Albany NY 6+ Bathroom Real Estate, Homes, Condos for Sale

16 Beds ⋅ 8 Baths ⋅ 202625727 MLS

Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!

97-99 Homestead

$649,900

7 Beds ⋅ 7 Baths ⋅ 202625684 MLS

Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.

156 S Swan Street

$3,199,000

13 Baths ⋅ 202625299 MLS

MIXED USE WITH RESIDENTIAL & COMMERCIAL TENANTS. CLASS A+ OFFICE BUILDING. SUPERIOR CONDITION WITH HIGH-END FINISHES. PROFESSIONAL TENANT MIX. SOLID LEASES. GREAT CASH FLOW. EASY ACCESS TO RT 155, I90, I87, DOWNTOWN ALBANY, NANOTECH CENTER, ETC. 9 RESIDENTIAL TENANTS & 6 COMMERCIAL SPACES.

9 Washington Square

$624,900

10 Beds ⋅ 10 Baths ⋅ 202625152 MLS

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!

531 Western Avenue

$795,000

9 Beds ⋅ 6 Baths ⋅ 202624324 MLS

Excellent 6-Unit Investment Opportunity in Albany's Pine Hills! Well-positioned multifamily property in the desirable Pine Hills neighborhood. Strong rental potential with convenient access to restaurants, shopping, public transportation, colleges, and downtown Albany. An excellent opportunity for investors looking to add a multifamily asset to their portfolio. Property offers multiple income-producing units and potential for future value appreciation. Updated units, all new plumbing and electrical. Total yearly income $74,950.00 (full detailed sheet available).It can sold as a package with 77 S. Allen (3 units) and 328 Western Ave (10 units).

299 Quail Street

$1,499,900

10 Beds ⋅ 10 Baths ⋅ 202624326 MLS

RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue

$475,000

15 Beds ⋅ 8 Baths ⋅ 202624081 MLS

Single tax lot offering of two attached townhouses with four units in total. Both structures are mechanically connected. Four minutes from major highways and walking distance to downtown. Current configuration is one 3-bed/2-bath unit, one 4-bed/2-bath unit, and two 4-bed/1.5-bath units. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

301 Clinton Avenue

$1,599,999

17 Beds ⋅ 16 Baths ⋅ 202623976 MLS

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

83 Beaver Street

$799,000

18 Beds ⋅ 9 Baths ⋅ 202623856 MLS

Three tax lot offering of three townhouses with seven units in total. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 2-bed/1-bath unit, one 3-bed/1-bath unit, and one 4-bed/2-bath units. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Showing availability M-F only during business hours. Sale includes tax lots: 65.72-6-10, 65.72-6-9, 65.72-6-8.

304-308 Clinton Avenue

$715,000

11 Beds ⋅ 9 Baths ⋅ 202623775 MLS

Three tax lot offering of two townhouses with two units each and one mixed-use townhouse with ground floor commercial space and two units above. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 3-bed/2-bath unit, and one 4-bed/2-bath unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.64-4-37, 65.64-4-38, & 65.64-4-39.

341-345 Clinton Avenue

$650,000

13 Beds ⋅ 8 Baths ⋅ 202623770 MLS

Well maintained 6-unit apartment building in the Ten Broeck Triangle neighborhood of Albany. Two minutes from major highways and walking distance to downtown. Current configuration is two 1-bed/1-bath garden level units, two 1-bed/1-bath 1st floor units, one 4-bed/2-bath 2nd floor unit, and one 4-bed/2-bath 3rd floor unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

11 Ten Broeck Street

$2,300,000

10 Beds ⋅ 11 Baths ⋅ 202622723 MLS

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street

$2,300,000

11 Baths ⋅ 202622721 MLS

Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + open 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Near to state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street

$599,000

8 Beds ⋅ 6 Baths ⋅ 202622021 MLS

Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street

$599,000

13 Beds ⋅ 6 Baths ⋅ 202620241 MLS

Are you looking for an investment with a serious net income? This cash cow NETS over $62,000! All month to month tenants, with many long term tenants. 3 -One bedroom units, 2- Four bedroom units and 1- Three bedroom unit. Plenty of off street parking with up to 12 off street parking spaces. Convenient location, close to downtown, colleges, busline, with shopping and dining just around the corner!

518 Hudson Avenue

$599,990

11 Beds ⋅ 6 Baths ⋅ 202620220 MLS

Recently renovated 6 unit. One occupied 3 bedroom. Remaining units are all unoccupied and consist of three 2 bedrooms and two one bedrooms.

