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$ 240,000
Est. payment /mo
Pending
361 MADISON AV Albany, NY 12210
6 Beds
3 Baths
2,034 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Pending
Purchase Type For Sale
Square Footage 2,034 sqft
Price per Sqft $117
MLS Listing ID 202117983
Bedrooms 6
Full Baths 3
Year Built 1885
Annual Tax Amount $5,577
Lot Size 2,090 Sqft
Property Sub-Type 3 Family +
Property Description
30 REDUCTION - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (361 must be sold with 363 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented. 10.3 cap rate / 6.7 GRM. Pro-forma available upon request. $960,000 package price
Location
State NY
County Albany
Area Albany City-Se (114)
Zoning R2C
Body of Water No
Interior
Heating Natural Gas
Cooling None
Flooring Hardwood
Fireplaces Number 2
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Rubber
Building
Lot Description Level
Sewer Public
Water Public
Structure Type Brick,Wood
Schools
School District Albany
Others
Special Listing Condition No Special Conditions, Other~See Remarks
Listed by Exit Realty Empire Associates