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Listing 3 out of 6
$1,449,000 For Sale

811 Madison Av
Albany, NY 12208

Multi Family Home
6534 sq ft lot - MLS# 201912763
Property Photo
1/12

Description

MIXED-USE STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF MID-TOWN ALBANY'S PINE HILLS NEIGHBORHOOD JUST ONE BLOCK FROM WASHINGTON PARK. COMPLETELY GUT RENOVATED IN 2011. NEW EVERYTHING. FIRE SPRINKLERS. EIGHT RESIDENTIAL UNITS WITH ONE 1, 500 SF STREET LEVEL RETAIL SPACE. ALL UNITS ON SEPARATE METERS. FULL YEAR LEASES WITH PARENTAL GUARANTEES. 7.52% CAP. ALWAYS RENTED! SOLID INVESTMENT.

Features

  • Property Type: Multi Family Home
  • Sub Type: 3 Family +
  • Listing Status: Active
  • County/Area: Albany County
  • Zip Code: 12208
  • Year Built: 1940
  • Subdivision/Neighborhood: PINE HILLS
  • School District: Albany
  • Sq.Ft.: 8,592 sq ft
  • Basement: Part
  • Lot Size: 6534 sq ft lot
  • City/Town - Mailing: Albany
  • Condition: Excellent
  • Cooling Type: Window A/C Unit
  • Heat Fuel: Natural Gas
  • Heat System: Hot Air
  • Sewer: Municipal
  • Unit 1 # Beds: 3
  • Unit 1 # Full Baths: 2
  • Unit 1 # Rooms: 5
  • Unit 1 Location: 1
  • Unit 2 # Beds: 3
  • Unit 2 # Full Baths: 2
  • Unit 2 # Rooms: 5
  • Unit 2 Location: 2
  • Unit 3 # Beds: 3
  • Unit 3 # Full Baths: 2
  • Unit 3 # Rooms: 5
  • Unit 3 Location: 3
  • Water: Municipal
  • Listing Office: Carrow Real Est Services Llc
Courtesy of Carrow Real Est Services Llc

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Mencarelli Realty, LLC | 518-331-1683 | Contact Me
78 Stock Lane - Rensselaer, NY 12144
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