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1061 Madison Avenue Albany, NY $ 250,000
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$ 250,000 Get more info
1061 Madison Avenue
$ 250,000
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1061 Madison Avenue

Albany, NY, 12208
$ 250,000
Bedrooms5 Baths2.0 Sq 2,050

Monthly Estimate*

$ 1,539

1061 Madison Avenue, Albany, NY 12208 - Image 1
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1061 Madison Avenue, Albany, NY 12208 - Image 11

Multi-Family Home for sale in Albany, NY

for $250,000 with 5 bedrooms and 2 full baths. This 2,050 square foot home was built in 1900 on a lot size of 0.08.

Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

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Multi-Family Active

Price

$ 250,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,520

Style

Traditional

Lot Size

0.08

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202616661
Features
Interior
Interior Amenities Built-in Features
Basement Full Unfinished
Flooring Tile Hardwood Laminate
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 2050.0
Half Baths 0
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Utilities Cable Available
Possession At Closing
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Front Porch
Architectural Style Traditional
Security Features Carbon Monoxide Detector(s)
Construction Materials Vinyl Siding
Year Built 1900
Electric 150 Amp Service
Tenant Pays Electricity Gas
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions Madison Ave between Main and West Lawrence
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3484.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6520.31
Electric Expense 125.0
Home Warranty Y/N N
Fuel Expense 125.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 17.000
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Exterior
Exterior Amenities None
Fencing Wood Back Yard
Parking Features None
Lot Features Level
Water Source Public
Lot Size Area 0.08
Foundation Details Block
Spa N
Lot Dimensions 33x100
Lot Size Acres 0.08
Waterfront Y/N N
Door Features Sliding Doors
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1061
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* Excluded Features
List By
Christopher Maley

Listing Agent

Miranda Real Estate Group Inc

Broker

(518) 698-5669

Phone

chrismaleyrealestate@gmail.com

Email

Affordability Calculator

$2,083
Per Month
74%
26%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$543
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2026$250,000 Listed Price

Map

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1061 Madison Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $250,000 with 2,050 sqft and a lot size of 0.08. 1061 Madison Avenue has 5 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 12208 which is in Albany, NY

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