Bought with Carl Frost • Heer Realty, Inc.
$318,000
$349,900
9.1%For more information regarding the value of a property, please contact us for a free consultation.
361 Madison Avenue Albany, NY 12210
6 Beds
3 Baths
2,034 SqFt
Key Details
Sold Price $318,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,034 sqft
Price per Sqft $156
MLS Listing ID 202510738
Sold Date 03/28/25
Bedrooms 6
Full Baths 3
HOA Y/N No
Year Built 1885
Annual Tax Amount $6,482
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Triplex
Source Global MLS
Property Description
This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property can be sold as well with 363 Madison if an investor was interested in packaging both together. Rear Garage is to be sold ''as is''.
Location
State NY
County Albany
Direction Between Dove Street and S Swan Street
Interior
Heating Hot Water, Natural Gas
Flooring Vinyl, Laminate
Exterior
Exterior Feature None
Parking Features Off Street, Detached
Garage Spaces 2.0
Roof Type Rubber
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 76.32-3-62
Special Listing Condition No Disclosures
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