Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1061 Madison Avenue, Albany, NY, 12208

5beds
2baths
2,050sqft
$250,000
$122price/sqft
$2,054/moest. monthly cost
$82,160/yrincome needed

About This Home

Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

Getting Around

83
WalkingVery Walkable
54
TransitGood Transit
74
BikeVery Bikeable

Schools

4/10
4/10
Albany High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features
  • Door features: Sliding Doors
  • Flooring: Tile,Hardwood,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 2,050

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,050
  • Total interior livable area: 2,050 sqft

Property

Details

  • Parcel number: 010100 64.59217
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Patio & porch: Front Porch
  • Exterior features: None
  • Fencing: Wood,Back Yard

Lot

  • Lot size: 3,484 sqft
  • Features: Level

Parking

  • Parking features: None