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$ 240,000
Est. payment /mo
Pending
363 MADISON AV Albany, NY 12210
3 Beds
3 Baths
1,827 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Pending
Purchase Type For Sale
Square Footage 1,827 sqft
Price per Sqft $131
MLS Listing ID 202117984
Bedrooms 3
Full Baths 3
Year Built 1886
Annual Tax Amount $6,301
Property Sub-Type 3 Family +
Property Description
30K Price Reduction - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (363 must be sold with 361 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 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 spots in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can be rented or storage. 9.6 cap rate at 363. Pro-forma for package available upon request. New Package Price $960,000
Location
State NY
County Albany
Area Albany City-Se (114)
Zoning R2C
Body of Water No
Interior
Heating Electricity
Cooling None
Flooring Hardwood
Fireplaces Number 1
Exterior
Parking Features Other~See Remarks
Roof Type Rubber
Building
Lot Description Level
Sewer Public
Water Public
Structure Type Brick,Wood
Schools
School District Albany
Others
Restrictions Unknown
Special Listing Condition No Special Conditions, Other~See Remarks
Listed by Exit Realty Empire Associates