Everybody has been watching Downtown New Albany grow and grow. New restaurants, new retail, new apartments and more. New condo project Spring 2017. So you need to invest in Downtown - start here. Income ..---. New $40000 roof, relined box gutters, 2 new water heaters, new carpet on stairwells, 8 One Bedroom and 1 Two Bedroom, 9 Kitchens with appliances 5 years old or less, 9 full baths, and 4 half baths. Central steam radiator heat with individual GE Zone Heat/Air Units, lower level storage, washer and dryers lower level.