Carrrealestategroupllc.com Search Results

$435,000

Welcome to an exceptional turn-key investment property featuring four well-maintained residential units. Located in a high-demand rental area, this quadplex offers a consistent income stream with immediate cash flow potential for savvy investors or owner-occupants looking to live in one unit and rent out the rest. This property has a strong rental history whether through month to month occupancy of being leased. Each unit has gleaming hardwood floors and updates bathrooms. Beautiful slate roof. The units all have their own hot water tanks, boilers and electrical boxes. Conveniently located in uptown near the college and hospitals. Mandatory 24 notice for showings, 48 hours is preferred. Garage is being sold ''as-is.'' Will not pass an FHA/VA appraisal due to peeling exterior paint. Can be packaged with 1 Mariette Place.

5 Beds ⋅ 4 Baths ⋅ 202624204 MLS

Welcome to an exceptional turn-key investment property featuring four well-maintained residential units. Located in a high-demand rental area, this quadplex offers a consistent income stream with immediate cash flow potential for savvy investors or owner-occupants looking to live in one unit and rent out the rest. This property has a strong rental history whether through month to month occupancy of being leased. Each unit has gleaming hardwood floors and updates bathrooms. Beautiful slate roof. The units all have their own hot water tanks, boilers and electrical boxes. Conveniently located in uptown near the college and hospitals. Mandatory 24 notice for showings, 48 hours is preferred. Garage is being sold ''as-is.'' Will not pass an FHA/VA appraisal due to peeling exterior paint. Can be packaged with 1 Mariette Place.

677 Washington Avenue

$235,000

Well-maintained two-family property offering a fantastic opportunity for investors or those looking to expand their portfolio! Featuring beautiful hardwood floors throughout both units, this property combines charm with solid investment potential. The upper unit is currently rented $1500 on a one-year lease, providing immediate rental income. Enjoy reasonable pricing, low taxes, and the potential to add a strong income-producing property to your portfolio. Don't miss this opportunity!

6 Beds ⋅ 2 Baths ⋅ 202624159 MLS

Well-maintained two-family property offering a fantastic opportunity for investors or those looking to expand their portfolio! Featuring beautiful hardwood floors throughout both units, this property combines charm with solid investment potential. The upper unit is currently rented $1500 on a one-year lease, providing immediate rental income. Enjoy reasonable pricing, low taxes, and the potential to add a strong income-producing property to your portfolio. Don't miss this opportunity!

385 Orange Street

$379,900

Excellent opportunity to own a well maintained two family property in Albany! One unit is currently rented, while the second unit is vacant and move-in ready--ideal for an owner-occupant or new tenant. Each spacious apartment features 3 bedrooms, 1 full bathroom, a comfortable living room, and a functional kitchen. Updated bathrooms add to the property's appeal while minimizing the need for immediate renovations. Additional features include convenient off street parking and a 2 car garage. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers excellent potential. Don't miss this opportunity to own a versatile two-family property in Albany.

6 Beds ⋅ 2 Baths ⋅ 202624107 MLS

Excellent opportunity to own a well maintained two family property in Albany! One unit is currently rented, while the second unit is vacant and move-in ready--ideal for an owner-occupant or new tenant. Each spacious apartment features 3 bedrooms, 1 full bathroom, a comfortable living room, and a functional kitchen. Updated bathrooms add to the property's appeal while minimizing the need for immediate renovations. Additional features include convenient off street parking and a 2 car garage. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers excellent potential. Don't miss this opportunity to own a versatile two-family property in Albany.

18 McCrossin Avenue

$475,000

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.

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

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).

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

$368,000

Excellent mixed use building in Albany. Looking to open a restaurant, tavern, or in need of commercial space? The ground level is vacant and ready for you. All equipment in place stays with the building. Commercial space has a large kitchen and a fantastic bar area. Two apartments above are 1 bed, 1 bath that rent out at $950 each. Both units have high ceilings. 2nd floor has rear deck and 3rd floor has use of the rooftop.

2 Baths ⋅ 202623948 MLS

Excellent mixed use building in Albany. Looking to open a restaurant, tavern, or in need of commercial space? The ground level is vacant and ready for you. All equipment in place stays with the building. Commercial space has a large kitchen and a fantastic bar area. Two apartments above are 1 bed, 1 bath that rent out at $950 each. Both units have high ceilings. 2nd floor has rear deck and 3rd floor has use of the rooftop.

