507 Central Avenue

Albany NY 12206

2100 sq. ft.

0.04 ac.

Multi-Family

Currently for sale - view listing

Overview

Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas utilities, month-to-month rental flexibility, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.

Features

7 bedrooms

2 bathrooms

2100 sq. ft. floor area

0.04 ac. lot size

Multi-Family

Property history for 507 Central Avenue

2025

Sold

$100,000

31 Oct 2025 by Christopher Rose, of RealHome Services & Solutions

2002

Sold

$40,000

19 Sep 2002 by Nancy Baker, of Coldwell Banker Prime Prop.

Happy sellers in Albany

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Local market activity for 7 bedroom multi families in Albany

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Joseph Cardinale

at Howard Hanna Capital INC

View listing

Sales:: (619) 566-0008

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