Brick Multifamily
For Sale
$130,000
13 Lexington Avenue, Albany, NY 12206
Brick multifamily property in Albany requiring complete rehabilitation, sold as-is for cash buyers.
Property Size1,532 SF
Price / SF$84.86
Days on Market74
Property Features for 13 Lexington Avenue
General Information
Standard status
Active
Size
1,532 SF
Property subtype
Multi-family
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
Howard Hanna Capital Inc
Listed By:
Nicole Wilkie
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 10
Changed: Aug 21
Last Checked: Aug 21 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Capital Inc
Investment Insights
Based on property information with market context.
This brick multifamily property is a handyman special that requires complete rehabilitation. It is being sold as-is, with no repairs or updates provided by the seller. The offering is positioned for investors, contractors, flippers, or owner-occupants who are prepared to bring the property up to condition using their own vision and resources.
The property is located in Albany School District and is described as being close to major highways and public transportation. It also notes proximity to shopping, restaurants, schools, hospitals, and downtown Albany amenities, supporting convenient day-to-day access for future occupants.
For a buyer who wants to manage a full renovation scope, this building can be suited to a long-term residential rental strategy or an owner-occupant redevelopment plan. The listing also notes low taxes, and the seller is specifically requesting cash offers only. If you are looking for a value-focused entry point into a residential income asset that needs substantial work, this as-is multifamily property is ready for your assessment and renovation planning.
The property is located in Albany School District and is described as being close to major highways and public transportation. It also notes proximity to shopping, restaurants, schools, hospitals, and downtown Albany amenities, supporting convenient day-to-day access for future occupants.
For a buyer who wants to manage a full renovation scope, this building can be suited to a long-term residential rental strategy or an owner-occupant redevelopment plan. The listing also notes low taxes, and the seller is specifically requesting cash offers only. If you are looking for a value-focused entry point into a residential income asset that needs substantial work, this as-is multifamily property is ready for your assessment and renovation planning.
Key Highlights
- Brick multifamily property in the Albany School District
- Built in 1900
- Requires complete rehabilitation and is sold as‑is
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,374
Businesses Nearby
Explore this area
Business Placement
Demographics for 12206, NY
17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Brick multifamily property in Albany requiring complete rehabilitation, sold as-is for cash buyers.
Where is this multifamily property located?
The property is located at 13 Lexington Avenue Albany, NY.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Brick multifamily property in the Albany School District; Built in 1900; Requires complete rehabilitation and is sold as‑is
