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Listed by Ryan Edson • Realty One Group Key
$ 2,199,000
Est. payment /mo
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 $369
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
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