Fantastic investment opportunity! This brick 4-family is just a 5-minute walk to Albany Medical Hospital and College, with Albany Law School, VA Hospital, and Washington Park all within 0.25 miles, ensuring high rental demand. The property boasts large windows that bring in tons of natural light and high ceilings that enhance the spacious feel of each unit.
Completely cleaned out and ready for you, this property needs a little TLC but has huge potential, easily generating $5,000+ in monthly rental income. This is an assignment of contract, so we're looking for a quick closing with a 10% EMD due at contract signing. Owner financing and creative financing options available! Don't miss out on this prime cash-flow opportunity—schedule your showing today!
Active
$324,999
528 Madison Avenue, Albany, NY 12208
5beds
1,994sqft
Quadruplex, Multi Family
Built in 1903
-- sqft lot
$322,300 Zestimate®
$163/sqft
$-- HOA
What's special
High ceilingsLarge windows
- 44 days
- on Zillow |
- 1,640 |
- 98 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 06:50am
Listing by:
Wolf River Real Estate, LLC 518-390-7059,
Angela Gonyo 518-390-7059
Source: Global MLS,MLS#: 202513314

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water
Features
- Flooring: Ceramic Tile, Hardwood
- Basement: Full
Interior area
- Total structure area: 1,994
- Total interior livable area: 1,994 sqft
- Finished area above ground: 1,994
- Finished area below ground: 950
Property
Features
- Exterior features: Other
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: 010100 76.23113
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $306,100
- Annual tax amount: $9,574
- Date on market: 3/13/2025
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