75 Central Avenue

$749,900

Welcome home to this beautifully maintained contemporary-style property. The main-house features 3 bedrooms, 2.5 bathrooms, over 2,500sqft of living space. Step inside and be greeted by a breathtaking living room highlighted by a dramatic floor-to-ceiling fireplace and soaring 30+ foot ceilings, creating an impressive and inviting centerpiece to the home. Beautiful chefs' kitchen with brand new appliances. First floor bedrooms, laundry, office space and updated HVAC. Upstairs is a gorgeous private primary suite with expansive tile bathroom and large walk in closet. The outdoor space is truly made for entertaining. With over more than 1/2 an acre of private living space you can enjoy a paver patio with a built-in fire pit, tranquil waterfall feature flowing into a small pond, and an in-ground heated swimming pool. The dedicated pool/guest house completes the backyard retreat with its own kitchenette and private bathroom, making it perfect for hosting family and friends. Tucked away on a private cul-de-sac just off New Scotland Road, this home offers privacy while remaining close to everything Albany has to offer. Enjoy walking distance to Capital Hills Golf Course, Academy of the Holy Names, public parks, and community gardens, along with convenient access to major highways. Just minutes from Albany Medical Center, St. Peter's Hospital, Downtown Albany, restaurants, shopping, and more. A rare opportunity to enjoy impressive indoor living, resort-style outdoor amenities, and an exceptional Albany location--all in one property.

3 Beds ⋅ 4 Baths ⋅ 202623864 MLS

Welcome home to this beautifully maintained contemporary-style property. The main-house features 3 bedrooms, 2.5 bathrooms, over 2,500sqft of living space. Step inside and be greeted by a breathtaking living room highlighted by a dramatic floor-to-ceiling fireplace and soaring 30+ foot ceilings, creating an impressive and inviting centerpiece to the home. Beautiful chefs' kitchen with brand new appliances. First floor bedrooms, laundry, office space and updated HVAC. Upstairs is a gorgeous private primary suite with expansive tile bathroom and large walk in closet. The outdoor space is truly made for entertaining. With over more than 1/2 an acre of private living space you can enjoy a paver patio with a built-in fire pit, tranquil waterfall feature flowing into a small pond, and an in-ground heated swimming pool. The dedicated pool/guest house completes the backyard retreat with its own kitchenette and private bathroom, making it perfect for hosting family and friends. Tucked away on a private cul-de-sac just off New Scotland Road, this home offers privacy while remaining close to everything Albany has to offer. Enjoy walking distance to Capital Hills Golf Course, Academy of the Holy Names, public parks, and community gardens, along with convenient access to major highways. Just minutes from Albany Medical Center, St. Peter's Hospital, Downtown Albany, restaurants, shopping, and more. A rare opportunity to enjoy impressive indoor living, resort-style outdoor amenities, and an exceptional Albany location--all in one property.

22 Olive Tree Lane

$799,000

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.

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

$449,900

In the heart of Albany's vibrant Center Square neighborhood, this historic brownstone puts the best of city living right outside your door. Grab your morning coffee next door, meet friends for lunch or dinner, catch a show at Lark Hall, or take a stroll through Washington Park--all without getting in the car. From Park Playhouse and Tulip Fest to holiday celebrations, there's always something happening nearby. And when the Fourth of July rolls around, you can enjoy the fireworks from the comfort of your own home. Inside, four floors of living space are filled with the character and craftsmanship that make historic homes so special. Ten-foot ceilings, original woodwork, picture and crown molding, inlaid wood floors, pocket doors, stained glass, decorative fireplaces and period-appropriate wallpaper create a home with a strong sense of place. Two balconies add outdoor space, while the right-sized yard offers plenty of potential without demanding all your time. The lower level provides flexibility for additional living space, a home office, or the opportunity to create a separate apartment for auxiliary income. An easement for one parking space in the rear adds a welcome bit of convenience to city living. 277 Lark Street - a home with history, character and flexibility, in a neighborhood where you can truly leave the car behind.

4 Beds ⋅ 3 Baths ⋅ 202623820 MLS

In the heart of Albany's vibrant Center Square neighborhood, this historic brownstone puts the best of city living right outside your door. Grab your morning coffee next door, meet friends for lunch or dinner, catch a show at Lark Hall, or take a stroll through Washington Park--all without getting in the car. From Park Playhouse and Tulip Fest to holiday celebrations, there's always something happening nearby. And when the Fourth of July rolls around, you can enjoy the fireworks from the comfort of your own home. Inside, four floors of living space are filled with the character and craftsmanship that make historic homes so special. Ten-foot ceilings, original woodwork, picture and crown molding, inlaid wood floors, pocket doors, stained glass, decorative fireplaces and period-appropriate wallpaper create a home with a strong sense of place. Two balconies add outdoor space, while the right-sized yard offers plenty of potential without demanding all your time. The lower level provides flexibility for additional living space, a home office, or the opportunity to create a separate apartment for auxiliary income. An easement for one parking space in the rear adds a welcome bit of convenience to city living. 277 Lark Street - a home with history, character and flexibility, in a neighborhood where you can truly leave the car behind.

277 Lark Street

$1,650,000

Commercial portfolio at 10% CAP RATE consisting of 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot. Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street. Signed NDA and Proof of Funds required. See associated docs for property factsheet.

202623796 MLS

Commercial portfolio at 10% CAP RATE consisting of 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot. Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street. Signed NDA and Proof of Funds required. See associated docs for property factsheet.

337 Central Avenue

$258,000

Excellent opportunity to own a spacious 2 family property offering 2 flats with approximately 2,732SF of total living space. Each unit features 3 BRS and 1 BA, providing a total of 6 BRS and 2 BA. A great option for owner occupants looking to offset expenses with rental income or investors seeking to add to their portfolio. Situated on a manageable .08 acre lot with a small backyard for outdoor enjoyment. Generous living space, flexible occupancy options, and investment potential make this property one to consider. Separate Utilities.

6 Beds ⋅ 2 Baths ⋅ 202623794 MLS

Excellent opportunity to own a spacious 2 family property offering 2 flats with approximately 2,732SF of total living space. Each unit features 3 BRS and 1 BA, providing a total of 6 BRS and 2 BA. A great option for owner occupants looking to offset expenses with rental income or investors seeking to add to their portfolio. Situated on a manageable .08 acre lot with a small backyard for outdoor enjoyment. Generous living space, flexible occupancy options, and investment potential make this property one to consider. Separate Utilities.

139 Ontario Street

$715,000

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.

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

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.

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

$639,900

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

5 Baths ⋅ 202623729 MLS

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street

$639,900

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

5 Beds ⋅ 5 Baths ⋅ 202623726 MLS

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street

$119,000

Investor opportunity in Albany's historic Mansion District. 99 Philip St is a two-family property offering approximately 2,800 square feet of living space with significant value-add potential. 2 bedrooms, 1 bathroom, living room, dining area and kitchen on both levels. Features gas heat, vinyl siding, fenced backyard, a full basement, and a substantial multifamily footprint ready for renovation and repositioning. Located minutes from Downtown Albany, the Empire State Plaza, State Capitol, major employment centers, public transportation, and highway access, the property is well positioned for future rental demand or resale. Being sold as part of an estate, this two-unit offers investors an opportunity to improve the existing floor plan, increase rental income potential, and capitalize on the size and location. With the right scope of work, 99 Philip Street offers multiple paths to creating value through renovation, stabilization, and long-term ownership or resale.

4 Beds ⋅ 2 Baths ⋅ 202623601 MLS

Investor opportunity in Albany's historic Mansion District. 99 Philip St is a two-family property offering approximately 2,800 square feet of living space with significant value-add potential. 2 bedrooms, 1 bathroom, living room, dining area and kitchen on both levels. Features gas heat, vinyl siding, fenced backyard, a full basement, and a substantial multifamily footprint ready for renovation and repositioning. Located minutes from Downtown Albany, the Empire State Plaza, State Capitol, major employment centers, public transportation, and highway access, the property is well positioned for future rental demand or resale. Being sold as part of an estate, this two-unit offers investors an opportunity to improve the existing floor plan, increase rental income potential, and capitalize on the size and location. With the right scope of work, 99 Philip Street offers multiple paths to creating value through renovation, stabilization, and long-term ownership or resale.

