Cash Flowing 8 bedroom 2 unit bringing in 33,600 annually. Located in a very strong rental area with great rental history. Located between both UAlbany campuses, minutes from Albany Med and downtown Albany. Can be packaged with a combination of 9 other rental properties in the near by vicinity.
Closed
$255,000
541 Washington Avenue, Albany, NY 12206
8beds
2,244sqft
Duplex, Multi Family
Built in 1907
-- sqft lot
$304,800 Zestimate®
$114/sqft
$1,622 Estimated rent
Home value
$304,800
$271,000 - $338,000
$1,622/mo
Zestimate® history
Owner options
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$1,622/mo
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$1,622/mo
Rent Zestimate®
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$1,715/mo
Est. payment
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$1,715/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jonathan Lanahan 315-749-8596,
RE/MAX Solutions,
David M Schrepper 518-330-4209,
RE/MAX Solutions
Bought with:
Jonathan Lanahan, 10401298349
RE/MAX Solutions
David M Schrepper, 40SC1054070
RE/MAX Solutions
Source: Global MLS,MLS#: 202416417
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Zoned, Natural Gas
Cooling
- None
Features
- Flooring: Tile, Wood, Hardwood
- Basement: Full
Interior area
- Total structure area: 2,244
- Total interior livable area: 2,244 sqft
- Finished area above ground: 2,244
- Finished area below ground: 0
Property
Features
- Patio & porch: Front Porch
- Exterior features: None
Lot
- Size: 2,613 Square Feet
Details
- Parcel number: 010100 65.54261
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Shingle
Condition
- Year built: 1907
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $253,125
- Annual tax amount: $3,608
- Date on market: 6/10/2024
- Listing terms: Cash
- Tenant pays: Hot Water, Heat, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2024 | Sold | $255,000-7.2%$114/sqft |
Source:  Global MLS #202416417 Report a problem | ||
| 8/9/2024 | Pending sale | $274,900$123/sqft |
Source: Global MLS #202416417 Report a problem | ||
| 6/10/2024 | Listed for sale | $274,900$123/sqft |
Source: Global MLS #202416417 Report a problem | ||
| 5/28/2024 | Pending sale | $274,900$123/sqft |
Source: Global MLS #202416417 Report a problem | ||
| 5/2/2024 | Listed for sale | $274,900+293.3%$123/sqft |
Source: Global MLS #202416417 Report a problem | ||
| 3/11/2020 | Listing removed | $1,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/15/2019 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/20/2008 | Sold | $69,900-92.4%$31/sqft |
Source: Global MLS #28110091 Report a problem | ||
| 1/9/2008 | Sold | $915,000$408/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $243,000 |
| 2024 | -- | $243,000 +179.3% |
| 2023 | -- | $87,000 |
| 2022 | -- | $87,000 |
| 2021 | -- | $87,000 |
| 2020 | -- | $87,000 |
| 2019 | -- | $87,000 |
| 2018 | -- | $87,000 |
| 2017 | $3,173 +1.7% | $87,000 |
| 2016 | $3,120 | $87,000 +2.4% |
| 2015 | -- | $85,000 |
| 2014 | -- | $85,000 |
| 2013 | -- | $85,000 |
| 2012 | -- | $85,000 |
| 2011 | -- | $85,000 |
| 2010 | -- | $85,000 -26.1% |
| 2009 | -- | $115,000 -22.2% |
| 2008 | -- | $147,900 |
| 2007 | -- | $147,900 +84% |
| 2006 | -- | $80,400 |
| 2005 | -- | $80,400 |
| 2004 | -- | $80,400 |
| 2003 | -- | $80,400 -2.8% |
| 2002 | -- | $82,700 |
| 2001 | -- | $82,700 |
| 2000 | -- | $82,700 |
Find assessor info on the county website
Neighborhood: 12206
Nearby homes
- $--4 bd1 ba2.2k sqft541 Washington Ave #1 & 2, Albany, NY 12206Off Market
- $--4 bd1 ba1.2k sqft541 Washington Ave #2, Albany, NY 12206Off Market
- $--4 bd1 ba1.4k sqft541 Washington Ave #1, Albany, NY 12206Off Market
- $--3 bd1 ba-- sqft539 Washington Ave #1, Albany, NY 12206Off Market
- $150,0006 bd2 ba2.2k sqft543 Washington Ave, Albany, NY 12206Off Market
- $150,0006 bd2 ba2.2k sqft543 Washington Ave, Albany, NY 12206Off Market
- $290,8003 bd1 ba1.1k sqft539 Washington Ave, Albany, NY 12206Off Market
- $--3 bd1 ba-- sqft539 Washington Ave #2, Albany, NY 12206Off Market
Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.3 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.9 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12206
- 541 Washington Avenue
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