Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.
Features
9 bedrooms
7 bathrooms
directions_car4 carspaces
directions_car4 garage spaces
5298 sq. ft. floor area
crop_free5662.8 sq. ft. lot size
cottageMulti-Family
Property history for 865 Madison Ave
2021
Sold
$440,000
12 Jan 2021 by William Hamel, of Hamel Real Estate Llc
2020
Rented
Undisclosed
01 Jul 2020 by Hamel Real Estate Llc
2020
Rented
Undisclosed
28 Feb 2020 by Hamel Real Estate Llc
Happy sellers in Albany
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Local market activity for 9 bedroom multi families in Albany
Sold
For Sale
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