Refine Search
Sort by
$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

$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

$577,000
6 Beds 4 Baths 202530311 MLS
A beautifully revived 1890 Victorian in the heart of Albany's beloved Pine Hills neighborhood, this home sits just steps from cafés, green spaces, and the vibrant local scene along Madison Ave. It's perfectly placed for anyone who values community, convenience, and historic charm. Arched, glass-paned doors open to a wide foyer where original details shine - 9.5-foot ceilings, intricate woodwork, picture rails, and hardwood floors carried throughout. The gracious staircase and tucked-away powder room anchor the entry, leading to two generous living rooms with bay windows and pocket doors, one features a dramatic green-tiled fireplace. The dining room, complete with a gas fireplace and corner built-in, connects to a true butler's pantry and into the updated eat-in kitchen. Stone countertops, stainless appliances, a walk-in dry pantry, and access to the back staircase create a warm and functional hub. An enclosed porch offers a quiet spot for morning sunlight. Upstairs, the second-floor landing leads to a king-sized primary bedroom with its own fireplace, bay window, walkthrough dressing room, and updated ensuite bath. A connecting closet links the primary to a jr suite - ideal for a nursery, office, or dream dressing space. A classic Victorian bath with claw-foot tub, a linen cupboard, a third bedroom, and access to an airy back balcony complete this level. The third floor offers flexibility with three additional rooms - perfect for guests, studios, or work-from-home needs - plus an updated full bath and a large unfinished storage area. Outside, a wraparound porch sits beneath mature trees, creating a welcoming space to sip coffee and chat with neighbors. Just mins to downtown Albany, the train station, airport, and steps from local colleges, this home's location is unmatched. With its historic detail, generous layout, multi-use zoning, and neighborhood charm, this is a rare opportunity to live, work, and thrive in a picturesque pocket of Pine Hills

2 S Pine 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

$490,000
6 Beds 4 Baths 202526670 MLS
Rare opportunity on Manning Boulevard! This stately 4-unit property is situated among beautiful single-family homes dating back to the late 1800s, offering historic charm and a prime location. With over 4,200 sq. ft. of living space, the building features two 2BR/1BA units upstairs and two 1BR/1BA units on the first floor—each with its own private entry. One unit is vacant and ready for an owner-occupant, while the others are rented month-to-month, providing flexibility for investors. All ROP's are current as of June 2025. Additional highlights include a 3-car detached garage, driveway, and separate utilities for all units. While the home does need some updates, the bones are solid, and the property's potential is undeniable. Multifamily opportunities of this size and location are extremely rare in Albany. Don't miss your chance to own on sought-after Manning Boulevard!

50 Manning Boulevard

$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

$590,000
6 Beds 4 Baths 202523952 MLS
*Open House, Sept 13th, Saturday 12pm-2pm* Here is a chance to own this elegant 4,500 sq ft Colonial residence, gracefully set on 1.5 acres in the highly desirable Bishop Gate of Loundoville. This expansive home features 5 generously sized bedrooms, a versatile bonus room, formal LR & DR, and a grand ballroom—ideal for hosting and entertaining. The updated kitchen and 3 luxurious marble bathrooms are sure to impress! Enjoy year-round relaxation in the 4-season room, complete with its own cozy fireplace. This home is ideal for multigenerational living and offers excellent in-law suite potential. Offered at a price that allows you to customize and add your own personal touches, this home is a rare find with exceptional potential. Searching for a forever home or a smart investment? Previously utilized as a corporate rental generating over 6K monthly, it's equally suited for a comfortable living or as a value-add opportunity.

9 Birch Hill Road

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated