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  • $775,000

    56 Second Avenue, Albany, NY 12202

    14beds
    5,601sqft
    Multi Family, Apartment
    Built in 1901
    -- sqft lot
    $736,200 Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Dry finished basementOwn parking lot
    Seize this rare opportunity to own a beautifully maintained 7-unit investment property in Albany, NY! Fully occupied and generating strong income, this property is a proven money-maker. Each unit has been updated and thoughtfully designed to maximize its potential. The property features its own parking lot, all separate utilities, as well as a dry, finished basement with coin operated washers and dryers. This building has been meticulously maintained for long term value and hassle-free ownership. Located in a desirable area with easy access to local amenities & highways, this is a turnkey investment you dont want to miss!
    17 days
    on Zillow
    |
    1,149
    |
    93
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 03:50pm

    Listing by:

    Core Real Estate Team 518-326-0840,

    Mark J Goodall 518-577-8039

    Source: Global MLS,MLS#: 202514871MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 56 Second Avenue.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Features
    • High Speed Internet, Built-in Features
    • Flooring: Vinyl, Carpet, Ceramic Tile, Laminate
    • Basement: Apartment,Finished,Full,Walk-Out Access
    Interior area
    • Total structure area: 5,601
    • Total interior livable area: 5,601 sqft
    • Finished area above ground: 5,601
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 7
    • Parking features: Off Street, Paved, Driveway
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Garden
    • Has view: Yes
    • View description: City
    Lot
    • Size: 4,791.6 Square Feet
    • Features: Road Frontage, Corner Lot
    Details
    • Parcel number: 010100 76.7232
    • Zoning description: Multi Residence
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Brick/Mortar
    • Roof: Flat,Rubber,Built-Up
    Condition
    • Year built: 1901

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s), 24 Hour Security, Carbon Monoxide Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $138/sqft
    • Annual tax amount: $13,000
    • Date on market: 4/9/2025
    • Tenant pays: Hot Water, Heat, Electricity
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