1061 Madison Avenue, Albany, NY 12208

• 5 beds |
• 2 baths |
• 2,050 sqft

Property Description

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!

Listing Status:

Active

Date Added:

May 7, 2026

Data Last Updated:

May 20, 2026 at 2:40AM

Listing Office:

Miranda Real Estate Group Inc : 518-348-2060

Listing Agent:

Christopher Maley : 518-698-5669

MLS ID:

202616661

Interior

• General: Built-in Features
• Laundry: In Basement
• Basement: UnfinishedFull
• Flooring: LaminateHardwoodTile
• A/C: None
• Heating: Forced Air

Exterior

• General: None
• Style: Traditional
• Parking: None

Construction

• Roofing: Asphalt
• General: Vinyl SidingBlock

Location

• Originating MLS: Global MLS
• School District: Albany
• County: Albany

Lot

• Zoning: 010100 64.59-2-17
• Fencing: Back YardWood

Utilities

• Utilities: Cable Available150 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Global MLS