99 Philip Street

$899,900

A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

202623554 MLS

A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

83 Central Avenue

$265,000

383 Orange Street: Recently renovated, featuring brand-new flooring and fresh, modern paint. Move-in ready for your future tenants or for yourself. Both units are fully vacant, giving you complete control to screen and select your own quality tenants from day one.Located in the heart of Albany, this property provides easy access to the city's amenities, transportation, and major hubs. Its recent upgrades ensure less immediate maintenance for the new owner, allowing for a seamless transition into your portfolio

6 Beds ⋅ 2 Baths ⋅ 202623464 MLS

383 Orange Street: Recently renovated, featuring brand-new flooring and fresh, modern paint. Move-in ready for your future tenants or for yourself. Both units are fully vacant, giving you complete control to screen and select your own quality tenants from day one.Located in the heart of Albany, this property provides easy access to the city's amenities, transportation, and major hubs. Its recent upgrades ensure less immediate maintenance for the new owner, allowing for a seamless transition into your portfolio

383 Orange Street

$350,000

Open House Sunday, 11:30 AM-1:00 PM. Step back in time and explore this meticulously maintained mid-1850s Albany two family brownstone. The owner occupied, two story residence showcases hardwood floors throughout, two original (non functioning) fireplaces, a beautifully renovated kitchen, a full bath with a classic clawfoot tub, a spacious primary bedroom with a walk in closet, and the convenience of an upstairs washer and dryer. The recently renovated garden apartment is leased through February at $1,300 per month. The owner currently pays utilities, and the garden unit also includes its own washer and dryer. Public water and sewer. The main residence is easy to show. Inquire today!

2 Beds ⋅ 2 Baths ⋅ 202623415 MLS

Open House Sunday, 11:30 AM-1:00 PM. Step back in time and explore this meticulously maintained mid-1850s Albany two family brownstone. The owner occupied, two story residence showcases hardwood floors throughout, two original (non functioning) fireplaces, a beautifully renovated kitchen, a full bath with a classic clawfoot tub, a spacious primary bedroom with a walk in closet, and the convenience of an upstairs washer and dryer. The recently renovated garden apartment is leased through February at $1,300 per month. The owner currently pays utilities, and the garden unit also includes its own washer and dryer. Public water and sewer. The main residence is easy to show. Inquire today!

225 Jay Street

$290,000

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

6 Beds ⋅ 3 Baths ⋅ 202623243 MLS

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

151 S Pearl Street

$399,900

** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

8 Beds ⋅ 4 Baths ⋅ 202623231 MLS

** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

101 S Pine Avenue

$334,000

Opportunity awaits, 2 FAMILY POTENTIAL. 50 years of cherished single family ownership, this stunning Victorian home, timeless character is ready to welcome a new owner/investor. New gourmet kitchen with premium Bosch appliances, new boiler, new chimney liner, roof and front porch maintenance, repairs in progress. Three full bathrooms -- one conveniently located on each floor. 2nd and 3rd floors each offer partial kitchens. Spacious living areas including an elegant living room, a charming library with a cozy window seat, and an oversized formal dining room perfect for gatherings. There is room for everyone, with additional living space available on the third floor. Unwind on the private back deck or relax on the inviting front porch. Ideally located near hospitals, shopping, restaurants, entertainment, and just steps from three bus lines, this exceptional Victorian blends historic charm with modern comfort in a truly convenient location. Home is currently assessed at $389,900. Listing agent will assist the buyer to file a tax grievance, May 2027. Ductless A/C to be sold as is, operating but older units. Electric thermostat, baseboard heat on the 3rd floor, sold as is.

3 Beds ⋅ 4 Baths ⋅ 202623045 MLS

Opportunity awaits, 2 FAMILY POTENTIAL. 50 years of cherished single family ownership, this stunning Victorian home, timeless character is ready to welcome a new owner/investor. New gourmet kitchen with premium Bosch appliances, new boiler, new chimney liner, roof and front porch maintenance, repairs in progress. Three full bathrooms -- one conveniently located on each floor. 2nd and 3rd floors each offer partial kitchens. Spacious living areas including an elegant living room, a charming library with a cozy window seat, and an oversized formal dining room perfect for gatherings. There is room for everyone, with additional living space available on the third floor. Unwind on the private back deck or relax on the inviting front porch. Ideally located near hospitals, shopping, restaurants, entertainment, and just steps from three bus lines, this exceptional Victorian blends historic charm with modern comfort in a truly convenient location. Home is currently assessed at $389,900. Listing agent will assist the buyer to file a tax grievance, May 2027. Ductless A/C to be sold as is, operating but older units. Electric thermostat, baseboard heat on the 3rd floor, sold as is.

