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137 Madison Ave
Albany, NY 12202 Downtown Albany Historic District

$825,000

Apartments For Sale  •  8,600 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 8,600 Sq Ft
  • Lot Size 0.1 ac
  • Building Class B
  • Year Built 1894
  • Cap Rate 7.15 %
  • Zoning C1
68 Transit Score
94 Walk Score

Description

Solid investment opportunity. Brick 9 unit, one block up from South Pearl. 2-one bedroom, 7-two bedroom. In unit washers and dryers.

Highlights

Historical Albany Building

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $58,982 (2019)
Cap Rate: 7.15 %
Total Expenses: $29,653

Amenities

  • Washer/Dryer
  • Sprinkler System

Public Transportation

AirportDriveWalkDistance
Albany International Airport 21 min - 10.4 mi

Parking Details

Parking Available: No
Reserved: No
Type: SurfaceTandem
Included in Rent: Yes
Deborah Hoelzli 518-986-6713 Carrow Real Estate Services
Deborah Hoelzli 518-986-6713 Carrow Real Estate Services