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a Charlotteville Realty Team

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      Property at 1061 Madison Avenue, Albany, NY 12208
      ACTIVE
      0
      $250,000

      1061 Madison AvenueAlbany, NY, 12208

      5 Beds2 Baths2,050 SqFt0.08 Acres
      Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!
      1 / 11

      Est. Monthly

      $1,185/mo

      $250,000

      1061 Madison Avenue, Albany, NY

      5 Beds2 Baths2,050 SqFt0.08 Acres

      Great investment opportunity in a PRIME Albany Location. Situated right across from Madison Theater and within walking distance to shops, parks, hospitals, and all the entertainment Madison Ave has to offer! With the upstairs unit on a 3-month lease and charged below market rent, this versatile duplex offers immediate income and strong upside potential. The first-floor unit features hardwood floors and a practical, functional layout. Upstairs, you'll find a spacious 4-bed, 1-bath unit highlighted by an airy living room with high ceilings and oversized windows that flood the space with natural light. Additional perks include separate utilities and a fenced-in backyard. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property delivers flexibility, value, and income growth potential. Pictures are from when property was vacant. Sold ''as-is.'' Schedule your showing today!

      StatusActive
      Property TypeMulti Family
      Property SubtypeDuplex
      Year Built1900
      Days on Market2 days

      Est. Monthly Payment

      $1,184.99

      %
      %
      yr

      Private Mortgage Insurance

      Not required

      Affordability Checkoptional
      $

      Enter your annual income to check affordability

      Property Details

      Property Information

      1061 Madison Avenue

      Albany, NY 12208 • Albany
      5
      Beds
      2
      Baths
      2,050
      SqFt
      0.08
      Acres
      Status
      Active
      Property Type
      Multi Family
      Property Subtype
      Duplex
      Year Built
      1900126 years ago
      Days on Market
      2 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $6,520
      • School Taxes
        $3,384
      • Town/County Taxes
        $3,136
      Property History
      • Listed for sale
        May 7, 2026 • GLOBAL MLS • 202616661
        $250,000
      Mortgage Calculator
      Estimated monthly payment for this property
      $1,184.99
      Down Payment
      Interest Rate
      Loan Term
      %
      %
      yearsyrs.
      Affordability Checkoptional
      $

      Enter your annual income to see if this home fits your budget

      Private Mortgage Insurance

      Not required — down payment above 20%
      MLS Information
      • Source
        Global MLS
      • MLS#
        202616661
      • Listing Office
        Miranda Real Estate Group Inc
      • Last Updated
        1 day ago

      Climate & Systems

      • Heating
        Forced Air

      Interior Features

      • Flooring
        • Laminate
        • Hardwood
        • Tile
      • Doors
        Sliding Doors
      • Basement
        • Unfinished
        • Full
      • Interior Features
        Built-in Features

      Parking

      • Parking Features
        None

      Lot & Grounds

      • Lot Size
        0.08 acres
      • Lot Features
        Level
      • Fencing
        • Back Yard
        • Wood
      • Patio & Porch
        Front Porch
      • Exterior Features
        None

      Type

      • Property Type
        Multi Family
      • Property Subtype
        Duplex
      • Architectural Style
        Traditional

      Structure

      • Construction
        Vinyl Siding
      • Roof
        Asphalt
      • Foundation
        Block

      Condition

      • Year Built
        1900
      • Days on Market
        2 days
      • Water
        Public
      • Sewer
        Public Sewer
      • Electric
        150 Amp Service
      • Utilities
        Cable Available

      607-282-6242, (607) 282-6242, or +1 607 282 6242

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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