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Listed by Ryan Edson • Realty One Group Key

$ 2,149,000

Est. payment -/mo

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Active

261 Central Avenue Albany, NY 12206

5,952 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,952 sqft

Price per Sqft $361

MLS Listing ID 202622391

Year Built 1930

Annual Tax Amount $17,073

Lot Size 2,222 Sqft

Acres 0.05

Lot Dimensions 32.9X67.5

Property Sub-Type Mixed Use

Source Global MLS

Property Description

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

Location

State NY

County Albany

Zoning Commercial

Direction Down Central Avenue in Albany

Interior

Heating Electric, Heat Pump

Flooring Vinyl, Laminate

Exterior

Parking Features Metered, Off Street

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 010100 65.63-2-66.1

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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