173 Madison Avenue, Albany, NY 12202 (MLS # 202428293)
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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!
DAYS ON MARKET | 98 | LAST UPDATED | 1/24/2025 |
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YEAR BUILT | 1853 | COUNTY | Albany |
STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
High School | Albany |
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PRICE HISTORY | |
Prior to Dec 15, '24 | $750,000 |
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Dec 15, '24 - Jan 18, '25 | $699,000 |
Jan 18, '25 - Today | $675,000 |
ADDITIONAL DETAILS | |
AIR | None |
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BASEMENT | Apartment, Yes |
CONSTRUCTION | Brick |
HEAT | Baseboard, Electric |
INTERIOR | Built-in Features, Crown Molding, High Speed Internet, Other, Vaulted Ceiling(s) |
LOT | 1742 sq ft |
LOT DESCRIPTION | Private |
SEWER | Public Sewer |
STYLE | Other |
TAXES | 13632.52 |
VIEW | Yes |
VIEW DESCRIPTION | City |
WATER | Public |
ZONING | Mixed |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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