361 Madison Avenue
$349,900
6
3
2,034
2,034
$172
Pending
Description
This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property...This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! Currently 1/3 units are rented in the building, allowing for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $45,600 per year in gross rent. This property can be sold as well with 363 Madison if an investor was interested in packaging both together. Rear Garage is to be sold ''as is''.
- Listed by Giovanni Lisi • Core Real Estate Team
Property Details for 361 Madison Avenue
Architectural Style
Traditional
WaterfrontNo
Parking Total2.00
LISTING UPDATED: 02/02/2025 11:05 AM
Property Details for 361 Madison Avenue
Status | Pending |
---|---|
MLS # | 202510738 |
Days on Market | 15 |
Taxes | $6,482 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Triplex |
Year Built | 1885 |
Lot Size | 0.05 AC / 2,178 SF |
County | Albany County |
Building Information for 361 Madison Avenue
Stories-Residences-Year Built1885Building Size-Lot Size0.05 AC / 2,178 SF
Property Information for 361 Madison Avenue
Property History for 361 Madison Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 361 Madison Avenue
Taxable ValueLand$29,400Additions$117,600Total$147,000
Home Facts
Baths3Total Finished SqFt2,034 SqFtAbove Grade Finished SqFt2,034 SqFtStories3Lot Size2,085 SqFtStyleTriplexYear Built1885ZoningR2CCountyALBANYAPN010100 76.32-3-62
Schools near 361 Madison Avenue
This home is within Albany City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Giffen Memorial Elementary School PublicPK to 5 | ||
Stephen And Harriet Myers Middle School Public6 to 12 | ||
Albany High School Public9 to 12 | ||
Thomas S O Brien Academy Of Science And Tech PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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