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8 Leonard Place, Albany
$298,000
6 Beds ⋅ 2 Baths ⋅ 202628931 MLS
Great opportunity for both investors and owner-occupants! Located on a quiet street in Albany, this two-unit property offers a convenient location directly across from a school and is just down the road from a park and minutes from local amenities. One unit is vacant and updated, making it ready for its next owner or tenant, while the oversized second unit is occupied and features a finished attic for additional living space. The occupied unit currently rents for $1,600 per month, providing immediate rental income. Whether you're looking to live in one unit while generating income from the other or add another property to your investment portfolio, this two-family offers plenty of potential in a convenient Albany location.

8 Leonard Place, Albany

831 Washington Avenue, Albany
$350,000
6 Beds ⋅ 2 Baths ⋅ 202628916 MLS
Welcome to this stunning, structurally solid Albany two-family home, offering a perfect blend of historic charm and modern updates. Perfect for an investor or an owner-occupant, this property features two beautiful layouts boasting solid wood trim, custom woodwork around the doorways, and timeless hardwood floors throughout. The spacious second-floor unit is intentionally vacant, making it an ideal opportunity for an owner-occupant. This larger unit offers an exceptional living experience, featuring a front balcony and a large private rear balcony perfect for outdoor relaxation. Cooking enthusiasts will love the kitchens gas stove, and the bathroom has been newly renovated. The first-floor unit is occupied by great tenants, providing immediate stability. Both units enjoy access to a spacious yard ideal for outdoor activities, a large basement, and a massive walk-up attic offering endless possibilities for storage or future customization. Conveniently located close to local shops, restaurants, and public transportation, this home features amazing architecture, solid bones, and an unbeatable location. Schedule your tour today to see all the potential this incredible property has to offer.

831 Washington Avenue, Albany

39 Irving Street, Albany
$360,000
2 Beds ⋅ 2 Baths ⋅ 202628887 MLS
Updated 2-family nestled in Albany's tree-lined vibrant neighborhood known for it's strong sense of community. This prime Center Square & Hudson Park Historic District is walking distance to restaurants, galleries, boutiques, farmers market, Washington Park, MVP Arena, Empire State Plaza & downtown employment, Albany Med in 4 blocks. Enjoy easy living walking to unique coffee shops (Station 6, Daily Grind), local bars, outdoor concerts & festivals in this tight knit community. Retreat to your sweet pad as each unit offers modern comfort w/ a new kitchen, bath, vinyl floors, fresh paint, new appliances. Rent both units OR occupy a unit while your tenant pays your mortgage. This property is a win-win return-on-investment! Enjoy the fenced in backyard & gardens under the stars. Lower unit features 1 bedroom, 1 bath, gorgeous kitchen with breakfast bar, solid surface counter tops, open living room, washer/dryer & new dishwasher. Upper unit has a brand new updated bathroom, 1 bedroom, vaulted ceiling, lots of natural light, a spacious living room, cozy reading nook or home office space, big kitchen w/ all new appliances and breakfast nook, plus a back porch balcony for relaxing. Both units have ample storage, closet space. Current rent is $1350 for each unit, however, market rent is $1500 for 1 bedroom. On street parking w/ residential permit. Most recent updates: new exterior paint, new front stairs, new basement window, new roof.

39 Irving Street, Albany

638 Providence Street, Albany
$430,000
6 Beds ⋅ 3 Baths ⋅ 202628815 MLS
Take advantage of this versatile, well-maintained two-family property offering excellent income potential and flexible living arrangements! Whether you're looking to generate rental income or offset your mortgage by living in one unit and renting the other, this property offers plenty of possibilities. The first-floor unit features 3 bedrooms, 2 full bathrooms, a living room, dining room, and an additional rear area for living space, and it leads to a lovely deck—perfect for enjoying outdoor space. . The second-floor unit offers 3 bedrooms, 1 full bathroom, a living room, dining room, and an enclosed front porch that provides additional versatile space. The property also features a clean, dry basement with ample storage potential, off-street parking, coin-operated laundry, and separate utilities—all valuable amenities for both residents and property owners. Conveniently located near hospitals and the SUNY campus, this property offers an appealing location for homeowners and potential tenants alike. Live in one unit and rent the other, or add this promising property to your investment portfolio! Don't miss this opportunity to own a well-maintained two-family home with plenty of potential.