52 S Allen Street

$325,000

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

5 Beds ⋅ 4 Baths ⋅ 202622792 MLS

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

90 Madison Avenue

$329,777

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

6 Beds ⋅ 3 Baths ⋅ 202622735 MLS

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

52 Park Avenue

$2,300,000

(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.

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

$300,000

This two-unit duplex presents a strong opportunity for investors or owner-occupants looking to generate rental income. The property contains approximately 2,568 square feet and features two three-bedroom apartments with comfortable living rooms, kitchens, and full baths. Each apartment has separate utilities. Situated on a 0.11-acre lot in a convenient Albany location close to local amenities, this property offers solid income potential and would make a great addition to any real estate portfolio.

6 Beds ⋅ 2 Baths ⋅ 202622722 MLS

This two-unit duplex presents a strong opportunity for investors or owner-occupants looking to generate rental income. The property contains approximately 2,568 square feet and features two three-bedroom apartments with comfortable living rooms, kitchens, and full baths. Each apartment has separate utilities. Situated on a 0.11-acre lot in a convenient Albany location close to local amenities, this property offers solid income potential and would make a great addition to any real estate portfolio.

698 Central Avenue

$2,300,000

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.

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

$250,000

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

202622658 MLS

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

372 Madison Avenue

$225,000

Deadline for offers, Tuesday, September 8th at 6pm.** This award-winning historic residence is the proud recipient of the Historic Albany Foundation's Preservation Merit Award. Meticulously renovated and tastefully updated within the past five years, this turnkey property seamlessly blends timeless architectural character with today's modern comforts. Extensive improvements include updated roof, electrical, plumbing, and mechanical systems, offering peace of mind for years to come. The owner's residence welcomes you with a bright and inviting living room featuring beautifully refinished hardwood floors, a gracious center dining room highlighted by a handsome traditional staircase, and a stunning gourmet kitchen complete with a center island, granite countertops, stainless steel appliances, and an atrium door leading to a private balcony with stairs to a fully fenced crushed-stone courtyard--an ideal outdoor retreat. A convenient powder room with a window completes the main level. Upstairs, the spacious primary suite features a charming bay window and a private en-suite bath. Two additional rear bedrooms, a well-appointed hall bath, and a conveniently located laundry alcove complete the second floor. The garden level offers an excellent income-producing opportunity or guest accommodations with a separate apartment featuring a combined kitchen and sitting area, rear bedroom with direct access to the private courtyard, and a full bath. Estimated rental income is $900+ per month. Additional features include a sub-basement beneath the front portion of the building with crawl space. Situated on a corner lot, the home enjoys exceptional natural light throughout. Just steps from the restaurants, cafés, shops, parks, entertainment and cultural attractions. Move-in ready and offering the perfect combination of historic charm, modern updates, and investment potential.

4 Beds ⋅ 4 Baths ⋅ 202622461 MLS

Deadline for offers, Tuesday, September 8th at 6pm.** This award-winning historic residence is the proud recipient of the Historic Albany Foundation's Preservation Merit Award. Meticulously renovated and tastefully updated within the past five years, this turnkey property seamlessly blends timeless architectural character with today's modern comforts. Extensive improvements include updated roof, electrical, plumbing, and mechanical systems, offering peace of mind for years to come. The owner's residence welcomes you with a bright and inviting living room featuring beautifully refinished hardwood floors, a gracious center dining room highlighted by a handsome traditional staircase, and a stunning gourmet kitchen complete with a center island, granite countertops, stainless steel appliances, and an atrium door leading to a private balcony with stairs to a fully fenced crushed-stone courtyard--an ideal outdoor retreat. A convenient powder room with a window completes the main level. Upstairs, the spacious primary suite features a charming bay window and a private en-suite bath. Two additional rear bedrooms, a well-appointed hall bath, and a conveniently located laundry alcove complete the second floor. The garden level offers an excellent income-producing opportunity or guest accommodations with a separate apartment featuring a combined kitchen and sitting area, rear bedroom with direct access to the private courtyard, and a full bath. Estimated rental income is $900+ per month. Additional features include a sub-basement beneath the front portion of the building with crawl space. Situated on a corner lot, the home enjoys exceptional natural light throughout. Just steps from the restaurants, cafés, shops, parks, entertainment and cultural attractions. Move-in ready and offering the perfect combination of historic charm, modern updates, and investment potential.

164 Lark Street

$2,149,000

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

202622391 MLS

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

261 Central Avenue