51 Elm Street, Albany, NY 12202

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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.

51 Elm Street | MLS# 202629427

This multi-family property located at 51 Elm Street, Albany, NY 12202 is currently listed for sale with an asking price of $850,000. Elm Street 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
Heating: Hot Water, Radiant, Natural Gas
Home Style: Apartment 4 Plus Unit
Lot Size: 0.06 Acres
Roof Type: Flat, Rubber
Taxes: $16,350
Year Built: 1920

Feature Descriptions

Days on Site: 1
Exterior: Brick
Exterior: None
Flooring: Ceramic Tile, Hardwood, Laminate
Interior: Ceramic Tile Bath
Parcel #: 010100 76.49-1-19
Parking Total: 0
Patio/Porch: Deck
Security: Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s), Fire Alarm
Sewer: Public Sewer
SQFT Above Grade Finished: 7488
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 3,502.15 per month $1,891.73 Principal & Interest $1,362.50 Property Tax $247.92 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Heritage Hill Realty
Agency Phone: 1 518-629-5897

Shown By

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

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