Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12210 · Albany County
This all-brick Albany multi-family was built in 1930 and offers about 3,564 square feet with six bedrooms and six baths. The MLS describes a building between Lark Street and Washington Park with new flooring in many units, new luxury vinyl in the hallways, freshly painted common areas, on-street parking, a large back yard, and a newer rubber roof, with heat and hot water included in rents. The remarks note it can also be sold as a package with two identical buildings for 18 units total, and that the owner is a licensed New York real estate broker. It sits in the Albany school district.
A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (371 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $higher priced per month, lower due to long term tenants, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers built for affordable housing but a quarter of what it would cost to build. . *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
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Albany is in Albany County, NY. There are currently 209 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 108% above the Albany median of $299,900.
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518 Realty.Com Inc · Listed by Christine L Sbardella (9210)
Contact: 518-369-4856
MLS #202530978 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
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