Nicely maintained maisonette-style property situated along one of Hudson Park's rare cobblestone blocks. Easily accessible to Washington & Hudson/Jay St Parks, Albany Medical Center & St. Peter's Hospital's, SUNY, Albany Law & Pharmaceutical campuses, Lark St corridor, state & legislative institutions, coffee shops, galleries, nightlife and an array of other desirable downtown entities. Separate residences spanning over 2,400+ SQFT across three aesthetically pleasing levels, this historical home features 3 bedrooms, 3 1/2 baths, modern amenities throughout, a private oasis-like backyard & so much more. Additional highlights include bamboo/wood floors, SS appliances, 2nd FL W/D, ceramic tile bath w/soaking tub & skylights. Garden unit is currently being leased for $1,200/month, $14,400 annually with the tenant responsible for paying all utilities - leased until 7/1/2027. A smart investment or savvy owner-occupied opportunity - let your tenant assist with the mortgage while you build equity.
Great opportunity to own a versatile multi-unit property in the heart of Albany! 50 Park Ave features two currently occupied units plus a basement unit to be vacant at time of closing, offering flexibility for an owner-occupant or the opportunity to place a new tenant and maximize rental income. The property also includes a detached garage with two garage spaces. Conveniently located near Lincoln Park, the Empire State Plaza, downtown Albany, restaurants, shopping, and major commuter routes. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income while occupying the available unit, this property offers plenty of possibilities.
Cash Flowing 2 Family with great rental history bringing in just under 3k a month. A great addition to the existing portfolio or the owner occupant starting out. Located close to 787 and I87 corridor.
Modern Two Family in Center Square Albany. Two Level Townhome with Garden Income Apartment. Townhouse has open floor plan first floor with modern kitchen and half bath. Kitchen opens to a large deck and low maintenance garden. Gas fireplace. Second floor has two bedrooms, a small office and full bath with jetted tub. Central Air and Hot Water Heat. Garden Level is a Cozy one bedroom with garden access. 2005 Historic Albany Preservation Award.
Beautifully renovated from top to bottom, this two-family home is ideally situated on a low-traffic dead-end street in Albany. Conveniently located near shopping, restaurants, parks, and everyday amenities, with easy access to both Albany and Bethlehem. Recent updates include renovated kitchens and baths in both units, a newer roof, updated heating systems, and newer windows. The spacious second-floor owner's unit features two bedrooms, including a generously sized primary bedroom that was previously two separate bedrooms, plus a large living room and dining room. An enclosed porch provides additional living space, while a charming alcove offers the perfect spot for a small home office or reading nook. The well-maintained and updated first-floor rental offers three bedrooms and is currently occupied by a tenant with a 12-month lease through April 1, 2027. A full basement provides plenty of storage, along with separate utilities and two laundry areas. An inviting front porch and large, level, fully fenced backyard provide appealing outdoor spaces for relaxing and entertaining. The lush yet manageable yard offers plenty of room for gardening, play, or simply enjoying the outdoors. A great opportunity for an owner occupant looking for rental income, an investor seeking a well-maintained two-family property, or anyone looking for the flexibility and income potential of a multi-family home in a convenient Albany location.
Attention Investors !! Looking to start or add to your business portfolio this could be a long term money maker 3 Family units rent could be higher. All showing are 48 hrs notice, Prequalified letter or proof of funding before any appointments are confirmed. ,Sold as is.
Excellent multifamily investment opportunity in the desirable Manning Boulevard area. This three-family property offers a versatile unit mix with a spacious first-floor 4 to 5 bedroom apartment and two second-floor one-bedroom apartments. The first-floor layout offers potential for student housing, while the two upper units each feature a private porch. Conveniently located near colleges, hospitals, shopping, restaurants, and major amenities, making this an attractive location for tenants. Large fenced yard provides additional outdoor space for recreation, entertaining, or pets. A great opportunity for investors seeking an income-producing multifamily property with multiple rental units and strong location appeal.
Beautiful brick 4-unit building that has been updated throughout while maintaining original characteristics. Large apartments with generous layouts for each. 2-car garage with gate to backyard space. Fully rented but third floor can be delivered vacant. Currently a 4-unit with possibility of converting to 6 units.
This Albany duplex offers 1,848 sq ft with 4 bedrooms and 2 full baths. Each unit has real breathing space, which is a rare find at this price point. Investors, this one's for you: live in one unit and let the other help cover the mortgage, or add it to your portfolio as a straightforward rental. It's zoned multi-residence and sits on a 3,192 sq ft lot, with quick access to downtown, Washington Ave, and the major routes that make Capital Region commuting easy. Priced where the numbers start to make sense. At $175K, it won't sit long. Schedule your showing today.
Turnkey investment opportunity at 4 Corning Street! This updated two-family in the Roessleville neighborhood is fully occupied, so it's ready to cash flow from day one. Both units offer 2 bedrooms and 1 bath, with renovated kitchens, baths, and new flooring. The location is convenient to Central Ave and Western Ave shopping and dining, with easy access to I-90, the Northway, and downtown Albany, which helps keep it in steady rental demand. It works as a hands-off addition to your portfolio or as an owner-occupied option: live in one unit and let the other help pay the mortgage. Leases, rent roll, and expenses are available upon request. Don't miss this one!
Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3- story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.
Excellent investment opportunity in a convenient Albany location! This two-family property features two spacious 3-bedroom, 1-bath flats and is currently vacant and ready for new tenants. Each unit offers baseboard heat and separate utilities, providing a straightforward setup for an owner or investor. Located within walking distance of bustling shops, restaurants, entertainment, and neighborhood amenities. A great opportunity for a seasoned investor looking to add to their portfolio or a new investor entering the rental market. Professional property management is also available if desired.
Beautifully updated 2 Family home conveniently located near Albany Med, Empire State Plaza and Center Square. New roof, completely remodeled kitchens and baths, new appliances including washer and dryers for each unit. This would make a great owner-occupied property with nothing to do but move in. It would also be a great addition to your investment property portfolio. Call today to set up a showing!
Great investment opportunity in a prime Albany location. This large 4-unit property features spacious 3-bedroom, 1-bath units with in-unit laundry and modern finishes. Potential gross income of approximately $6,000/month. Two units are currently occupied at $1,500/month each (MTM leases), one unit is being delivered vacant, and the fourth tenant is expected to vacate by the end of October.
**Rare Opportunity **Maximum Privacy ** Exclusive Triplex together with 5.80 +- Acres in the Town of North Bethlehem with Guilderland Schools ! Tremendous room to roam ! Fantastic Views ! Many Old-Growth Hardwood species throughout the property including Oak, Maple, Poplar, and Hickory to name a few! Property is located at the end of a quiet Dead End street in the Indian Hills Neighborhood . The entrance of the property begins with a 450 foot long Private Road which leads to the 3 Family home and 5 +- additional acres of Super-Private land bordering the Castlewoods Subdivision , high above the Krumkill Creek . Truly, One-of-a-kind ! You be the Judge ! Must see to Believe ! Too much to list . All Buyers must have Buyer Agency Agreements in place prior to All showings . Please do not visit this property without a verified prior appointment . Thankyou .
This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!
Very nice, well kept, 2 family for investors who want to start their portfolio or add to an existing one. It can be owner-occupied as well. Each unit features an eat-in kitchen, living room, 2 bedrooms, and a full bath. Large driveway to hold numerous cars. 24-hour notice is required.
Great Opportunity to convert this mixed-use building into a side-by-side 2 family located on the prime corner of New Scotland and S. Main. Currently set up with offices on the left side and a 2 bedroom/1 bath apartment on the right. With a full basement and separate utilities, it would be an easy conversion making this into cash cow. Walking distance to hospitals, schools, restaurants, and shopping. Take advantage of this hard-to-find great deal!
Great investment opportunity in Albany's Pine Hills neighborhood! This spacious two family property offers generously sized units and separate utilities, making it an attractive option for investors or owner occupants. The first floor unit features hardwood floors, a large kitchen, and the convenience of an in unit washer and dryer. The second floor unit offers spacious living areas. Conveniently located near colleges, hospitals, restaurants, shopping, public transportation, and major highways. A great opportunity to add a well located two unit property to your portfolio!
Well cared for 1871 brownstone in the Ten Broeck Triangle with four updated one bedroom, one bath apartments, all occupied and cash flowing. The brown stone exterior and tall ceilings in every unit keep the period character, while each apartment has new flooring, fresh paint, new kitchen cabinets and countertops with matching appliances (stainless steel in some units, white in others), and an updated bathroom. Layouts are roomy. The largest bedroom is 12 by 19 feet, one apartment has a walk-in closet, and the second floor living room is nearly 19 feet long. Two of the four units have in-unit laundry, and the first floor unit has central air. Heat is forced hot air, with baseboard heat added in some units. Each apartment has its own gas and electric meters, paid by the tenant. The lower level has a laundry room with potential for coin operated machines, plus additional utility space. Out back, there is room for a small patio where some ivy and a few plants could make a quiet retreat for tenants. The location puts you close to shops and nightlife on South Pearl and State Streets. An owner occupant can live in one unit and rent the other three. Investors will find a building that currently cash flows and supports DSCR financing. Residential Occupancy Permits are available for each unit, and a recent full inspection report is ready for buyers to review.
Welcome to 97 Delaware Ave. This spacious home with over 2600 sq ft and within walking distance to all that Albany has to offer is presently being used as a single family home but is still a legal three family. Whether you are looking for space for the whole family, looking for a little rental income to help offset the mortgage or looking for your next cash flowing rental property, this one has you covered. With 2 spacious 2- bedroom units and one cozy third floor one bedroom unit, you definitely have options. The owners have used it as a single family since they purchased it in 2015 but it can easily be converted back with moving just a few appliances. The first-floor kitchen was renovated for cooking. With soapstone counters, industrial grade direct vent hood, solid wood extra tall kitchen cabinets, compact dishwasher and farmhouse sink along with walk in pantry, they made excellent use of the kitchen's period dimensions while adding modern functionality. The second-floor kitchen was turned into the laundry room but is easily converted back to a kitchen if you are seeking a rental. Throughout the home, you'll find the character and charm of an older Albany property, including high ceilings, spacious rooms, and architectural details that are increasingly hard to find. Outside, enjoy a newer composite deck overlooking a manageable, peaceful backyard--perfect for relaxing or entertaining. The location is hard to beat, with convenient access to downtown Albany, hospitals, colleges, cultural attractions, shopping, and dining. Enjoy a front row seat to the Plaza fireworks from your enclosed front porch or third floor living room! Whether you're looking for a spacious home with room for everyone, a property where rental income can help offset your mortgage, or your next income-producing investment, 97 Delaware Ave offers the flexibility and location to make it happen.
Turnkey income-producing property on Washington Avenue in Albany! This well-maintained multi-unit features two 4-bedroom, 1-bath units, offering 8 bedrooms and 2 bathrooms total. Both units are fully rented, providing income from Day 1. Recent improvements include renovated first-floor unit with new flooring and fresh paint, concrete pavement surrounding the house, a basement laundry area, and a new sump pump system with an additional pump in the backyard. The left side of the house also features new siding. A solid opportunity for investors looking to add a fully rented, income-producing multi-family property to their portfolio.
With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Some asbestos is present and will require appropriate evaluation and handling. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.
Presenting a rare chance to acquire two interconnected single-family homes, both under the same ownership and sold exclusively as a pair. Both units are 3 bedroom, 1.5 baths, with a den. Perfect for investors or those in need of extra living space. This property provides the advantages of rental income along with the option for personal use. Seize this exceptional opportunity today! Sold as is. 17 Lawnridge: Currently leased at $2,000/month,
Attention Investors !! Looking to start or add to your business portfolio this is a must see separate utilities 2 units or occupied now the 3 unit needs work long term tenants or in place already. Pre-approval letter required or proof of funding before any showing is confirmed 48 hrs notice, Sold as is.
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Albany is located in New York. Albany, New York has a population of 99,402. Albany is less family-centric than the surrounding county with 19.68% of the households containing married families with children. The county average for households married with children is 27.09%.
The median household income in Albany, New York is $52,583. The median household income for the surrounding county is $73,810 compared to the national median of $69,021. The median age of people living in Albany is 31.6 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 39.5 inches per year, with 51.6 inches of snow per year.
