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Listed by David Zuccaro • Heritage Hill Realty

$ 850,000

Est. payment -/mo

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51 Elm Street Albany, NY 12202

9 Beds

7,488 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,488 sqft

Price per Sqft $113

MLS Listing ID 202629427

Bedrooms 9

HOA Y/N No

Year Built 1920

Annual Tax Amount $16,350

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Multi Family

Source Global MLS

Property Description

Prime investment opportunity in the heart of Albany's Historic Mansion District. This brick 10-unit offers 7,488 square feet of income-producing space in a strong rental area with quick access to restaurants, parks, shopping, colleges, hospitals, and public transportation. Situated just minutes from downtown and major employers. Designed for efficient ownership, the property features a low-maintenance profile and the potential to provide investors with a steady, diversified income stream across multiple units. Its convenient location and established rental appeal make it a compelling addition to any portfolio. Tenants are responsible for gas stoves and electric, Landlord pays for gas heat.

Location

State NY

County Albany

Zoning Commercial

Direction Madison Ave to Eagle St, left on Elm St, building on left side

Interior

Interior Features Ceramic Tile Bath

Heating Hot Water, Radiant, Natural Gas

Flooring Ceramic Tile, Hardwood, Laminate

Exterior

Exterior Feature None

Roof Type Flat,Rubber

Porch Deck

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 76.49-1-19

Special Listing Condition Standard

Empire Real Estate Firm LLC

Broker

+1(518) 662-7653 | admin@empirerealestatefirm.com

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