638 Providence Street, Albany

32 Colby Street, Albany
$220,000
6 Beds ⋅ 2 Baths ⋅ 202628775 MLS
Prime Albany investment location offering unbeatable convenience and vibrant neighborhood living! Located directly across the street from the green open spaces and playground of Colby Park—and just steps from historic Swinburne Park—this home puts recreation right at your doorstep. Everyday errands are effortless with CDTA bus routes around the corner and premier shopping/dining at Westgate Plaza and Central Ave under 3 minutes away. Enjoy quick, easy access to all of Albany's best cultural hubs: just ~5-7 minutes (~2 miles) to historic Washington Park and the boutique dining, arts, and coffee shops of vibrant Lark Street, and under 10 minutes (approx. 3.5 miles) to Downtown Albany, the State Capitol complex, and major highways. A rare find combining quiet parkside views with rapid access to everything the Capital District has to offer! Roof Is only 5 years old & newer hot water tanks. Street Parking. 1st Floor unit is vacant 2nd Floor unit will be Vacant on 11/30/2026 at the latest

32 Colby Street, Albany

101 Philip Street, Albany
$324,000
6 Beds ⋅ 3 Baths ⋅ 202628676 MLS
Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. One apartment is currently leased at $1,450 per month, with the remaining two units vacant, offering immediate leasing flexibility or an opportunity for owner-occupancy. Projected gross rental income is $49,680 annually ($4,140/month) based on estimated market rents.

101 Philip Street, Albany

29 Turner Place, Albany
$399,900
5 Beds ⋅ 2 Baths ⋅ 202628658 MLS
A RARE TWO-FAMILY OPPORTUNITY—A HOME OF YOUR OWN WITH RENTAL INCOME POTENTIAL! Welcome to 29 Turner Place, a well-maintained legal two-family in Albany's desirable Whitehall neighborhood. 5 bedrooms, and 2 full bathrooms across two units. Make one unit your home and rent the other to help offset ownership costs, or add this versatile property to your investment portfolio. Spacious living areas, attractive flooring, inviting kitchens, and beautifully finished bathrooms create a welcoming feel throughout. A generous front yard and spacious backyard offer room for outdoor dining, gardening, and relaxing. The exceptionally spacious, partially finished basement offers ample storage and the opportunity to complete the remaining space to suit your vision, subject to any required approvals. Enjoy the space you want, a desirable Albany location, and the flexibility of two-family ownership. Schedule your private showing today!

29 Turner Place, Albany

364-366 Madison Avenue, Albany
$1,150,000
12 Beds ⋅ 6 Baths ⋅ 202628618 MLS
Excellent opportunity to acquire a 6-unit multifamily portfolio with an adjoining vacant lot in the heart of downtown Albany! Featuring two three-family buildings at 341 and 364 Madison Avenue, this investment offers a desirable mix of newer construction and updated apartments. 364 Madison, built in 2020, features spacious modern layouts, open-concept living, contemporary kitchens, central air, and in-unit laundry. Both properties offer strong rental income and attractive layouts in a highly desirable downtown location. The adjoining vacant lot at 366 Madison provides additional flexibility and potential. Conveniently located near the NYS Capitol, Empire State Plaza, restaurants, and downtown amenities. Portfolio sale only!

364-366 Madison Avenue, Albany

5 Berncliff Avenue, Albany
$469,900
4 Beds ⋅ 2 Baths ⋅ 202628572 MLS
Two Family Albany, NY. Nestled off of New Scotland Avenue in Albany's Upper Part, this two-family home offers a rare and quiet invitation. First floor offers a large living room and cozy fireplace. Formal dining room, two comfortable bedrooms: the primary is generous size, opens to a large walk-in closet and a three-season room, An ideal nook for morning coffee. Full basement holds possibilities and includes the laundry room. Second unit includes a combined living room open to the dining area. Two bedrooms, primary bedroom room leads to an extra room, possibilities for an office or laundry room. Attached garage. Plenty of parking space. Large backyard. Close to all shopping, hospitals, highways. The choice is yours to continue to rent or step into ownership for the future.

5 Berncliff Avenue, Albany

16 Mapleridge Avenue, Albany
$207,000
3 Beds ⋅ 2 Baths ⋅ 202628477 MLS
**TURNKEY TWO-FAMILY OPPORTUNITY IN ALBANY!** Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained property is ready to go! Both apartments offer **modern, comfortable living spaces**, plus the convenience of a **shared laundry area**. A **2-car garage with additional storage** is a fantastic bonus, along with a large paved driveway—only approximately 4 years old—with parking for **up to 8 vehicles**. The first-floor unit is currently occupied by an **excellent, reliable tenant who pays on time and takes wonderful care of the apartment**. The second-floor unit is vacant and ready for a new tenant or owner-occupant, and was previously rented for **$1,100/month**, offering immediate income potential. Conveniently located in an established Albany neighborhood with a mix of single-family and multi-family homes. Enjoy quick highway access for an easy commute and close proximity to grocery stores, restaurants, schools, shopping and everyday conveniences. **Downtown Albany and Delmar are just minutes away**, schools are within walking distance, and a neighborhood park is located right up the street. With **two modern apartments, garage and storage space, abundant off-street parking, existing rental income and a vacant unit ready for occupancy**, this property offers flexibility that's hard to beat. **Priced to compete in today's market—add it to your investment portfolio or move in and let your tenant help offset your housing costs. Turnkey and ready for its next owner!**

