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Investment Highlights

  • Downtown View
  • 1-minute walk to Washington Park
  • Corner Lot

Executive Summary

Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying instant income from the 5 fully rented 1-bed/1-bath apartments. Let your tenants offset your mortgage while you enjoy proximity to downtown, Lark Street, Albany Law, Albany Med, shops, parks, cafés, & restaurants. For investors, the numbers speak for themselves: projected long-term rental income over $94k annually with potential to increase. Or take advantage of Albany's strong demand for short-term rentals--this brownstone previously operated as a bed & breakfast and is ideally suited for Airbnb or furnished executive rental use. Whether you're seeking an exceptional owner-occupied residence, a cash-flowing portfolio addition, or a unique hybrid investment, this prime corner of Washington Park delivers unmatched versatility and character. If you truly want to maximize the return on this unique investment, convert this corner into 3 separate residential buildings that can be sold individually to enhance future resale value.

Property Facts

Price $1,066,634 CAD
Price Per Unit $177,772 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 6,260 SF
Average Occupancy 83%
No. Stories 3
Year Built 1867

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 - -
4+3.5 1 - -
Exceptionally walkable
90/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
010100-076-023-0003-079-000-0000
Land Assessment
$82,930 CAD
Improvements Assessment
$366,929 CAD
Total Assessment
$449,859 CAD
  • Listing ID: 40361776

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 70 Willett St, Albany, NY 12210

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