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Off market
  • $198,000

    509 Central Ave, Albany, NY 12206

    6beds
    2,068sqft
    MultiFamily
    Built in 1927
    -- sqft lot
    $198,000 Zestimate®
    $96/sqft
    $1,656 Estimated rent

    Home value

    $198,000

    $168,000 - $228,000

    $1,656/mo

    Zestimate® history
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    $1,656/mo

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    $1,656/mo

    Rent Zestimate®

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    $1,119/mo

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    $1,119/mo

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    What's special

    Well-kept and fully rented 2-Family with a desirable cap rate. Long term tenants in Unit 1, Unit 2 has recently been updated and had a new heating system put in. Brand new hot water tanks and boilers installed for both units. Rents can be higher to give you even more of a return. Centrally located to shops, restaurants, Washington Park, state buildings, SUNY Albany and right on the bus line.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • High Speed Internet, Built-In Cabinets
    • Flooring: Tile, Hardwood, Laminate
    • Basement: Full
    Interior area
    • Total interior livable area: 2,068 sqft

    Property

    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 2,178 Square Feet
    Details
    • Parcel number: 0101006537212

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Two Story
    Materials
    • Roof: Other
    Condition
    • Good
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $96/sqft
    • Tax assessed value: $120,833

    Price history

    DateEventPrice
    2/8/2024Listing removed--
    Source: Global MLS #202325886 Report a problem
    10/3/2023Listed for sale$249,000+201.8%$120/sqft
    Source: Global MLS #202325886 Report a problem
    6/12/2019Sold$82,500-17.5%$40/sqft
    Source: Global MLS #201915997 Report a problem
    5/5/2019Pending sale$100,000$48/sqft
    Source: Keller Williams Capital Dist #201915997 Report a problem
    4/6/2019Price change$100,000-13%$48/sqft
    Source: Keller Williams Realty Capital District #201915997 Report a problem
    3/4/2019Listed for sale$115,000$56/sqft
    Source: Cornwell Real Estate #201913561 Report a problem
    1/20/2019Listing removed$115,000$56/sqft
    Source: Keller Williams Realty Capital District #201910283 Report a problem
    1/5/2019Listed for sale$115,000+35.3%$56/sqft
    Source: Keller Williams Capital Dist #201910283 Report a problem
    3/20/2017Listing removed$85,000$41/sqft
    Source: Xome Distressed #P111F4M Report a problem
    2/25/2017Price change$85,000-14.9%$41/sqft
    Source: Xome Distressed #P111F4M Report a problem
    12/21/2016Listed for sale--
    Source: Auction.com Report a problem
    10/17/2011Listing removed$99,900$48/sqft
    Source: Listhub #201114851 Report a problem
    5/1/2011Listed for sale$99,900+0.2%$48/sqft
    Source: Listhub #201114851 Report a problem
    6/9/2010Listing removed$99,700$48/sqft
    Source: RE/MAX Premier #29113039 Report a problem
    7/11/2009Listed for sale$99,700+149.3%$48/sqft
    Source: RE/MAX Premier #29113039 Report a problem
    10/15/2002Sold$40,000$19/sqft
    Source: Global MLS #2216892 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $116,000
    2024-- $116,000 +50.6%
    2023-- $77,000
    2022-- $77,000
    2021-- $77,000
    2020-- $77,000
    2019-- $77,000
    2018-- $77,000
    2017$3,855 -8.3%$77,000
    2016$4,203 $77,000 +4.2%
    2015-- $73,900
    2014-- $73,900
    2013-- $73,900
    2012-- $73,900
    2011-- $73,900
    2010-- $73,900
    2009-- $73,900
    2008-- $73,900
    2007-- $73,900 -1.1%
    2006-- $74,700
    2005-- $74,700
    2004-- $74,700
    2003-- $74,700 +2.6%
    2002-- $72,800
    2001-- $72,800
    2000-- $72,800
    Find assessor info on the county website

    Neighborhood: West Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Albany

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.