#202512272, Benjamin Hallow, Listing Office: Laviano & Assoc RE Group
173 Madison Ave Albany, NY 12202
Property details
About 173 Madison Ave
Prime Investment Opportunity at 173 Madison Avenue! Step into a seamless income-generating asset with this fully furnished 4-unit property, featuring 10 bedrooms, long-term stable tenants in 3 units, and a successful short-term rental in the 4th. This turnkey property is ideally located minutes from Empire Plaza and the Capitol, ensuring high rental demand year-round. Enjoy added perks like in-unit washer and dryer in two units, a private back deck and patio, the main sewer line has been replaced, new hot water tanks, new kitchen appliances on 1st fl, renovated bathrooms, high end security system & Yale lock keyless entry for each unit. The list goes on and on! With proven rental income, there's nothing left to do but start earning!
Highlights
Summary
- MLS Number: 202428293
- MLS Name: Global MLS
- Office Name: KW Platform
- Office Phone: (518) 724-5800
- Office Email: mweiss@kw.com
- Listing Agent: Andrea Tallman
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Last updated on: 3/11/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
173 Madison Ave
$8,016
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 05, 2010 | Home Sold | $180,000 |
Aug 26, 2005 | Home Sold | $252,500 |
May 10, 2004 | Home Sold | $45,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $195,000 | $- |
2022 | $195,000 | $7,992 |
2021 | $195,000 | $7,992 |
2020 | $195,000 | $7,992 |
2019 | $195,000 | $10,907 |
2018 | $195,000 | $8,296 |
2017 | $195,000 | $10,876 |
History based on county public records data.
Nearby schools
1
Giffen Memorial Elementary School
Public District PK-5
0.4 mi
•274 S Pearl St
4
Thomas S O'Brien Academy of Science & Technology
Public Magnet PK-6
0.6 mi
•94 Delaware Ave
2
Delaware Community School
Public District PK-5
1.1 mi
•43 Bertha St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,065. Most Albany, NY residents have annual incomes less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 173 Madison Ave in Albany, NY and zip code 12207 in the Mansion neighborhood. This 5,250 square foot home, which was built in 1853, sits on a 0.04 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $675,000.
In February 2025 more than 32 listings in Albany, NY were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 34 were sold below. The number of homes for sale in Albany, NY decreased by 20.5% between January and February 2025. While the average time on the market in February 2025 was 38 days, the median list price was $294,571.