$189,000
SOLD APR 29, 2022

521 Washington Ave Albany, NY 12206

Beverwyck Neighborhood
4 Beds
4 Baths
2,404 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 5-minute walk to Beverwyck Park

About This Home

As of April 2022

Rare 4-family consisting of four 1BD/1BA units in prime student rental area, though majority of the tenants are long-term. 9% cap rate with rents as they are now with 14.74% cash on cash return. Building has been well maintained over the years with room for value add in both rents as you experience turnover and tenant amenities (laundry). This is definitely a money-maker for someone looking for a good cashflow investment to add to their portfolio or get it started.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 03/06/2022

Last Buyer's Agent

Arpi Balgin

Berkshire Hathaway Home Services Blake License #10401299506

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 27x92.8

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,404 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 51 / 2
  • Assessor Parcel Number 010100 65.54-2-51 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,608

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Multi Residence
  • Year Built: 1915
  • Directions: Located just up Washington Ave from Quail Street.
  • Above Grade Finished Sq Ft: 2404.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.06
  • Lot Size: 27X92.8
  • Sale Detail Buyer Zip Code: 10310
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2404.0
  • Full Basement: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Parcel #: 010100 65.54-2-51 01
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5607.6
  • Tax Block: 2
  • Tax Lot: 51
  • Tax Tract: 65.54

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • HighSchool: Albany

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $269,900 +42.8% $112 / Sq Ft
04/29/2022 04/29/22 Sold $189,000 +8.0% $79 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $175,000 -- $73 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Arpi Balgin

    Seller's Agent in 2025

    Arpi Balgin

    Berkshire Hathaway Home Services Blake

    (518) 229-8767

    1 in this area

    100 Total Sales

    Arpi Balgin
    Section Image
  • Asif Mahamud

    Buyer's Agent in 2025

    Asif Mahamud

    Realty One Group Key

    (518) 505-5708

    12 in this area

    76 Total Sales

    Asif Mahamud
    Section Image
  • Samantha Curry

    Seller's Agent in 2022

    Samantha Curry

    New Scotland Realty

    (518) 964-2066

    4 in this area

    138 Total Sales

    Samantha Curry
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202213035

Global MLS

New York Albany County Albany 12203 Beverwyck

521 Washington Ave, Albany, NY

This home is located at 521 Washington Ave, Albany, NY 12206 and is currently priced at $189,000, approximately $78 per square foot. This property was built in 1915. 521 Washington Ave is a home located in Albany County with nearby schools including Stephen And Harriet Myers Middle School, Albany High School, and Roots Academy at West Hill.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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