464-466 Washington Avenue

$850,000

10 Beds ⋅ 6 Baths ⋅ 202619003 MLS

One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Residential street directly off Lark St, close proximity to State offices, hospitals, univiersties, etc.

201 Jay Street

$1,025,000

19 Beds ⋅ 12 Baths ⋅ 202618199 MLS

This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

29 2nd Street

$745,000

7 Beds ⋅ 7 Baths ⋅ 202617020 MLS

Welcome to 100 South Manning Boulevard, a rare opportunity to own a beautifully preserved 1920s brick Colonial on one of Albany's most distinguished and architecturally rich streets. This exceptional residence blends timeless elegance with Moorish-inspired details, showcasing craftsmanship and character seldom found today, from its gracious façade and one-of-a-kind windows to the wrought-iron balcony and refined period touches. Inside, generous, light-filled rooms are designed for both grand entertaining and comfortable everyday living. The first floor offers a welcoming foyer, living and dining rooms, a sunroom, a family room, a well-appointed kitchen, a half bath, and a combined laundry and mudroom, with French doors, a sweeping staircase, and beautifully maintained details creating warmth and sophistication throughout. Upstairs, the serene primary ensuite features remarkable closet space, complemented by three additional bedrooms, including another ensuite, and a full hall bath. The expansive third floor adds three more bedrooms, one ensuite, another full bath, and exceptional flexibility for guests, work-from-home needs, or creative pursuits. Abundant storage, a lovely yard, an inviting front porch, and a rare attached two-car garage enhance everyday convenience, while the prime location near hospitals, shops, dining, and a movie theater offers both elegance and ease, making this a truly gracious and distinguished home of enduring quality.

100 S Manning Boulevard

$825,000

12 Beds ⋅ 6 Baths ⋅ 202615929 MLS

This fully updated solid brick 6 unit building is conveniently located near several colleges and in walking distance to St Peter's Hospital. Features six 2 bedroom units with separate utilities and electric baseboard heat. All units are fully remodeled with new kitchens, bathrooms, paint and updated floors. The roof and windows were replaced in 2022, new hot water heaters and all new doors. Annual rental income $96,000.00. This combination of location, new modern updates, and great tenants makes this property a turn key low maintenance addition to your portfolio.

190 S Allen Street

$774,900

8 Beds ⋅ 8 Baths ⋅ 202614058 MLS

Fully renovated 8-unit income-producing apartment building located in Albany's Historic Ten Broeck Triangle with all separate utilities! Each unit has its own Navien high efficiency on-demand hot water tank. Gorgeous original details, crown moldings, full floor mirrors, hardwood floors, soaring ceilings & MORE! Building consists of 7 1 bedroom/ 1 bath and 1 studio apartments. Solid surface countertops, wood cabinets, & marble fireplaces. Don't miss out on this incredible opportunity to add this turnkey, low maintenance asset to your portfolio!

81 Ten Broeck Street

$499,900

9 Beds ⋅ 7 Baths ⋅ 202613988 MLS

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

865 Madison Avenue

$950,000

18 Beds ⋅ 12 Baths ⋅ 202613824 MLS

159-169 Franklin Street in Albany's South End has 12 units. Six studios and six two bedrooms. They're all separate parcels. There was a brand new roof put on less than two years ago, tenants pay all utilities, and the property is all electric.

159-169 Franklin Street

$440,000

4 Beds ⋅ 7 Baths ⋅ 202613653 MLS

Welcome to this bright, newer construction duplex built in 2014. This well maintained property offers modern living with strong investment or owner occupant potential. Each spacious unit offers approximately 1,700 square feet of living space, thoughtfully designed with 2 bedrooms, 2 full bathrooms, and 1 half bath. Enjoy open layouts, abundant natural light, and the convenience of in unit laundry on each floor. Situated on two lots in Albany's townhouse district, this property offers potential for conversion to a three unit, pending approvals. Conveniently located near downtown Albany, major highways, restaurants, and local amenities, this is an excellent opportunity to own a turnkey multifamily property in a growing area.

36 2nd Street

$325,000

22 Beds ⋅ 9 Baths ⋅ 202613590 MLS

*Multiple Offers. Highest and best due tomorrow, Friday, April 17th, at 6pm.* Opportunity to restore this 19th century Victorian-era 5800 sq'. building and 32+ rooms. 22 Total Bedrooms, 9 Total Full Baths. The structure is part of the Historic Resources Overlay, and is located within the Arbor Hill/ Ten Broeck Triangle Historic District which also qualifies it for New York State Historic Tax Credits. Zoning R-T ,The common use for this structure falls under the ''Dwelling, townhouse'' Residential Use, which allows for 1 unit per floor up to three units. 89 Ten Broeck included in sale.

