$325,000

$1,650Reward *

507 Central Avenue, Albany, NY 12206Listing ID 11738668

507 Central Avenue, Albany, NY 12206

Contingent

Last updated: 1 day ago

Property Type

Residential Income

Property Sub Type

Multi Family

Bedrooms

Bathrooms

Square Feet

2,100

Year Built

1925

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 utilities, 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.

Property Information

Property Details

Location

Address

507 Central Avenue

City

Albany

Zip Code

12206

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

2,100

Year Built

1925

Listing provided by Joseph Cardinale • HOWARD HANNA CAPITAL INC, (518) 371-4500

Market Report for 12206

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: State Listings, Inc

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright © 2026}} by My State MLS. All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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