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$445,000
6 Beds 5 Baths 202612772 MLS
Located in the heart of Center Square, this historic brick brownstone multi-family building offers a fantastic opportunity to own in one of Albany's most vibrant neighborhoods. Just steps from the shops, restaurants, and nightlife of lively Lark Street and minutes to Albany Med, this location offers the best of city living with everyday convenience. Enjoy city views from the floor-to-ceiling windows, beautiful natural light, and 3 huge flats (each over 1,000 sq ft). The atrium area allows for endless opportunity and can easily be reimagined into a chic outdoor oasis. The garden apartment includes 2 bedrooms, 1 bathroom, and laundry in unit. Unit 2 includes 2 bedrooms and 2 full bathrooms, laundry in unit, and a deck off the second bedroom. Unit 3 includes 2 bedrooms, 2 full bathrooms, a large open living and dining area, and beautiful city views. Owner pays electric/internet for the 1st floor unit only; separate utilities for each unit. All units have gas fireplaces for supplemental heat. Ideal for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a strong addition to their portfolio, the property provides great flexibility and potential. The home also features a generously sized yard space--an uncommon find in the city--great for outdoor enjoyment. Permit parking is available behind the building for added convenience. A prime Center Square location, solid brick construction, and excellent rental capacity make this a great opportunity in the heart of Albany.

285 Lark Street

$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

$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

$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

$575,000
11 Beds 5 Baths 202514094 MLS
Fantastic 5-unit investment property in beautiful Albany! This stunning, large brick building has been meticulously maintained for over 20+ years by the current owner. This is a rare find, one that offers both charm and strong investment potential. Featuring five spacious apartments, this property boasts gleaming real hardwoods floors, updated kitchens & bathrooms, and coin operated laundry room for tenant convenience. Enjoy the benefits of long-term tenants and excellent cash flow, making this a prime opportunity for any investor. The property includes a two-car garage and off street parking. Situated in the heart of Albany, this well maintained building is perfect for generating steady rental income while appreciating in value. Dont miss out on this incredible investment.

30 O'Connell Street

$340,000
8 Beds 4 Baths 202513968 MLS
Located in the historic Ten Broeck Triagle area, close to downtown, this beautiful brown stone offers over 5,500sf of possibilities! Gorgeous views of the city, original built-ins, 9' and 13' ceilings throughout, stunning crown moldings, exposed brick and ornate columns. Convert the building to a palatial single residence or three to five rental units (depending upon creating a two-story unit). Photos reflect current as-is condition and AI generated video potential post rehab. Some existing updates include a rustic kitchen w/ exposed brick, two newer HVAC units, electrical, remodeled bathroom, original hardwood floors, 4 year old roof with skylight,.dry basement and so much more. Over $9,000 per month gross income post rehab based upon current conservative market rents.

49 Ten Broeck Street, Albany

$600,000
5 Beds 4 Baths 202511998 MLS
Own a Piece of History - A Gothic Revival Gem Just a Train Ride from NYC! Step into the past with this breathtaking 1848 Gothic Revival home, originally built for Theodore Van Heusen and meticulously restored for modern living. Located in Albany's prestigious Mansion neighborhood, this architectural masterpiece sits directly across from Bleecker Park and offers unparalleled charm, character, and convenience. Enjoy stunning original woodwork, abundant natural light, and a picturesque perennial garden with sweeping views of downtown Albany. Fully restored in 2005 with modern utilities, this home blends historic elegance with contemporary comfort. Walkable to the Empire State Plaza, cultural venues, top-tier dining, and scenic parks, plus easy access to the Bike Trail. Move right in!

6 Madison Place

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