About This Home
This 7-bedroom, 2-bathroom multi-family at 507 Central Avenue in Albany, NY is listed for $325,000 ($155 per sqft). Built in 1925, the home offers 2,100 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 1925
- 0.04 acre lot
Property Details
Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas u
tilities, month-to-month rental flexibility, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
507 Central Avenue
Albany, NY 12206
Property Details
Heating
Questions & Answers
This 7-bedroom, 2-bathroom multi-family at 507 Central Avenue is listed at $325,000 ($155/sqft). The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.04 acre lot.
This property is listed by Joseph P Cardinale and can be reached at 5187552064.




