Seize this rare opportunity to own a beautifully maintained 7-unit investment property in Albany, NY! Fully occupied and generating strong income, this property is a proven money-maker. Each unit has been updated and thoughtfully designed to maximize its potential. The property features its own parking lot, all separate utilities, as well as a dry, finished basement with coin operated washers and dryers. This building has been meticulously maintained for long term value and hassle-free ownership. Located in a desirable area with easy access to local amenities & highways, this is a turnkey investment you dont want to miss!
Closed
$750,000
56 Second Avenue, Albany, NY 12202
14beds
5,601sqft
Multi Family, Apartment
Built in 1901
-- sqft lot
$750,100 Zestimate®
$134/sqft
$1,699 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 01:28pm
Listed by:
Mark J Goodall 518-577-8039,
Core Real Estate Team
Bought with:
Mark J Goodall, 10301221476
Core Real Estate Team
Source: Global MLS,MLS#: 202514871

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Baseboard, Electric
Cooling
- Window Unit(s)
Features
- High Speed Internet, Built-in Features
- Flooring: Vinyl, Carpet, Ceramic Tile, Laminate
- Basement: Apartment,Finished,Full,Walk-Out Access
Interior area
- Total structure area: 5,601
- Total interior livable area: 5,601 sqft
- Finished area above ground: 5,601
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Off Street, Paved, Driveway
- Has uncovered spaces: Yes
Features
- Exterior features: Garden
- Has view: Yes
- View description: City
Lot
- Size: 4,791 sqft
- Features: Road Frontage, Corner Lot
Details
- Parcel number: 010100 76.7232
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Flat,Rubber,Built-Up
Condition
- Year built: 1901
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), 24 Hour Security, Carbon Monoxide Detector(s)
Location
- Region: Albany