93 Ten Broeck Street

$162,000

6 Beds ⋅ 6 Baths ⋅ 202611700 MLS

Three-story multi-unit residential property in the Sheridan Hollow neighborhood of Albany. Gutted and framed out. No plumbing or electrical. The zoning allows for one residential unit per floor as of right. Other permitted uses include: Community residential facility, religious institution, beauty salon, spa, or barbershop, professional office, or specialty retail. Conditional uses include: Assisted living facility, group living, club, community center, cultural facility, day-care center, school, or bed-and-breakfast.

217 Spruce Street

$1,800,000

24 Beds ⋅ 13 Baths ⋅ 202611652 MLS

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.

811 Madison Avenue

$1,490,000

22 Beds ⋅ 13 Baths ⋅ 202611000 MLS

13 unit fully rented apartment building in prime center square location. Fully rented with leases in place. Separate utilities, owner pays house meter for hallway lights, hot water for building, coin laundry in building. Agent is related to seller.

346 State Street

$555,000

6 Beds ⋅ 6 Baths ⋅ 202610340 MLS

Open House 2-1-26 from 12:00 to 2:00pm. Elegant classic brick center hall colonial with 6 bedrooms and 6 bathrooms. Possible In-law suite above garage with 3rd floor large living or work space excellent for the remote employee. Completely turn key with updates throughout. 240V EV Charge ready located in the garage. This home features all-new kitchen with large center island, refinished hardwood floors and ductless A/C throughout the house. All situated on a large deep lot close to UAlbany, I87, I90 and Route 85.

28 Tudor Road

$599,900

6 Beds ⋅ 6 Baths ⋅ 202610333 MLS

Welcome to 166 Washington Avenue, a prime Albany property offering exceptional potential for both investors and owner-occupants! This well-maintained building is ideally situated in the heart of the city—just moments from downtown, major employers, universities, and local attractions. Whether you're seeking a strong income-producing asset or a place to call home with additional rental opportunity, this property delivers flexibility, convenience, and long-term value. Enjoy the advantage of off-street parking, a rare find in this central location, providing ease for residents and guests alike. Within just one mile, you'll find a wealth of amenities—shopping centers, restaurants, coffee shops, parks, fitness facilities, grocery stores, and entertainment venues. The property's location also offers quick access to public transportation, major roadways, and popular Albany destinations such as Washington Park, the Empire State Plaza, and the vibrant Lark Street district. This property's combination of space, accessibility, and investment potential makes it a standout opportunity in today's market. Whether you're expanding your real estate portfolio or searching for a home with added income possibilities, 166 Washington Ave offers the perfect blend of comfort, convenience, and city living. Don't miss your chance to explore all that this desirable Albany property has to offer—schedule your private showing today!

166 Washington Avenue

$455,000

9 Beds ⋅ 6 Baths ⋅ 202530942 MLS

Sale includes 65 & 67 Columbia Street. Which have one common hallway and a total of six units. #65; One 1BR, Two 2BR. #67 One 1BR, 2BR and a studio. Rent includes heat, hot water, and owner pays electric for #67 1BR apt. Needs a little TLC but fully functional.

65 Columbia Street

$1,000,000

7 Baths ⋅ 202530733 MLS

This is an incredible opportunity for investors and business owners. For sale are 3 buildings: 255 New Scotland Ave is a mixed use building with a 2-bedroom apartment over a business, 423 Quail St is a commercial space with 3 businesses currently operating, and 419 Quail St is a well cared for 2 family home. The location of these properties is prime sitting between St Peter's Hospital and Albany Medical Center. This section of Albany is seeing great advancement and is buzzing with consumers. Call to schedule a showing! PLEASE NOTE- OWNERS WILL NOW CONSIDER SELLING THE PROPERTIES SEPARATELY!!

423 Quail Street

$560,000

12 Beds ⋅ 6 Baths ⋅ 202530382 MLS

Investor alert! Incredible 6 unit investment opportunity in the Whitehall neighborhood of Albany. Located just walking distance to restaurants, the gym, parks and just minutes to everything downtown Albany has to offer. This updated property features a new roof, a new boiler, the exterior and most of the interior has been freshly painted and a coin operated washer and dryer in the basement There are two 3 bedroom units, two 2 bedroom units and two one bedroom units. Three of units are currently leased, month-to-month, and the other 3 are vacant. Estimated net operating income of $60,000 a year and a quiet neighborhood that's close to so many amenities. Owner pays sewer, trash, water, heat and hot water. This rare investment opportunity is a must see!

