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173 Madison Avenue

Albany, NY 12202
  • $750,000
  • STATUS: Active
  • MLS #: 202428293
UPDATED: 20 min ago
$750,000
  • 10
    BEDS
  • 0.04
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,250
    SQFT
  • $143
    $/SQFT
Type:
Multi-Family
Built:
1853
County:
Area:

School Information

High School:
School District:

Description

Prime Investment Opportunity at 173 Madison Avenue! Step into a seamless income-generating asset with this fully furnished 4-unit property, featuring 10 bedrooms, long-term stable tenants in 3 units, and a successful short-term rental in the 4th. This turnkey property is ideally located minutes from Empire Plaza and the Capitol, ensuring high rental demand year-round. Enjoy added perks like in-unit washer and dryer in two units, a private back deck and patio, the main sewer line has been replaced, new hot water tanks, new kitchen appliances on 1st fl, renovated bathrooms, high end security system & Yale lock keyless entry for each unit. The list goes on and on! With proven rental income, there's nothing left to do but start earning!

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© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-12-01T16:12:12.947.
www.heerrealty.com/homes/157321319
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173 Madison Avenue Albany, NY 12202

  • Price: $750,000
  • Status: Active
  • On Site: Days
  • Updated: 20 min ago
  • MLS #: 202428293
10
Beds
4
Baths
0
½ Baths
0.04
Acres
5,250
SQFT
$143
$/SQFT
1853
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Prime Investment Opportunity at 173 Madison Avenue! Step into a seamless income-generating asset with this fully furnished 4-unit property, featuring 10 bedrooms, long-term stable tenants in 3 units, and a successful short-term rental in the 4th. This turnkey property is ideally located minutes from Empire Plaza and the Capitol, ensuring high rental demand year-round. Enjoy added perks like in-unit washer and dryer in two units, a private back deck and patio, the main sewer line has been replaced, new hot water tanks, new kitchen appliances on 1st fl, renovated bathrooms, high end security system & Yale lock keyless entry for each unit. The list goes on and on! With proven rental income, there's nothing left to do but start earning!
Exterior Features

Architectural Style Other Construction Materials Brick Door Features [] Exterior Features [] Fencing PrivacyOther Foundation Details [] Lot Features Private Other Structures [] Parking Features [] Patio And Porch Features Rear PorchPatio Pool Features [] Roof Rubber View City Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Apartment Cooling None Cooling YN No Electric Heating Yes Fireplace Features [] Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwood Heating BaseboardElectric Heating YN Yes Interior Features OtherVaulted Ceiling(s)Paddle FanHigh Speed InternetBuilt-in FeaturesCeramic Tile BathCrown Molding Laundry Features Main LevelUpper Level

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric 200+ Amp Service Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] New Construction YN No Other Equipment [] Owner Pays Trash CollectionSewerSnow Removal Property Condition Updated/Remodeled Property Sub Type Quadruplex Security Features Security System OwnedClosed Circuit Camera(s) Sewer Public Sewer Special Listing Conditions Standard Tenant Pays [] Utilities [] Water Source Public Zoning Mixed

Listing information © 2024 Global MLS.
Listing provided courtesy of Andrea Tallman of KW Platform: .



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-12-01T16:12:12.947.
 
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