Pending
49-51 Broad Street
Albany NY, 12202
$720,000
$65.22 per sqft
Pending
28 Beds
12 Baths
11,040 sqft
Multi-family
Built in 1940
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.
202329927
MLSⓇ ID
December 26, 2023
Listed
May 9, 2024
Updated
Map
49-51 Broad Street
Albany NY, 12202
Interior Features
Bedrooms
28
Total Bathrooms
12
Floor Description
Hardwood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Hot Water
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
None
Architectual Style
Low Rise
Sewer
Public Sewer
School Information
School District
Albany
High School
Albany
Other Property Details
Taxes
$20,318
Tax Frequency
Annually
Days on Market
36
Garage
No
View
No
County
Albany
Water Source
Public
Pool
No
Zoning
Multi Residence
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
1/31/2024 | Pending | — |
Courtesy of New Scotland Realty
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Taylor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Global Multiple Listing Service, Inc. All rights reserved.