1061 Madison Avenue, Albany, NY 12208

New - 31 Hours Ago
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Property Description

Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

1061 Madison Avenue | MLS# 202616661

This multi-family property located at 1061 Madison Avenue, Albany, NY 12208 is currently listed for sale with an asking price of $250,000. Madison Avenue is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.08 Acres
Roof Type: Asphalt
Taxes: $6,520
Year Built: 1900

Feature Descriptions

Days on Site: 1
Doors: Sliding Doors
Exterior: Vinyl Siding
Exterior: None
Fencing: Wood, Back Yard
Flooring: Tile, Hardwood, Laminate
Foundation: Block
Interior: Built-in Features
Laundry: In Basement
Lot: Level
Lot Dimensions: 33x100
Parcel #: 010100 64.59-2-17
Parking: None
Patio/Porch: Front Porch
Security: Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 2050
Utilities: Cable Available
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 1,172.64 per month $556.39 Principal & Interest $543.33 Property Tax $72.92 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Miranda Real Estate Group Inc
Agency Phone: 1 518-348-2060

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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