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About This Home
This 6-bedroom, 6-bathroom residential multi family at 371 Hudson Avenue in Albany, NY is listed for $625,000 ($175 per sqft). Built in 1930, the home offers 3,564 sqft of living space on a 0.05 acres lot.
PACKAGE PURCHSE AVAIABLE. TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallwa
ys and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built.
Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (369 & 373 Hudson) for a total of 3 buildings, 18 units total.
The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,275 est. per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage.
This building is exactly what the city has been trying to have developers build for affordable housing but a quarter of what it would cost to build. SERIOUS BUYERS WITH PROOF OF FUNDS, OR PRE APPROVED BUYERS ONLY. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
Key Features
- Built in 1930
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
371 Hudson Avenue
Albany, NY 12210
Washington Park
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Questions & Answers
This 6-bedroom, 6-bathroom residential multi family at 371 Hudson Avenue is listed at $625,000 ($175/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.05 acre lot. Exterior Features: Garden.
This property is listed by Christine L Sbardella and can be reached at 5183694856 or christine@518realty.com.





