Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.
Features
24 bedrooms
13 bathrooms
8592 sq. ft. floor area
crop_free6534 sq. ft. lot size
cottageMulti-Family
Property history for 811 Madison Ave
2019
Sold
$1,370,000
21 Aug 2019 by Rudy Lynch, of Carrow Real Estate Services LLC
Happy sellers in Albany
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Local market activity for 24 bedroom multi families in Albany
Sold
For Sale
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