…however, there are some things you should know about this $50K Albany townhouse before you dive in…
The first thing you should know is that this property is listed as a pre-foreclosure/ short sale. If you’ve ever delved into these somewhat murky waters before, you know that, often, there’s nothing short about a short sale. They can take a long time to close on, and you might wait around for months before you know if your offer’s been accepted. Third party approval will be required in the case of this property.
With that caveat out of the way, the townhouse includes three stories, four bedrooms, and 2,075 square feet. Built in the 1930s, the building is part of a quad of attached townhouses, similar in style, with attractive facades. Here’s a view from the street:
Sadly, there is but one photo of the townhouse’s interior, revealing little about the space. We find it best to assume the worst in situations like these, just so an “It’s not so bad” verdict feels so much sweeter.
The listing ensures hardwood floors and newer windows. Alas, the fireplaces are ornamental.
Located in Albany’s historic Pastures neighborhood, between South End and the NY Capitol building area. It’s convenient to I-787, I-90, I-87, and the bridge to Troy and the east side of the Hudson. And, that brings us to the last thing you should know about this property: It’s across the street from the defunct St. John’s Catholic Church, a large, abandoned structure that might be in a state of disrepair – at least, it is as of this 2016 photo series – and prone to squatters.
Regardless, we love the historic character of this neighborhood and its proximity to Albany’s amenities. Take a closer look at this Albany townhouse at Yankee Realty, Inc.
Hudson River Exchange