42 Ten Eyck Avenue

$510,000

12 Beds ⋅ 6 Baths ⋅ 202530337 MLS

Check out this money maker in Albany, which generates over $87,000 annually when fully rented. This rock-solid 6-unit typically brings in over $7,000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.

40-42 Ontario Street

$525,000

8 Beds ⋅ 10 Baths ⋅ 202530324 MLS

Investors take note!! This 10 unit is a steady cash performer, always has been and will continue to do so. 8 one BDR's and 2 studios. 8 out of 10 tenants pay heat, hot water, electricity and internet. Close to downtown shopping, entertainment and major highways. On the bus-line, Honest Weight Coop within 2 blocks. All units have hardwood floors, solid brick building, exterior recently painted. See documents for ProForma 24 Hour notice please

21-23 Watervliet Avenue

$800,000

12 Beds ⋅ 6 Baths ⋅ 202529600 MLS

You don't have buildings like these come on the market often! Family built and owned this well cared for 6 unit has been carefully updated and maintained all it's life. Located minutes to hospitals, shopping, Harriman Campus and Nano Tech. The apartments boast generous size rooms, multiple closets, hardwood floors on upper levels and nice appliances. Lower level units have waterproof flooring. Upper 4 units all have comfortable back porches. There is a 4 car garage in the rear of the building as well as additional parking. The driveway has been recently repaved. All rents include heat & hot water, tenants pay for electric and cable. Roof replace in 2020. Most of the windows have been replaced. Must be sold as a package with 948 Washington Ave

950 Washington Avenue

$800,000

12 Beds ⋅ 6 Baths ⋅ 202529598 MLS

You don't have buildings like these come on the market often! Family built and owned this well cared for 6 unit has been nicely updated and maintained all it's life. Located minutes to hospitals, shopping, Harriman Campus and Nano Tech. The apartments boast generous size rooms, multiple closets, hardwood floors on upper levels and nice appliances. Lower level units have waterproof flooring. Upper 4 units all have comfortable back porches. There is a 4 car garage in the rear of the building as well as additional parking. The driveway has been recently repaved. All rents include heat & hot water, tenants pay for electric and cable. Roof replace in 2020. Most of the windows have been replaced. Must be sold as a package with 950 Washington Ave.

948 Washington Avenue

$665,000

11 Beds ⋅ 7 Baths ⋅ 202528605 MLS

Opportunity awaits as this large, remodeled Albany 5-unit building on a corner lot with private 3 car garage and parking lot hits the market! This would make for a perfect student rental being so close to U Albany! There are separate utilities and the building features multiple 5-bedroom 2 bath apartments a 4-bedroom apartment and multiple 1-bedroom apartments! Each unit boast fully renovated kitchens with granite countertops, custom cabinets and stainless-steel appliances! There are also sharp elegant, renovated bathrooms in each unit! Fantastic rental income and a must see!

205 Ontario Street

$820,000

12 Beds ⋅ 6 Baths ⋅ 202528448 MLS

Sale includes 400A & 400B Madison Avenue, 501 Delaware Avenue, and 205 Jefferson Street (parking lot). A total of nine (9) residential units. Two of the units required rehabilitation, and the roof at 400A Madison required repair. Property sold prior to MLS publication.

400 Madison Avenue

$1,884,159

21 Beds ⋅ 18 Baths ⋅ 202526005 MLS

Turnkey 18-Unit Portfolio - $1,990,000 ($110K/Unit) Rare opportunity to own two adjacent, fully occupied multifamily buildings in Albany's desirable Park South neighborhood. 102 & 106 S Lake Ave feature a combined 18 units across ±10,263 SF on ±0.39 acres, just steps from Washington Park, Albany Medical Center, and the Empire State Plaza. Priced at $1.99M with a 7.01% cap rate based on current rents. Properties are very well maintained with no deferred maintenance. Includes ample off-street parking, a 3-car garage, and coin-operated laundry for additional income. Upside potential through rent increases on below-market units and monetizing parking. Strong rental history makes this a perfect fit for investors seeking stable cash flow and long-term growth in a thriving urban location.

102 S Lake Avenue

$739,000

6 Beds ⋅ 7 Baths ⋅ 202525068 MLS

Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 8.86% CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are $1,300, $1,200, $1,050, $1,050, $1,127 (will be $1300 in July 2026), $1,017 & basement is $900. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St., the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the area with direct access to public transportation and major highways. Great tenants, enjoy the ease of collecting rent. Easy to take care off with 6 one-bedroom apartments and one studio (max capacity of tenants is low). Owner may offer some owner financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 7 unit. Features include hardwood floors, coin-operated laundry, high efficiency boiler, some long-term tenants and much more. The rubber roof was freshly sealed last year. The Annual income & expenses, rent roll, ROPs, Sprinkler inspection, etc is under documents or available upon request.

