Investment Opportunity in Albany’s South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street.
These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.
These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.
Property Details
Price:
$720,000
MLS #:
202329927
Status:
Pending
Beds:
28
Baths:
12
Address:
49-51 Broad Street
Type:
Single Family
Subtype:
5+ Units
City:
Albany
Listed Date:
Dec 26, 2023
State:
NY
Finished Sq Ft:
11,040
ZIP:
12202
Lot Size:
0 acres
Year Built:
1940
Courtesy of New Scotland Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Global MLS. Detailed information about real estate listings held by brokerage firms other than Canaan Realty include the name of the listing broker. Neither the listing company nor Canaan Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Global MLS. All rights reserved.
49-51 Broad Street
Albany, NY
See this Listing
Mortgage Calculator
Schools
School District:
Albany
High School:
Albany
Interior
Bathrooms
12 Full Bathrooms
Cooling
None
Flooring
Hardwood
Heating
Forced Air, Hot Water
Exterior
Architectural Style
Low Rise
Construction Materials
Brick
Exterior Features
None
Financial
Buyer Agent Compensation
2.00%
Taxes
$20,318
Map
Community
- Address49-51 Broad Street Albany NY
- CityAlbany
- CountyAlbany
- Zip Code12202
Similar Listings Nearby
- 13 Cannon Royal Drive
Wilton, NY$926,000
33.43 miles away
- 1461 N Shore Road
Day, NY$925,000
46.99 miles away
- 8 Robin Ann Lane
Westerlo, NY$925,000
18.08 miles away
- 337 commons road
,$925,000
39.75 miles away
- 9 Crestwood Drive
Greenfield, NY$924,000
33.26 miles away
- 2813 W West Old State Road Road
Guilderland, NY$922,900
11.58 miles away
- 36 Farmington Court
Bethlehem, NY$920,800
3.55 miles away
- 78 Ridgeway
,$919,900
35.49 miles away
- 22 Andrews Street
Saratoga Springs, NY$900,000
30.56 miles away
- 454 Breese Hollow Road
Hoosick, NY$900,000
27.86 miles away