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    361 Madison Av

    Albany, NY 12210
    • $240,000
    • STATUS: Active
    • MLS #: 202117983
    Price Reduced
    UPDATED: 41 min ago
    $240,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,034
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1885
    County:

    School Ratings & Info

    School District:

    Description

    30 REDUCTION - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (361 must be sold with 363 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented. 10.3 cap rate / 6.7 GRM. Pro-forma available upon request. $960,000 package price

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    © 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-06-22T22:13:21.193.
    www.carrowresidential.com/homes/116966199
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    361 Madison Av Albany, NY 12210

    • Price: $240,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 202117983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,034
    SQFT
    $118
    $/SQFT
    1885
    Built
    Neighborhood:
    Albany City-Se (114)
    County:
    Albany
    Area:
    Albany City-Se (114)
    School District:
    Albany
    Property Description
    30 REDUCTION - Incredible investment opportunity to own two side-by-side solid brick Three-Family buildings (361 must be sold with 363 Madison Avenue) OR package ALL four buildings together (363/361/359/357 Madison Avenue). Highly sought after location within walking distance to Washington Park and Empire State Plaza. Charming historic details too with arches, moldings, and exposed natural brick. Tall windows offer Southern exposure all day. High ceilings and all units have hardwood floors. Some have great views too! 9 out of 12 units rented. Parking in the rear adds extra income at $95/mo. and 361 Madison has a two-car garage that can also be rented. 10.3 cap rate / 6.7 GRM. Pro-forma available upon request. $960,000 package price
    Exterior Features

    Exterior Type BrickWood Garage Description Detached Lot Description Level Lot Size 15.9X139 Off Street Parking Spaces 2 Roof Rubber Style Triplex

    Interior Features

    Abv Grnd Sq Ft Source Estimated Abv Grnd Sq Ft Source1 Reinsight/Public Info Attic None Basement ApartmentWalk Out Cooling Type None Dishwashers 0 Dryers 0 Flooring Hardwood Handicap Access No Heat Fuel Natural Gas Heat System Hot Water Refrigerators 3 Stoves 3 Unit One Beds 2 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 4 Unit Three Beds 2 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 4 Unit Two Beds 2 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 4 Washers 0

    Property Features

    City Town Taxing Entity Albany General Taxes 2120 General Taxes Description Estimated Possession At Close School Taxes 3457 School Taxes Description Estimated Sewer Public Special Market Conditions No Special ConditionsOther~See Remarks Total Taxes 5577 Total Taxes Description Estimated Unit Occupancy Month-To-MonthVacant Unit One Location Garden Unit One Monthly Rent 1000 Unit One Occupancy Month-To-Month Unit One Owner Furnishes HeatHot WaterWater & SewerTrash RemovalLawn CareSnow Removal Unit One Rent Desc Estimated Unit Owner Furnishes HeatHot WaterWater &Amp; SewerNatural GasTrash RemovalLawn CareSnow Removal Unit Three Location 2F Unit Three Monthly Rent 1200 Unit Three Occupancy Month-To-Month Unit Three Owner Furnishes HeatHot WaterWater & SewerTrash RemovalLawn CareSnow Removal Unit Three Rent Desc Actual Unit Two Location 1st Fl Unit Two Monthly Rent 1050 Unit Two Occupancy Month-To-Month Unit Two Owner Furnishes HeatHot WaterWater & SewerTrash RemovalLawn CareSnow Removal Unit Two Rent Desc Actual Water Public

    Listing information © 2021 Global MLS.
    Listing provided courtesy of John Diblasi of Exit Realty Empire Associates:518-857-1505.



    © 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-06-22T22:13:21.193.
     
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    Albany NY, 12203