$445,000

About This Property

Located in the heart of Center Square, this historic brick brownstone multi-family building offers a fantastic opportunity to own in one of Albany's most vibrant neighborhoods. Just steps from the shops, restaurants, and nightlife of lively Lark Street and minutes to Albany Med, this location offers the best of city living with everyday convenience. Enjoy city views from the floor-to-ceiling windows, beautiful natural light, and 3 huge flats (each over 1,000 sq ft). The atrium area allows for endless opportunity and can easily be reimagined into a chic outdoor oasis. The garden apartment includes 2 bedrooms, 1 bathroom, and laundry in unit. Unit 2 includes 2 bedrooms and 2 full bathrooms, laundry in unit, and a deck off the second bedroom. Unit 3 includes 2 bedrooms, 2 full bathrooms, a large open living and dining area, and beautiful city views. Owner pays electric/internet for the 1st floor unit only; separate utilities for each unit. All units have gas fireplaces for supplemental heat. Ideal for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a strong addition to their portfolio, the property provides great flexibility and potential. The home also features a generously sized yard space--an uncommon find in the city--great for outdoor enjoyment. Permit parking is available behind the building for added convenience. A prime Center Square location, solid brick construction, and excellent rental capacity make this a great opportunity in the heart of Albany.