Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany. With its classic architecture, tree-lined streets, and walkable… Read More lifestyle, Center Square consistently attracts strong rental demand from professionals, students, and long-term tenants alike. Currently configured as four separate living spaces, the property is legally zoned for three units. The upstairs unit has been thoughtfully divided into two distinct apartments, delivering immediate owner occupancy or additional income potential. One of these upstairs spaces is non-conforming, but the City of Albany's recent declaration of a housing crisis and its streamlined ADU (Accessory Dwelling Unit) approval process open a possible path for the new owner to legalize the second upstairs unit and maximize returns. Whether you're expanding your portfolio or making Center Square your home while generating income, this property delivers location, income, and upside potential in one of Albany's most desirable historic districts. Read Less
Courtesy of Kyle Chadwick (518-289-1042), Premier Homes Elite Realty LLC.
Listing Snapshot
Days Online
73
Last Updated
Property Type
Quadruplex
Beds
5
Full Baths
4
Lot Size
0.05 Acres
Year Built
1861
MLS Number
202614240
30 Days Snapshot Of 12210
$367k
0%
(avg) sold price
0
-100%
homes sold
51
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Apartment"
Building
Architectural Style: "Traditional", Construction Materials: "Brick", Living Area: 2,511, Number Of Units Total: 4, Year Built: 1861
Exterior Features
Features: "None"
Heating
Heating: "Hot Water", "Natural Gas", Heating Included
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