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865 Madison Ave

Albany NY 12208

9
7
4
5298 sq. ft.
5662.8 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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
4 carspaces
4 garage spaces
5298 sq. ft. floor area
5662.8 sq. ft. lot size
Multi-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

94%
94% of sellers in Albany reported that their sale price either exceeded or met their price expectations.

Albany stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Albany over the last 12 months.

Local market activity for 9 bedroom multi families in Albany

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