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507 Central Avenue
Albany NY 12206 US

$325,000

Active Listing ID 11738668
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7 bed
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2.00 Bath (2 Full)
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Lot: 0.04 Acres
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Other

$325,000

Active Listing ID 11738668
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507 Central Avenue Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas utilities, month-to-month rental flexibility, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Asphalt
  • Heating Fuels: Baseboard, Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 325000
  • unparsedaddress: 507 Central Avenue
  • postalcity: Albany
  • stateorprovince: NY
  • country: US
  • postalcode: 12206
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 2100
  • livingareaunits: Square Feet
  • latitude: 42.669769
  • longitude: -73.777848
  • listagentfullname: Joseph Cardinale
  • listagentemail: josephcardinale@howardhanna.com
  • listagentkey: 3yd-NYSMLS-99749
  • listagentmlsid: 99749
  • listagentpreferredphone: 5187552064
  • listagentofficephone: 5183714500
  • listofficekey: 3yd-NYSMLS-9551
  • listofficemlsid: 9551
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1925
  • yearbuilteffective: 1925
  • listingcontractdate: 2026-05-13
  • countyorparish: Albany
  • parcelnumber: 010100 65.37-2-13
  • elementaryschooldistrict: ALBANY CITY SCHOOL DISTRICT
  • middleorjuniorschooldistrict: ALBANY CITY SCHOOL DISTRICT
  • highschooldistrict: ALBANY CITY SCHOOL DISTRICT
  • appliances: Refrigerator
  • heating: Baseboard, Electric (Heating)
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.77785, 42.66977
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HOWARD HANNA CAPITAL INC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"josephcardinale@howardhanna.com", "ListBrokerageCity":"CLIFTON PARK", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"HOWARD HANNA CAPITAL INC", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1547 RTE 9", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1547 RTE 9", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"CLIFTON PARK", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"12065", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit (2-4) - Albany, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/507-Central-Ave_Albany_NY_12206_M39360-85509?f=listhub&s=NYSMLS&m=11738668&c=rexren", "MLSModificationTimestamp":"2026-05-14T13:07:59Z", "Neighborhoods":[{"Description":null, "Name":"West Hill"}], "PostalCode":null, "RawPropertySubType":"Multi-Unit (2-4)", "RawPropertyType":"Multi-Unit (2-4)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/14/2026 7:04:47 PM GMT
Source Updated Date: 5/17/2026 6:45:57 AM GMT

Courtesy of: Joseph Cardinale, HOWARD HANNA CAPITAL INC, josephcardinale@howardhanna.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.