$545,000
Albany, NY 12208
MLS# 202511192
Status: Closed
7 beds

1 / 44
Property Description
Investment opportunity! Across from Washington Park, walk to Albany Med complex or State Plaza. Multiple fireplaces are decorative ONLY - Much original detail -hardwood floors, decorative moldings, alcove, large bay window, skylight, deck. Don't Miss This!
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 731000
Sold Price: $545,000
Current Price: $545,000
Listing Contract Date: 2025-01-26
List Price/SqFt: 180.49
Location
Street Number: 578
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
City/Town (Mail): Albany
Cross Street: New Scotland Ave
Geo Lat: 42.655099
Geo Lon: -73.772974
Property Detail
Number Of Units Total: 7
Rooms Total: 23
Bedrooms Total: 7
Bathrooms Full: 7
Year Built: 1880
Above Grade Finished Area: 3496
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 894
Below Grade Finished Area Source: Public Records
Living Area: 3496
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Dimensions: 19 by 100
Lot Size Acres: 0.04
Main Road Frontage: 19
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-04-28
Under Contract Date: 2025-11-03
Sold Date: 2026-04-28
Sold Price: $545,000
Sold Price/SqFt: 155.89
Financial Details
General Taxes: 4084.74
General Taxes Description: Actual
School Taxes: 6528.88
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Full Bath 6: 3rd
Full Bath 7: Basement
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income: 40165
Rental Income Description: Actual
Gas Expense: 3130
Gas Expense Description: See Remarks
Insurance Expense: 2000
Miscellaneous Expense: 350
Miscellaneous Expense Description: Actual
Water Sewer Expense: 2000
Water Sewer Expense Desc.: Actual
Heat Expense (Est): 3130
Unit Information
Number Of Refrigerators: 7
Number Of Stoves: 7
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st fl f
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 900
Rent Desc. MF Unit 1: Actual
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 rear
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1000
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: 2 fl fr
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 785
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2f rear
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Estimated
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3flr fr
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 840
Rent Desc. MF Unit 5: Actual
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3 flr r
Occupant Type MF Unit 6: Vacant
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: basement
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1000
Rent Desc. MF Unit 7: Actual
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Property Features
Architectural Style: Townhouse
Attic Features: Hatch
Basement: Apartment; Exterior Entry; Walk-Out Access
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Fencing: Back Yard
Fireplace Features: Other
Flooring: Carpet; Hardwood; Tile
Foundation Details: Brick/Mortar; Stone
Heating: Hot Water
Interior Features: Ceramic Tile Bath; Crown Molding
Levels: Three Or More
Lot Features: Level; Road Frontage
Parking Features: None
Patio And Porch Features: Deck; Porch; Rear Porch
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Smoke Detector(s)
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Lockbox; No Sign; Occupied; Pet(s) on Premises; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; DSL Internet; Electricity
Window Features: Bay Window(s); Skylight(s)
View: Other
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Refrigerator; Stove
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 6 Includes: Kitchen; Living Room; Refrigerator; Storage
Unit 7 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Water
Unit 7 Includes: Bathroom; Kitchen; Living Room; Stove
Listing Courtesy of Real Estate Source Inc
Listing Agent: Mary Jo Cosco
518-449-1534 | re_source@msn.com
518-449-1534 | re_source@msn.com


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