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
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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Listing information is deemed reliable, but not guaranteed.
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