Sold for $350,000

$350,000

521 5th Ave, Albany, GA 31701

8beds

2,862sqft

MultiFamily

Built in 1947

-- sqft lot

$279,800 Zestimate^®

$122/sqft

$1,048 Estimated rent

Home value

$279,800

$249,000 - $308,000

$1,048/mo

Zestimate^® history

Owner options

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$1,048/mo

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$1,048/mo

Rent Zestimate^®

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$2,375/mo

Est. payment

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$2,375/mo

Est. payment

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What's special

Are you in the market looking to start your Real Estate Investment Portfolio? Or are you looking to add to your existing portfolio? This is a rare opportunity for grabs! The signature arch connecting the 2 buildings and the architectural detail is a must-see, original hardwood floor, the all brick apartments building are the epitome of charm and character blended together. Located between Tift Park & Rawson Circle, convenient to Phoebe Putney and everything Downtown Albany has to offer. Updated in 2007, many of the original features were preserved. Each unit features 2 bedrooms, 1 bathroom, Living Room and Kitchen. Shared washer & dryer for the complex. A new architectural shingle roof was installed in 2019 on both units. Attention all INVESTORS, you don't want to miss out on this opportunity!! Fully occupied with tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Other

Cooling

Central

Appliances

Included: Refrigerator

Features

Flooring: Hardwood

Interior area

Total interior livable area: 2,862 sqft

Property

Features

Exterior features: Brick

Lot

Size: 6,534 Square Feet
Features: Curb & Gutter

Details

Parcel number: 0000F00015003

Construction

Type & style

Home type: MultiFamily

Materials

brick
Foundation: Crawl/Raised
Roof: Asphalt

Condition

Year built: 1947

Utilities & green energy

Utilities for property: Electricity Connected

Community & HOA

Location

Region: Albany

Financial & listing details

Price per square foot: $122/sqft
Tax assessed value: $144,300
Annual tax amount: $2,923

Price history

Date	Event	Price
12/22/2023	Sold	$350,000+95.6%$122/sqft
Source: Public Record Report a problem
5/7/2021	Sold	$178,900$63/sqft
Source: SWGMLS #147237 Report a problem
3/26/2021	Listed for sale	$178,900+17.3%$63/sqft
Source: SWGMLS #147237 Report a problem
7/17/2019	Sold	$152,500+1.7%$53/sqft
Source: SWGMLS #143316 Report a problem
6/22/2019	Listed for sale	$150,000+63%$52/sqft
Source: RE/MAX OF ALBANY #143316 Report a problem
11/1/2006	Sold	$92,000+36.3%$32/sqft
Source: Public Record Report a problem
12/6/2005	Sold	$67,500$24/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,923 +6.1%	$57,720
2024	$2,754 +2.4%	$57,720
2023	$2,689 +7.5%	$57,720
2022	$2,502 +39.6%	$57,720 +40%
2021	$1,792 -0.4%	$41,240
2020	$1,799 -0.4%	$41,240
2019	$1,807 +7.4%	$41,240
2018	$1,683 -6.8%	$41,240
2017	$1,807 +7.3%	$41,240
2016	$1,684	$41,240
2015	$1,684 -0.3%	$41,240 +2%
2014	$1,688	$40,440