NEW! Buy and sell safely with virtual options - Learn More
About the Listing o2015A - 21935
Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually.
Listing Highlights for 695 State St
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Natural Gas
- Fireplaces:
- Floor: Vinyl,Carpet,Hardwood
- Above Ground Sq Ft: 1976
- Basement: Full,Unfinished
- Other: High Speed Internet
- Water: Public
Exterior Details
- Lot Description: Road Frontage,Cleared
- Garage Capacity: 2 car
- Parking Spaces: 3
- Lot Dimensions: 25X140
- Zoning: Multi Residence
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Detached,Driveway,Garage
Financial Details
- Tax Amount: $5,961
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.62-3-19 01
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
695 State St Albany, NY 12203
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
