363 Madison Avenue, Albany, NY 12210 (MLS# 202510742)


$308,000
363 Madison Avenue
Albany, NY 12210
MLS# 202510742
Status: Closed
3 beds


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Property Description
This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! All 3 Units have been renovated and would make for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $43,200 per year in gross rent. This property can be sold as well with 361 Madison Ave (Next door 3 Unit) if an investor was interested in packaging both together.

Details
Maps
Documents
Contract Information
Original List Price: 349900
List Price/SqFt: 161.54
Status: Closed
Property Sub Type: Triplex
Sold Price: $308,000
Current Price: $308,000
Listing Contract Date: 2025-01-15
Location
City/Town (Mail): Albany
Street Number: 363
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.651223
Geo Lon: -73.764936
Property Detail
Rooms Total: 9
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2166
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 722
Below Grade Finished Area Source: CRS
Living Area: 2166
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 3
Bathrooms Full: 3
Year Built: 1886
Status Change Info
Sold Price/SqFt: 142.2
Status Change Date: 2025-03-06
Under Contract Date: 2025-01-31
Sold Date: 2025-03-06
Sold Price: $308,000
Parcel, Tax, HOA
Parcel Number: 010100 76.32-3-63
Tax Annual Amount: 6734
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Between Dove Street and S Swan Street
Public Remarks: This property is a 3 Unit Building located in the highly sought after Center Square neighborhood. Within a short walk to Lark St, Washington Park, Empire State Plaza, and all that Downtown Albany has to offer! All 3 Units have been renovated and would make for a great owner occupied opportunity OR a great opportunity for an investor to place their own tenants at market rents. Once fully occupied this property as the potential to bring in roughly $43,200 per year in gross rent. This property can be sold as well with 361 Madison Ave (Next door 3 Unit) if an investor was interested in packaging both together.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
General Taxes: 2842
General Taxes Description: Estimated
School Taxes: 3891
School Taxes Description: Estimated
Attic Features
None: 1
Cooling
None: 1
Basement
Apartment: 1
Finished: 1
Full: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: Basement
Construction Materials
Brick: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Vinyl: 1
Wood: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
No Disclosures: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Baseboard: 1
Electric: 1
Income And Expenses
Rental Income: 43200
Rental Income Description: Yearly
Parking Features
Parking Total: 1
Off Street: 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1200
Rent Desc. MF Unit 1: Estimated
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 1 Detail
Rent: 1200
Rent Description Unit 1: Estimated
Occupant Type Unit 1: Vacant
Total Rooms Unit 1: 3
Total Bedrooms: 1
Bedrooms In Basement: 1
Total Full Baths: 1
Full Baths In Basement: 1
Unit 2 Detail
Rent: 1200
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
Total Rooms Unit 2: 3
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Estimated
Occupant Type Unit 3: Vacant
Total Rooms Unit 3: 3
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Apartment; Finished; Full; Walk-Out Access
Construction Materials: Brick; Wood Siding
Cooling: None
Exterior Features: None
Flooring: Laminate; Vinyl; Wood
Heating: Baseboard; Electric
Parking Features: Off Street
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service; Sign on Property
Special Listing Conditions: No Disclosures
Water Source: Public

IDX
Listing Courtesy of Core Real Estate Team
Listing Agent: Giovanni Lisi
518-326-0840 |
Source MLS Verified

Information deemed reliable but not guaranteed.