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507 Central Avenue

Albany NY 12206

7
2
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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We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.

Local market activity for 7 bedroom multi families in Albany

In the last 12 months, 1 seven-bedroom multi family similar to 507 Central Avenue, have been sold.

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