Kimberly Maxson
Licensed Real Estate Salesperson
REALTOR®
Oneonta, NY
Office: (607) 435-3280 (607) 435-5592 Cell

507 Central Avenue, Albany, NY 12206

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$325,000 Active
5 Beds 2 Baths 0 Partial Bath 2,100 Sq Ft 0.04 Acres
Days on Site 6 Year Built 1925 School Albany MLS #202617063
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Property Description

Completely Remodeled 2 Unit, 1st floor 4 Bedroom 1 Bath, 2nd Floor 3 Bedroom 1 Bath, Estimated CAP RATE over 14%. New heating systems, new windows, new Kitchens and baths. Completely redone!! fantastic investment or owner occupy opportunity!!! This two-family investment property Income-producing duplex for sale in Albany separate electric and gas utilities, month-to-month rental flexibility, formal dining rooms, full kitchens, basement storage, attic space, and baseboard heat. Conveniently located near downtown Albany, shopping, restaurants, parks, public transportation, and major highways within the Albany School District.

507 Central Avenue | MLS# 202617063

This multi-family property located at 507 Central Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $325,000. Central Avenue is located within the Albany school district. Search Albany real estate on kimberly-maxson.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Heating: Baseboard, Electric
Home Style: Other
Lot Size: 0.04 Acres
Roof Type: Asphalt
Taxes: $3,674
Year Built: 1925

Feature Descriptions

Days on Site: 6
Exterior: None
Exterior: Other
Parcel #: 010100 65.37-2-13
Sewer: Public Sewer
SQFT Above Grade Finished: 2100
Water: Public

Local Schools

High School: Albany
School District: Albany
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507 Central Avenue, Albany, NY 12206

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Estimated Payment

$ 1,124.27 per month $723.31 Principal & Interest $306.17 Property Tax $94.79 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-371-4500

Shown By

Agent Name: Kimberly Maxson
Agent Phone: (607) 435-5592 Cell
Agency Title: Timberland Properties

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Kimberly Maxson
Kimberly Maxson Licensed Real Estate Salesperson Cell: (607) 435-5592 Email Me
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/19/2026. The listing information on this page last changed on 05/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/19/2026 7:07:13 AM EST) or Global MLS (last updated Mon 05/18/2026 8:11:49 AM EST) or New York State Alliance MLS (last updated Tue 05/19/2026 2:34:43 AM EST) or Hudson Valley Catskill Region MLS (last updated Tue 05/19/2026 6:29:57 AM EST) or OneKey MLS (last updated Tue 05/19/2026 6:30:34 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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