552 Madison Ave
5 Unit Apartment Building $700,000 ($140,000/Unit) 6.15% Cap Rate Albany, NY 12208
EXECUTIVE SUMMARY
**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!
PROPERTY FACTS
1 of 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 010100-076-023-0001-002-000-0000 | Improvements Assessment | $142,400 |
| Land Assessment | $35,000 | Total Assessment | $177,400 |
ZONING
| Zoning Code | C1 |
CONTACT
-
Brendan Dal Col - New Scotland Development Companies
