$335,000
Albany, NY 12210
MLS# 202525467
Status: Closed
6 beds
1 / 38
Property Description
Prime Investment Opportunity in Center Square! Fully rented three-unit property on a picturesque tree-lined street. Perfect for expanding your portfolio, making your first investment, or living in one unit while tenants pay the mortgage. With below-market rents and quiet, stable tenants, this property offers steady cash flow and strong upside potential. Separate gas, electric and washer dryer hookups. Tenants enjoy a shared yard, and the top-floor unit features a private rooftop patio with sweeping city views—ideal for fireworks. Just steps from the Empire State Plaza, Lark Street, hospitals, universities, parks, dining, and entertainment. On-street parking permits available through the city. With its prime location, solid returns, and historic charm, this is a must-see for investors and owner-occupants alike.
Details
Maps
Documents
Contract Information
Original List Price: 320000
List Price/SqFt: 105.82
Status: Closed
Property Sub Type: Triplex
Sold Price: $335,000
Current Price: $335,000
Listing Contract Date: 2025-09-09
Location
City/Town (Mail): Albany
Cross Street: S. Swan and Dove
Street Number: 339
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12210
Subdivision: Hudson Park
Geo Lat: 42.650645
Geo Lon: -73.763928
Property Detail
Rooms Total: 14
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3024
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 800
Below Grade Finished Area Source: CRS
Living Area: 3024
Fireplaces Total: 0
Zoning: Multi Residence
Lot Size Acres: 0.08
Main Road Frontage: 25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Bedrooms Total: 6
Bathrooms Full: 3
Year Built: 1841
Status Change Info
Sold Price/SqFt: 110.78
Status Change Date: 2025-11-18
Under Contract Date: 2025-09-13
Sold Date: 2025-11-17
Sold Price: $335,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76.32-3-47
Tax Annual Amount: 12729
Tax Section: 76.32
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 47
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Madsion Ave between South Swan and Dove
Public Remarks: Prime Investment Opportunity in Center Square! Fully rented three-unit property on a picturesque tree-lined street. Perfect for expanding your portfolio, making your first investment, or living in one unit while tenants pay the mortgage. With below-market rents and quiet, stable tenants, this property offers steady cash flow and strong upside potential. Separate gas, electric and washer dryer hookups. Tenants enjoy a shared yard, and the top-floor unit features a private rooftop patio with sweeping city views—ideal for fireworks. Just steps from the Empire State Plaza, Lark Street, hospitals, universities, parks, dining, and entertainment. On-street parking permits available through the city. With its prime location, solid returns, and historic charm, this is a must-see for investors and owner-occupants alike.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Triplex: 1
Electric
100 Amp Service: 1
Fencing
Back Yard: 1
Wood: 1
Financial Details
General Taxes: 5504
General Taxes Description: Actual
School Taxes: 7225
School Taxes Description: Actual
Attic Features
No Attic Access: 1
Cooling
Wall Unit(s): 1
Basement
None: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Lot Features
Level: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Laminate: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Metal: 1
Rubber: 1
View
Skyline: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Income And Expenses
Rental Income: 40260
Rental Income Description: Actual
Interior Features
Ceramic Tile Bath: 1
Stone Countertops: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Patio And Porch Features
Rear Porch: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Electricity: 1
Gas: 1
Unit Information
Number Of Air Conditoners: 1
Number Of Dishwashers: 3
Number Of Dryers: 3
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: ground
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1055
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd & 3r
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Dishwasher: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 1 Detail
Rent: 1050
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 5
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 1105
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Working Only
Total Rooms Unit 2: 5
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 1st Floor: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Total Rooms Unit 3: 4
Total Bedrooms: 2
Bedrooms on 3rd Floor: 2
Total Full Baths: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Some/All Negotiable: 1
Washer: 1
Refrigerator: 1
Unit 2 Dining Room Type
Formal Dining Room: 1
Unit 2 Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Washer: 1
Refrigerator: 1
Unit 3 Amenities
Skylight(s): 1
Unit 3 Dining Room Type
Combined DR/LR: 1
Unit 3 Appliances
Dishwasher: 1
Range: 1
Washer: 1
Refrigerator: 1
Property Features
Architectural Style: Traditional; Triplex
Attic Features: No Attic Access
Basement: None
Construction Materials: Brick
Cooling: Wall Unit(s)
Electric: 100 Amp Service
Exterior Features: None
Fencing: Back Yard; Wood
Flooring: Carpet; Ceramic Tile; Laminate; Wood
Foundation Details: Concrete Perimeter
Heating: Baseboard; Natural Gas
Interior Features: Ceramic Tile Bath; Stone Countertops
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Lot Features: Level
Owner Pays: Sewer; Trash Collection; Water
Patio And Porch Features: Rear Porch
Possession: At Closing
Roof: Metal; Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Utilities: Cable Available
View: Skyline
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Dishwasher; Dryer; Range; Some/All Negotiable; Washer; Refrigerator
Unit 2 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Dishwasher; Dryer; Range; Washer; Refrigerator
Unit 3 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 3 Amenities: Skylight(s)
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Dishwasher; Range; Washer; Refrigerator
PCD 
Listing Courtesy of Miranda Real Estate Group Inc
Listing Agent: Brenda M Larkin
518-588-6006 | brendamlarkin@gmail.com
518-588-6006 | brendamlarkin@gmail.com
