




865 Madison Avenue, Albany, NY, 12208
9beds
7baths
5,298sqft
$599,900
$113price/sqft
$4,994/moest. monthly cost
$199,760/yrincome needed
About This Home
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.
Getting Around
85
58
67
Schools
4/10
3/10
4/10
Construction
Condition
- Year built: 1900
Materials
- Roof: Rubber,Asbestos Shingle
- Construction materials: Aluminum Siding,Clapboard,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Apartment
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 7
Features
- Flooring: Vinyl,Hardwood
- Finished area below ground: 2,124
- Finished area above ground: 5,298
Heating & Cooling
- Heating features: Baseboard,Radiant,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 5,298
- Total interior livable area: 5,298 sqft
Property
Details
- Parcel number: 010100 65.61426
- Attached to another structure: Yes
- Special condition: Other
Features
- Patio & porch: Porch
- Exterior features: None
Lot
- Lot size: 5,662 sqft
Parking
- Total spaces: 4
- Parking features: Off Street,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
