Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting propertis.

Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting propertis. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

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on 49-51 Broad St
in Albany, NY
Presented by Samantha Curry at
New Scotland Realty.


Property MLS #202329927 from GlobalMLS

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+ Bedrooms

Bedrooms: 28

+ Bathrooms

Total Bathrooms: 12
Full Bathrooms: 12

+ Other Rooms

Basement Features: Full

+ Heating and Cooling

Heating Features: Forced Air, Hot Water
Heating: Yes

+ Interior Features

Flooring: Hardwood

+ Land Info

Lot Size Acres: 0.07
Lot Size Square Feet: 3049

+ School Information

High School: Albany
High School District: Albany
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Giffen Memorial Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions

Stephen And Harriet Myers Middle School is a public middle school located approximately 1.9 miles away.
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Albany High School is a public high school located approximately 2.2 miles away.
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Harriet Tubman Democratic High School is a private high school located approximately 0.2 miles away.
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+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 20318.34999999
Source Listing Status: Pending
County: Albany
Directions: Exit I-787 toward downtown Albany. Merge onto Broadway north. Continue 0.5 mi to a circle. Take 2nd exit onto S Pearl St. Turn left onto Morton Ave. Arrive at 49 Broad St.
Source Property Type: MultiFamily
Parcel Number: 76.65-2-80
Postal City: Albany
Zoning: Multi Residence
Property Subtype: 5+ Units
Source System Name: C2C
+ Reveal Property Sale History

Listed 2023-12-26
$720,000
GlobalMLS

+ Building and Construction

Total Square Feet Living: 11040
Year Built: 1940
Above Grade Finished Area: 11040
Construction Materials: Brick
Property Age: 84
Architectural Style: Low Rise

+ Utilities

Sewer: Public Sewer
Water Source: Public