173 Madison Avenue Albany, NY 12202

Multi-Family (2-4 Units) MLS #: 202428293 Courtesy Of KW Platform

$750,000

10 beds | 4 baths | 5,250 sq ft
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Est. Property Tax: $13,632
Estimated monthly payments: $4,415/mo.* (recalculate)

Property InformationDescription

Prime Investment Opportunity at 173 Madison Avenue!

Step into a seamless income-generating asset with this fully furnished 4-unit property, featuring 10 bedrooms, long-term stable tenants in 3 units, and a successful short-term rental in the 4th. This turnkey property is ideally located minutes from Empire Plaza and the Capitol, ensuring high rental demand year-round. Enjoy added perks like in-unit washer and dryer in two units, plus a private back deck and patio for guests and tenants. With proven rental income, there's nothing left to do but start earning. Don't miss out on this exceptional investment in Albany's most sought-after rental location!

Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Porch, Patio, Vaulted Ceiling
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Hardwood, Tile, Tile - Ceramic
  • Heating System: Baseboard
  • Lot Size: 0.04 Acres
  • View Type: City

MAP & DIRECTIONS

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173 Madison Avenue, Albany, NY 12202
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School Information

173 Madison Avenue, Albany, NY 12202

Elementary School
Grades PK-5 | Public School
GIFFEN MEMORIAL ELEMENTARY SCHOOL
Albany, NY 12202
274 S Pearl St
518.­475.6650
Distance: 0.4 mi
School Rating
F
Student:Teacher Ratio
13:1
Total Students
493
Middle School
Grades 6-8 | Public School
STEPHEN AND HARRIET MYERS MIDDLE SCHOOL
Albany, NY 12209
100 Elbel Ct
518.­475.6425
Distance: 1.9 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
627
High School
Grades 9-12 | Public School
ALBANY HIGH SCHOOL
Albany, NY 12203
700 Washington Ave
518.­475.6200
Distance: 1.9 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
2607
Other Nearby Schools Distance Type Grades School Rating
Bishop Maginn High School 0.2 mi Private 9-12
Thomas S O'brien Academy Of Science & Technology 0.6 mi Public PK-6 B-
William S. Hackett Middle School 0.7 mi Public 6-8 B-
Green Tech High Charter School 0.7 mi Public 6-12 D
Albany Community Charter School 0.8 mi Public KG-8 C+
Albany Leadership Charter High School For Girls 1.0 mi Public 9-12 D-
Edmund J O'neal Middle School Of Excellence 1.0 mi Public 6-8 F
Sheridan Preparatory Academy 1.1 mi Public PK-5 D-
Delaware Community School 1.1 mi Public PK-5 C+
Castle Island Bilingual Montessori 1.1 mi Private PK-KG
Arbor Hill Elementary School 1.1 mi Public PK-5 D+
Brighter Choice Charter School For Girls 1.3 mi Public KG-5 B-
Hebrew Academy Of The Capital District 1.4 mi Private KG-8
Brighter Choice Charter School For Boys 1.4 mi Public KG-5 C
Neil Hellman School/parsons Child & Family Center 1.4 mi Private 3-12
Albany Academy For Girls 1.4 mi Private PK-12
Kipp Tech Valley Charter School 1.6 mi Public KG-8 C+
Albany School Of Humanities 1.7 mi Public PK-6 C
Lasalle School 1.8 mi Private 6-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Albany, NY 12202

Median Age: 34.9
Married: 18%
Number of Households: 4,159
Households with Children: 26.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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