261 Central Avenue, NY 12206

$2,199,000
5,952
SqFt

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Property Description

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.

Additional Information

Taxes
$17,073
Zoning
Commercial
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of listing agent Ryan Edson with Realty One Group Key Brokerage, 518-728-1511.

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