56 Catherine Street

Albany, NY 12202

$280,000
Price
5
Beds
2
Baths
1
1/2 Bath
1,980 Sq. Ft.
$141 / Sq. Ft.
1,980
Sq. Ft.
$141
per Sq. Ft.

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...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.
  1. Listed by John O'Neill-Knasick • eXp Realty, LLC

Property Details for 56 Catherine Street

View
City
Architectural Style
Townhouse
Waterfront
No

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 04/23/2024 02:57 PM

Property Details for 56 Catherine Street

StatusActive
MLS #202414170
Days on Market5
Taxes$3,055 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1988
Lot Size0.03 AC / 1,306 SF
CountyAlbany County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 56 Catherine Street

Stories-Residences-Year Built1988Building Size-Lot Size0.03 AC / 1,306 SF

Payment Calculator

$1,783 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,528

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 Catherine Street

Summary
Location and General Information
  • Postal City: Albany
  • 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.
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12202
  • County Or Parish: Albany
  • Latitude: 42.64
  • Longitude: -73.76
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 010100 76.56-2-63
  • Tax Annual Amount: $3,055.08
Parking
  • GarageSpaces: .00
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: Corner Lot
  • Year Built: 1988
  • Lot Size Dimensions: 22.2 x 68.5
  • Above Grade Finished Area: 1980.0
  • Above Grade Finished Area Source: CRS
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
Building Information
  • Living Area: 1980.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
  • Exterior Features: None
  • Fencing: Privacy, Wood, Back Yard
  • Laundry Features: Upper Level, Washer Hookup
Interior Features
  • Heating: Baseboard, Hot Water, Natural Gas
  • Basement: Apartment, Exterior Entry, Finished, Full, Heated, Walk-Out Access
  • Construction Materials: Brick
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Attic Features : Hatch: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Notational: 2.10
  • Bedrooms Total: 5
  • Bathrooms Full: 2
  • Bathrooms Half: 1
Multi Family
Multi-Family Information
  • Unit Information : Number Of Refrigerators: 2
  • Unit Information : Number Of Stoves: 2
Income & Expenses Information
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Income And Expenses : Rental Income: $30,000.00
  • Income And Expenses : Rental Income Description: Actual
  • Income And Expenses : Electric Expense: $.00
  • Income And Expenses : Gas Expense: $.00
  • Income And Expenses : Miscellaneous Expense: $300.00
  • Income And Expenses : Miscellaneous Expense Description: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 2nd Floor: 3
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Partial Baths 1st Floor: 1
  • Unit Detail : Dining Rooms 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Built-In Gas Oven: Yes
  • Multi-Family Unit Detail : Total Half Baths: 1
Unit 2
  • Rent: $1,100.00
  • Unit Detail : Total Bedrooms: 2
  • Unit Detail : Bedrooms In Basement: 2
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths In Basement: 1
  • Unit Detail : Kitchens In Basement: 1
  • Unit Detail : Living Rooms In Basement: 1
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Built-In Gas Oven: Yes
Rental
Rental Information
  • Tenant Pays: Hot Water, Internet, Electricity, Gas
  • Owner Pays: Trash Collection

Property History for 56 Catherine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 56 Catherine Street

Taxable ValueLand$15,000Additions$60,000Total$75,000
Home Facts
Baths2.5Total Finished SqFt1,980 SqFtAbove Grade Finished SqFt1,980 SqFtStories3Lot Size1,496 SqFtStyleDuplexYear Built1988ZoningR3BCountyALBANYAPN010100 76.56-2-63

Schools near 56 Catherine Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Giffen Memorial Elementary School
PublicPK to 6

Stephen And Harriet Myers Middle School
Public6 to 8

Albany High School
Public9 to 12

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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56 Catherine Street is a multi-family home for sale in Albany, NY 12202. This property was listed for sale on March 27, 2024 by eXp Realty, LLC, it's currently listed at $280,000. It has been on the market for a total of 5 days and was last sold on October 17, 2019. This listing's school district is Albany City School District. Nearby schools include Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School and Albany High School. 56 Catherine Street is a 5-bed, 2.5-bath, 1,980 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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