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Listed by Jenn L Baniak-Hollands • KW Platform

$ 785,000

Est. payment | -/mo

9 Beds

9 Baths

3,438 SqFt

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$ 785,000

Est. payment | -/mo

Save Virtual Tour

9 Beds

9 Baths

3,438 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,438 sqft

Price per Sqft $228

Subdivision Center Square

MLS Listing ID 202529745

Bedrooms 9

Full Baths 8

Half Baths 1

HOA Y/N No

Year Built 1867

Annual Tax Amount $11,736

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Multi Family

Source Global MLS

Property Description

*NEW PRICE* Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying instant income from the 5 fully rented 1-bed/1-bath apartments. Let your tenants offset your mortgage while you enjoy proximity to downtown, Lark Street, Albany Law, Albany Med, shops, parks, cafés, & restaurants. For investors, the numbers speak for themselves: projected long-term rental income over $94k annually with potential to increase. Or take advantage of Albany's strong demand for short-term rentals--this brownstone previously operated as a bed & breakfast and is ideally suited for Airbnb or furnished executive rental use. Whether you're seeking an exceptional owner-occupied residence, a cash-flowing portfolio addition, or a unique hybrid investment, this prime corner of Washington Park delivers unmatched versatility and character. If you truly want to maximize the return on this unique investment, convert this corner into 3 separate residential buildings that can be sold individually to enhance future resale value. Valid ROP's through 4/29/27. Proforma & Rent Roll in MLS documents. Limited showing schedule & 24 hour notice required. Agent related to seller.

Location

State NY

County Albany

Community Center Square

Direction Lark Street to Hudson- property located at the corner of Willett Street & Hudson Ave

Interior

Interior Features Wall Paneling, Paddle Fan, High Speed Internet, Built-in Features, Chair Rail, Crown Molding

Heating Hot Water, Radiant, Natural Gas

Flooring Carpet, Hardwood

Equipment None

Exterior

Exterior Feature None

Utilities Available Cable Available

Porch None

Building

Lot Description Views, Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Albany

Others

Tax ID 010100 76.23-3-79

Special Listing Condition Standard

Virtual Tour https://youtu.be/kNUFDCEsvBk

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

70 Willett Street Albany, NY 12210