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Listed by Christine L Sbardella • 518 Realty.Com Inc

$ 625,000

Est. payment | -/mo

6 Beds

6 Baths

3,564 SqFt

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$ 625,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

6 Baths

3,564 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,564 sqft

Price per Sqft $175

Subdivision Washington Park

MLS Listing ID 202610308

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1930

Annual Tax Amount $13,499

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Multi Family

Source Global MLS

Property Description

PACKAGE PURCHSE AVAIABLE.
TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (369 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,275 est. per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers build for affordable housing but a quarter of what it would cost to build. SERIOUS BUYERS WITH PROOF OF FUNDS, OR PRE APPROVED BUYERS ONLY. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*

Location

State NY

County Albany

Community Washington Park

Direction Madison Ave to Lark Street to Hudson (between Lark and the Park)

Interior

Heating Baseboard, Steam, Natural Gas

Flooring Vinyl, Ceramic Tile, Hardwood

Exterior

Exterior Feature Garden

Parking Features None

Roof Type Flat

Building

Lot Description Level, Landscaped

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 76.23-3-20

Special Listing Condition Standard

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Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

371 Hudson Avenue Albany, NY 12210