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261 Central Avenue

Albany, NY 12206

Active

$2,199,000

Listing by:
Ryan Edson
Realty One Group Key
518-728-1511

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

$2,199,000
0.0
Bedroom
0
Bathroom
5,952
Sq. Ft.
$ 369
$/Sq. Ft.
0.05
Acres
Year Built:
1930
County:
Albany
Acres:
0.05
Listing Agent:
Ryan Edson
Listing Office:
Realty One Group Key
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Features

Square Feet: 5,952
Town: Albany
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $17,073
Water: Public
Sewer: Public Sewer
Heat: Electric, Heat Pump
Garage: 0
Exterior: Block, Brick
Cooling: Central Air, Wall Unit(s)
Parking Spaces: 0
Zoning: Commercial

Location



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