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.
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,
Two family investment opportunity ready to be added to your portfolio. The first-floor unit is tenant-occupied on a month-to-month lease at $1,200/month. The second-floor unit is currently vacant. Property is being sold ''as is''. ROPs are current.
Cash-flowing Pine Hills duplex has strong upside potential. Its location places tenants within close distance of UAlbany, Albany Med, neighborhood restaurants, and public transportation. The property also sits close to Townsend Park and the proposed International District, both identified as areas of importance in Albanys $200 Million revitalization plan This income producing property presents a great opportunity for investors or house-hack buyers seeking steady rental income in one of Albany's most consistent rental markets. Unit 2 is currently rented for $2000 month and Unit 1, currently vacant, has a projected rent of $1300 with room for growth. Investment highlights include a history of strong rental income, desirable unit layouts, separate utilities (including a new high efficiency boiler), and updated bathrooms. Whether you are an investor looking to expand your portfolio with a stable income-producing property, or a buyer interested in living in one unit while the other offsets your mortgage, this duplex offers both day one cash flow and long-term upside potential in a well-established rental location.
Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.
Opportunity awaits in this attractive, solid brick mixed use building standing overtop Tricentennial Park in Downtown Albany. This 3-Story building was completely gutted and restored in 1999/2000 earning an award from the Historic Foundation. The interior space currently functions as a two-level commercial operation w/ a 'Mezzanine' between floors 1 + 2 & a modern 'Class-A' one bedroom apartment upstairs. Amenities include sound hardwoods + woodwork throughout, marble (non-working) fireplaces on every floor & a Schindler Hydraulic elevator accessible from all 3 levels. Each floor has a dedicated heating system & separate utilities. Call now to schedule a tour!
This well-maintained three-family home in Albany, NY offers a fantastic opportunity for both investors and owner-occupants. The property features three spacious units with comfortable layouts, abundant natural light, and classic charm throughout. Each apartment offers generous living space, functional kitchens, and well-sized bedrooms, providing strong rental appeal. Conveniently located near shopping, dining, schools, hospitals, and major highways, this property ensures easy access to everything the Capital Region has to offer. With separate utilities and steady income potential, this Albany multi-family home is a solid addition to any real estate portfolio.
A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (369 & 371 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,250 est per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
PACKAGE PURCHSE AVAIABLE. TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (369 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,275 est. per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers build for affordable housing but a quarter of what it would cost to build. SERIOUS BUYERS WITH PROOF OF FUNDS, OR PRE APPROVED BUYERS ONLY. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
Check out this 2-family property Great investment or owner occupied. Property offers hard wood floors, French doors, built in cabinets in kitchens. New roof, updated bathroom, new carpet. Close to shopping and the par
Long term popular restaurant along with two apartments upstairs on Central Ave. Commercial appliances, perfect for a small restaurant operation. All utilities separate with one car garage and multiple parking spots available. 10x10 commercial walk-in cooler, business, appliances, real estate included in sale.
Excellent 2 Family Opportunity in the City of Albany! Beautifully renovated. All utilities separate. Huge Lot. 2 Car Garage. Plenty of off street parking. Upgraded hot water and heat. Utilities separated. Located close to main roads with easy access to local amenities, such as shopping, dining, banking, schools, and state government. Schedule your showing today!
A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (371 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $higher priced per month, lower due to long term tenants, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers built for affordable housing but a quarter of what it would cost to build. . *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
Classic Albany Brownstone with Garden/basement apartment, located close to the Palace Theater and the downtown Albany entertainment district and all that it has to offer. Easy access to shopping dining and entertainment venues as well as Government Offices and major highways. Excellent opportunity for investor or owner occupant, Has been successfully used as AirBNB with five star review Owners unit occupies the top three floors consisting of a sitting room, foyer, and living room, all with hardwood, on the first floor. The second floor has one one bedroom, kitchen with dining area, all with hardwood, a full tile bath with walk-in shower, laundry closet with washer and dryer ( stackable ). The third floor has two bedrooms with laminate flooring and a full bath with a clawfoot tub. The Garden apartment consists of a good size living room, a kitchen area and one bedroom and a full tile bath. There are numerous fireplaces which have not been used in many years and the seller considers them to be decorative only. The owners unit has been successfully used as an Airbnb with five star review Enjoy the great views of the Albany Skyline from the rear of your home.
Three-family property offering strong upside potential for investors or rehab specialists. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided--drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. CASH ONLY. NO INTERIOR ACCESS.
*NEW PRICE* 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. Valid ROP's through 4/29/27. Proforma & Rent Roll in MLS documents. Limited showing schedule & 24 hour notice required. Agent related to seller.
This house is being sold as is. Great Investment opportunity. Come see this amazing duplex, large rooms,., hardwood, and close to the bus line.
Great opportunity to own this well maintained beautiful historic three-family in Albany. Conveniently located across from Suny Albany downtown campus and walk distance to Washington Park. Original architectural features inside out, private rear porch for each unit. Perfect for owner occupy or investment.
Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.
This stunningly updated brick building features ten units and is situated in the desirable Mansion District of Albany, an area known for its historic charm and proximity to essential amenities. The property is conveniently located near several colleges and hospitals, making it an ideal choice for students and healthcare professionals alike. The units comprise a thoughtful mix of two-bedroom apartments and studio layouts, catering to a variety of living preferences. Residents will appreciate the convenience of on-site laundry facilities, enhancing the overall living experience. This combination of location, modern updates, and practical amenities makes this property a compelling option for those seeking comfortable and accessible housing in Albany. Currently there are 4 vacant units ( three studios and a two bedroom .** Tenants are responsible for gas stoves . Landlord pays for gas heat . ** Proforma attached under Docs * updated 3/10/2026
This property features two spacious flats with plenty of charm and updates throughout. The first-floor unit offers central air, a generous dining room and living room with and kitchen with appliances. Enjoy relaxing on the rebuilt front porch featuring durable Trex decking. The second-floor unit boasts three bedrooms, a large front porch perfect for morning coffee, and a full walk-up attic providing excellent additional storage space. Three parking spaces located at the rear of the building add extra convenience. A perfect opportunity for owner-occupants or investors alike—don't miss this rare find!
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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.
