Price $830,000
Status Active
Beds 9
Baths 9 Baths
Home size 3,438 sqft
Lot Size 1,743 sqft
Days on Market 17
Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying instant income from the 5 fully rented 1-bed/1-bath apartments. Let your tenants offset your mortgage while you enjoy proximity to downtown, Lark Street, Albany Law, Albany Med, shops, parks, cafés, & restaurants. For investors, the numbers speak for themselves: projected long-term rental income of $85,600 annually with potential to increase. Or take advantage of Albany's strong demand for short-term rentals"”this brownstone previously operated as a bed & breakfast and is ideally suited for Airbnb or furnished executive rental use. Whether you're seeking an exceptional owner-occupied residence, a cash-flowing portfolio addition, or a unique hybrid investment, this prime corner of Washington Park delivers unmatched versatility and character. One address, one tax bill, endless opportunity in the heart of Albany. Valid ROP's through 4/29/27. Proforma & Rent Roll in MLS documents. Limited showing schedule & 24 hour notice required. Agent related to seller.
Property Type(s): Multi Family
Last Updated 11/18/2025 Tract Center Square
Year Built 1867 County Albany

SCHOOLS

High School Albany

Additional Details

AIR None
BASEMENT Interior Entry, Other, Unfinished, Walk-Out Access, Yes
CONSTRUCTION Brick
EXTERIOR None
HEAT Hot Water, Natural Gas, Radiant
INTERIOR Built-in Features, Crown Molding, High Speed Internet
LOT 1742 sq ft
LOT DESCRIPTION Corner Lot, Views
LOT DIMENSIONS 0.04
SEWER Public Sewer
STYLE Other
SUBDIVISION Center Square
TAXES 11736
UTILITIES Cable Available, Sewer Connected
VIEW Yes
VIEW DESCRIPTION Other, Trees/Woods, City, Downtown
WATER Public

Location

 

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