52 Park Avenue
Property Description
When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.
Broker Details
KW Platform (518) 724-5800
MLS ID: 3552 State License Number: 30VA0727304
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $329,777 |
| No. of Units: | 3 |
| Year Built: | 1866 |
| Lot Size: | 3,300.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $109,926 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-CRMLSNY-202622735
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1022 W CENTRE Street
ASHLAND, Pennsylvania
225-227 SHULTZ Road
PINE GROVE, Pennsylvania
4820 PENN Street
PHILADELPHIA, PennsylvaniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout