Address
49-51 Broad Street, Albany, NY
Price
$ 720,000
Property Attributes
- MLS#202329927
- TypePending
- CountyALBANY
- CityAlbany
- AreaAlbany
- Zip12202
- StyleLow Rise
- Year Built1940
- Taxes$ 20318
- Price$ 720,000
- Bedrooms28
- Full Bathrooms12
- Half Bathrooms0
- Sqr Footage11040
- Lot Size3,049 SqFt
Data Source:
Global MLS (GCAR)
Property Description
Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.
| High School |
|---|
| Albany High School |
| Price History | |
|---|---|
| 12/26/2023 | Listed $720,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Hot Water |
| Cooling | None |
| Possession | At Closing |
| Exterior Features | None |
| Zoning | Multi Residence |
| Garage Spaces | 0.0 |
| Architectural Style | Low Rise |
| Construction Materials | Brick |
| Year Built | 1940 |
| Tenant Pays | Hot Water,Heat,Internet,Electricity,Gas |
| Property SubType | 5+ Units |
| County | Albany |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Status | Pending |
| Buyer Financing | Conventional |
| Directions | Exit I-787 toward downtown Albany. Merge onto Broadway north. Continue 0.5 mi to a circle. Take 2nd exit onto S Pearl St. Turn left onto Morton Ave. Arrive at 49 Broad St. |
| ModificationTimestamp | 2024-04-08T15:30:52Z |
| High School | Albany |
| City | Albany |
| Buyer Agent Compensation | 2.00 |
| View Y/N | No |
| High School District | Albany |
| Total Units | 12 |
| Lot Size Square Feet | 3049.2 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Broad |
| Land Lease Y/N | No |
| Tax Annual Amount | 20318.35 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.hommati.com/3DTour-AerialVideo/unbranded/49-Broad-St-Albany-NY--HPI30439617 |
| Days on Market | 36 |
| Standard Status | Pending |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Albany |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Above Grade Finished Area | 11040.0 |
| Full Baths | 12 |
| BuyerOfficeEmail | [email protected] |
| Street Suffix | Street |
| Total Bedrooms | 28 |
| Electric On Property Y/N | No |
| Above Grade Finished Area Source | CRS |
| Total Baths | 12 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 0.07 |
| Spa | No |
| Lot Size Acres | 0.07 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 12202
Price
Taxes
Visits
Year Built
©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance
