Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.
Excellent investment or owner-occupied opportunity in Albany! This well-maintained duplex features numerous updates, including newer windows, flooring, appliances, hot water heater and a rubber roof. Both units also offer a dedicated laundry room & a deck providing comfortable outdoor space. Each unit has separate utilities, making management simple and efficient. The large fenced-in backyard offers plenty of room for outdoor enjoyment, pets, or gardening. Conveniently located near local amenities, shopping, dining, and major routes. A great opportunity to add a solid property to your portfolio or live in one unit while renting the other!
4 unit investment home. Hard to find 1 and 2 bedroom units much in demand. Well maintained with solid tenants. Original character of home maintained with updates. Large outbulding for owner storage. Full basement and attic. Unit 1 is a studio apt. Fantastic investment property.
Great opportunity for Investor or owner occupant, convenient location close to Albany Medical center, Albany Law, 4 bedroom top floor units 3 bedrooms downstairs. Recently renovated kitchen, new floors, new windows, freshly painted. Unit 1 is currently rented at $1,498/month. Unit 2 is currently rented at $1,600/month. Stabilized gross rent is approximately $3,098/month ($37,176/year). Estimated operating expenses are: taxes ($5,473/yr), insurance ($1,600/yr), and water/sewer (~$1,200/yr), for total estimated annual operating expenses of ~$8,273 and estimated NOI of ~$28,903/year (~$2,408/month). Estimated Cap rate is approximately 10.1%.
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. A unique opportunity to own a versatile building in one of Albany's established corridors. Tailor inventory can be purchased separately or can be purchased with the sale of the property
Maintained triplex conveniently located from state & legislative gov't institutes, Albany Medical Center & St. Peter's hospitals, Washington Park, SUNY campus, popular eateries, galleries, coffee shops, nightlife & many more favored city attractions. Original details still adorned throughout such as high ceilings, oversized windows, decorative wood moldings, exposed brick, etc. Spacious units. Outdoor space perfect for entertaining during the warmer season.
Financing can be conventional residential for this building (does not have to be commercial). Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his tenants from his surrounding properties. The laundry fluctuates anywhere from $250-$500 per month in additional income. The two residential units currently rent for $850 and $900 per month, providing immediate cash flow with significant room for growth. Both units are spacious, offering large bedrooms, generous closet space, hardwood flooring, and ceramic tiled bathrooms. The property is located in an area undergoing active redevelopment, with nearby lots being developed into brand new 2- & 3-unit buildings. This presents a strong opportunity to capitalize on the ongoing revitalization of the neighborhood. Fair market rents in ZIP code 12202 is $1,420 per unit, making this an excellent value add investment.
Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.
Beautiful 2 family with a great rental history and ROI. With many updates throughout the home, it is easy to rent. Currently both floors are rented for 1,800 with leases ending May/June. The first floor would like to stay another year.
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.
Well-maintained 2-family home ideally located near Albany Med, St. Peter's Hospital, and other local medical centers. Spacious units offer comfortable living with enclosed front and back porches for added space. Separate utilities, basement laundry area, and low taxes make this a smart investment. Conveniently situated along the bus line, perfect for owner-occupants or as a strong addition to any rental portfolio. Great opportunity in a prime location!
Two-family property featuring spacious 3-bedroom units on each floor. Both apartments were recently renovated in 2025 and offer large living and dining rooms, hardwood floors, and generous room sizes throughout. Separate utilities paid by tenants. Property includes a durable slate roof, oversized attic for additional storage or potential, and front porches on both levels. A solid investment or owner-occupant opportunity.
Brick two-family investment opportunity in Albany's Mansion neighborhood. Upper unit rented at $1,500/month; lower 3-bedroom unit delivered vacant. Separate utilities.Spacious layouts in both units, newer gas furnaces fenced yard, Kitchens are functional but offer room for improvement, creating upside for investors looking to add value through updates. Convenient location near downtown and Empire State Plaza.
Dual property portfolio (34-36 Sparkill Ave MLS #202611963) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income. Updated/remodeled units & minimal expenses make for attractive assets to any beginner and/or seasoned investor. Coin-operated laundry in basement. Nice quiet streets with sidewalks. Excellent Long-term tenants. Turn-key.
Dual property portfolio (287 Myrtle Ave MLS # 202611966) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income. Updated/remodeled units & minimal expenses make for attractive assets to any beginner and/or seasoned investor. Coin-operated laundry in basement. Nice quiet streets with sidewalks. Excellent Long-term tenants. Turn-key.
Great investment opportunity just minutes from Albany Medical Center and St. Peter's Hospital. This well-maintained property features spacious units, updated vinyl plank and hardwood flooring, vinyl replacement windows, and updated electric panels. Separate utilities help keep expenses low, while off-street parking and a 2-car garage add strong tenant appeal. The downstairs unit is rented at $1,500/month, providing immediate income. Ideal for investors seeking a low maintenance property in a high demand area or an owner occupant looking to offset their mortgage.
Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.
Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!
This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants — ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.
Classic townhouse style brick duplex in the heart of Center Square. Renovated 1st and 2nd floor apartment with beautiful features. This building boats the perfect mix of updated modern living and classic feel. Perfect for an owner occupant or an investor.
Investor opportunity in Albany's West Hill neighborhood. This 5-bedroom, 2-bath duplex was built in 1888 and offers approximately 2,776 sq ft of living space on a 0.07-acre lot. The property provides strong potential for renovation and income production in an established urban location close to downtown Albany, major employment centers, and transportation.
Courtesy: B2B Real Estate Group Inc
347-517-8828
Attention investors! VACANT! [CASH DEAL] Opportunity awaits at 79 Alexander Street in Albany. This quadruplex (4 units) offers four residential units on one lot, making it a strong addition to any rental portfolio. The property features a functional layout with income potential and provides the perfect canvas for light updates to maximize value and returns. Conveniently located near downtown Albany, public transportation, shopping, and major highways. Ideal for investors seeking upside in a growing market. Property sold as-is.
Beautiful two family house on Washington Ave! Each unit contains three bedrooms, one full bathroom, and stackable laundry machines. Separate gas and electric meters, both units currently rented ($1,650 first floor, $1,575 second floor, totaling $3,225/month in rent). Second floor apartment also contains an additional attic space accessible through a staircase off of the living room which provides plenty of additional storage. Driveway on the property. N/A
This spacious duplex is ideally situated in a central location with convenient access to public transportation. It has been fully renovated and features two bedrooms and one bathroom in each unit, along with expansive kitchens that include dining areas. The second floor offers ample space that can be utilized as a third bedroom. Current rental rates are aligned with the market, and both units are currently occupied. Driveway belongs to neighbor. 24 Hour Notice for showings . First floor rent is 1340- month to month. Second floor rent is 1300- 1 year lease ending 7/31/2026.
Welcome to 339 2nd Street, Albany — a well-maintained two-family property offering excellent income potential and long-term value. Each unit features three generously sized bedrooms, a full bathroom, and bright living and dining areas, with bedrooms large enough to comfortably accommodate full-size furnishings. Separate utilities provide added efficiency and convenience for both owners and tenants. The basement includes washer and dryer hookups for added functionality. A new roof installed in 2024 offers peace of mind. Located in the established Arbor Hill neighborhood, this fully rented property is an ideal opportunity for investors seeking steady cash flow or owner-occupants looking to offset their mortgage. A solid addition to any real estate portfolio.
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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.
