865 Madison Avenue, Albany, NY 12208
865 Madison Avenue, Albany, NY 12208
865 Madison Avenue, Albany, NY 12208
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Listed by Philip W Wagner • Wagner Real Estate Group
$599,900
Est. payment /mo
9 Beds
7 Baths
5,298 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,298 sqft

Price per Sqft $113

MLS Listing ID 202613988

Bedrooms 9

Full Baths 7

HOA Y/N No

Year Built 1900

Annual Tax Amount $9,166

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi Family

Source Global MLS

Property Description

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

Location

State NY

County Albany

Direction Take I-787 S, Take exit 3B toward Port of Albany/US-20 W/Madison Ave., Continue on Madison Ave.

Interior

Heating Baseboard, Radiant, Natural Gas

Flooring Vinyl, Hardwood

Exterior

Exterior Feature None

Parking Features Off Street, Detached, Garage

Garage Spaces 4.0

Roof Type Rubber,Asbestos Shingle

Porch Porch

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 65.61-4-26

Special Listing Condition Other

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Erin Steinbach

Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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