324 Hudson Avenue

$620,000

13 Beds ⋅ 8 Baths ⋅ 202524274 MLS

1098 & 1100 consists of two solid brick 3 unit properties sold together as a 6 unit. Great location at border of Menands and Albany on Broadway. Large apartments with excellent tenancy and room to grow the rent roll currently at $7925 per month. Laundry hookups and/or equipment included in a few apartments. Tenants pay their own utilities and trash is picked up by the city. Easy to show!

1098-1100 Broadway

$625,000

8 Beds ⋅ 6 Baths ⋅ 202521159 MLS

This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space, separate utilities, and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants also enjoy off-street parking and a convenient location near public transit, restaurants, and local amenities. A standout asset in a high-demand rental market—don't miss this exceptional investment opportunity! Sold as a package with 575 Western Agent is co-owner

577 Western Avenue

$259,999

18 Beds ⋅ 6 Baths ⋅ 202516479 MLS

Rare opportunity to own a massive 6 unit building in the heart of Albany.

70 Central Avenue

$750,000

14 Beds ⋅ 7 Baths ⋅ 202514871 MLS

Seize this rare opportunity to own a beautifully maintained 7-unit investment property in Albany, NY! Fully occupied and generating strong income, this property is a proven money-maker. Each unit has been updated and thoughtfully designed to maximize its potential. The property features its own parking lot, all separate utilities, as well as a dry, finished basement with coin operated washers and dryers. This building has been meticulously maintained for long term value and hassle-free ownership. Located in a desirable area with easy access to local amenities & highways, this is a turnkey investment you dont want to miss!

56 Second Avenue

$1,100,000

20 Beds ⋅ 12 Baths ⋅ 202514692 MLS

8-units in an unbeatable location! These four, 2-unit buildings boast expansive floor plans, vinyl and carpet flooring, washers & dryers, and modern kitchens with stainless steel appliances and dishwashers. Second floors are 2-bedroom units with open kitchens and vaulted living room ceilings. First floors are 3-bedroom units and capture the entire square footage of the basement as living area. Each building has room for two, off-street parking spaces in the rear, paved lot. Located just one block from the Albany Med campus and walkable to Albany College of Pharmacy and Albany Law School, these units are in high-demand and always rented.

106 & 110 Morris Street

$265,000

8 Beds ⋅ 6 Baths ⋅ 202514460 MLS

BEST AND FINAL- Tuesday 4/8 at 12:00. What an opportunity! This extremely spacious two-family has a unit on the lower level and a second unit on the upper level. Both units feature 4 Beds and 2.5 Baths, and approximately 1500 square feet! Each unit features original hardwoods, oak doors, trim and timeless finishes throughout. A dream with unlimited potential for an investment opportunity or an owner occupied situation. Each unit has a wood burning fireplace and completely separate utilities. Location is close to bus lines and less than 10 minutes to SUNY Albany, St. Peters and AMC. This income generator has a paved driveway down the side of the home which leads to plenty of off-street parking and also a 2.5 car attached garage.

405 Manning Boulevard

$2,150,000

16 Beds ⋅ 18 Baths ⋅ 202514158 MLS

Nicely updated building! Upper floors consist of 12 one bedroom one bath apartments, 2 two bedroom two bath apartments, laundry, and a work out room. First floor commercial office space with reception, 6 office spaces, kitchenette and two baths currently leased with two years remaining.

522 Broadway

$630,000

20 Beds ⋅ 13 Baths ⋅ 202512425 MLS

7 properties being sold as a package, 14 units total, please note that these properties are contingent on being sold together and cannot be sold separately. The properties consist of 5 duplexes, 1 triplex, and 1 single-family property, all 100k per. Addresses include 561 2nd St, 581 2nd St, 555 3rd St, 559 3rd St, 49 Ontario St, 227 S Swan St, 14 Cuyler St. Most of them need work. All being sold AS-IS, bring us your best offer! ***Please refer to attachment in documents to unit breakdown and all relevant information.

227 S Swan Street

$805,000

10 Beds ⋅ 6 Baths ⋅ 202512272 MLS

Immaculate 4 unit historical building in the heart of Center Square with all modern units and amenities. Each unit has central air, their own washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Can be paired with 22 S Lake Ave

201 Jay Street

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