Description

Prime investment opportunity in Albany! This duplex at 512 Cherry Avenue offers immediate upside with one unit already fully renovated and rent-ready, while the other side provides value-add potential for increased cash flow. The updated unit features modern finishes and is ideal for attracting quality tenants at market rent. Investors will appreciate the flexibility to generate income right away while completing renovations on the second unit to maximize returns. Whether you're looking to house-hack, expand your rental portfolio, or capitalize on a fix-and-hold strategy, this property checks all the boxes. Conveniently located near local amenities, schools, and major roadways, this property is positioned for strong rental demand. Don't miss this chance to secure a partially renovated income-producing asset with built-in equity potential!

Property Details

Property Type

Residential

Subtype

Duplex/Quad/Multi-Unit

Bedrooms

4

Bathrooms

2

Full Baths

2

Half Baths

0

Living Area

7,500 sq ft

Lot Size

0.17 acres

Year Built

1920

City

Albany

Subdivision

Ragsdale

County

Dougherty

Parking

Driveway Only

Cooling

Central Electric

MLS Area

Southeast Albany

Parcel #

000HH/00026/022

Location