inc
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