16 Mapleridge Avenue, Albany

85 S Lake Avenue, Albany
$449,000
6 Beds ⋅ 4 Baths ⋅ 202628433 MLS
85 South Lake Ave is a unique two-family duplex rowhouse located in one of Albany's best rental corridors - directly on Washington Park. Each apartment has two floors of living space, three bedrooms and two full bathrooms each. The total living space is 2,639 sq. ft. Both units have been renovated and updated. Major improvements include; new water and sewer lines, plumbing, kitchens, updated electrical, new windows, added insulation, newly painted, new exterior stairs, washer and dryer hook-ups, motion senser lighting, new and updated bathrooms. The main roof and furnace are approximately 10 years old. Front porch and kitchen roof are less than two years old. Each unit includes large rooms and closets, comfortable living spaces, ample natural light and functional layouts. The utilities are not split and have never been a cost or convenience issue. The building is incredibly efficient, being a row house with new insulation and windows. This building is a great turn-key investment opportunity - ready to rent or for owner occupied. Gross annual rental revenue is over $51,000. Both units are currently vacant due to renovation, creating the rare opportunity for the owner to place their own tenants at current market rates to maximize cash flow. The prime location makes renting easy - 98% occupancy rate over the last 30 years. On-street parking is readily available at all hours - most of the row houses have off-street parking. Off-street parking is possible with City of Albany approval.

85 S Lake Avenue, Albany

94 Ontario Street, Albany
$199,000
4 Beds ⋅ 2 Baths ⋅ 202628393 MLS
Great investment opportunity at 94 Ontario Street in Albany! This updated two-family property offers 2,024 square feet of living space, featuring 4 bedrooms and 2 full bathrooms, with each unit offering 2 bedrooms. Both units generate $1,100 per month, providing a combined rental income of $2,200 monthly or $26,400 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1880, this property offers updated living spaces, a full basement, and existing rental income. Whether you're an experienced investor looking to expand your portfolio or purchasing your first multifamily property, 94 Ontario Street offers a great opportunity to generate income and build equity. Schedule your showing today!

94 Ontario Street, Albany

528 1st Street, Albany
$139,000
6 Beds ⋅ 2 Baths ⋅ 202628385 MLS
Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time. Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!

528 1st Street, Albany

346 Hudson Avenue, Albany
$460,000
4 Beds ⋅ 3 Baths ⋅ 202628342 MLS
Fantastic opportunity for owner-occupants or investors in the heart of Albany's highly desirable Center Square/Hudson Park neighborhood! Meticulously maintained and filled with charm, this spacious 3-unit property offers incredible income potential with over $4,500/month in projected rental income when fully occupied! Offering immediate owner-occupancy potential with a vacant basement unit, this property is ideal for those looking to live in one unit while generating rental income from the others. Both the basement and second-floor units have been updated, featuring updated kitchens with stainless steel appliances and updated bathrooms. Beautiful hardwood flooring flows throughout the first and second floors, while the basement unit features new tile flooring. Each unit is filled with natural light, charm, and character, creating warm and inviting living spaces. Additional highlights include a new roof, new sewer line, and the convenience of shared basement laundry. Location, location, location! Just minutes from Washington Park, Albany Medical Center, St. Peter's Hospital, SUNY Albany, Lark Street, downtown Albany, state offices, the Capitol, and an abundance of coffee shops, restaurants, art galleries, nightlife, and other desirable downtown attractions. Whether you're looking to expand your investment portfolio or enjoy city living while collecting rental income, this is an opportunity you won't want to miss! Schedule your showing today!

346 Hudson Avenue, Albany

432 Clinton Avenue, Albany
$280,000
4 Beds ⋅ 3 Baths ⋅ 202628258 MLS
Charming Albany Brownstone Triplex - Excellent Investment Opportunity! Own a beautiful brownstone triplex in a convenient downtown Albany location! Ideal for investors or owner-occupants, this property features three units, each with its own unique charm, hardwood floors, and eat-in kitchens. Unit 3 is vacant and ready for an owner-occupant or new tenant. Units 1 and 2 are occupied, with rent payments up to date. Recent updates include a newer rubber roof and hot water heaters. All units have separate electric meters and electric heat, with tenants responsible for their own electric costs. Conveniently located on a bus line and near Washington Park, local shops, restaurants, the Palace Theatre, and downtown amenities. Situated within an Albany Opportunity Zone, this property offers excellent potential to build equity and generate rental income. A fantastic opportunity to own a versatile, income-producing property in the heart of Albany!

432 Clinton Avenue, Albany

695 State Street, Albany
$397,000
6 Beds ⋅ 3 Baths ⋅ 202628110 MLS
Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually.

695 State Street, Albany

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