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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
20-22 McCrossin Avenue, Albany
$350,000
6 Beds ⋅ 2 Baths ⋅ 202628102 MLS
Large 2 family home. A must see duplex. 3 bedrooms in both units. Hardwood floors throughout both units. Front and back porches for both units. Wonderful front, back and side yard. Basement divided for both units. Washer and dryer hook ups available. Conveniently located near the bus line and both 787 and I90. Schools and hospital within 2 minutes drive and 7 minute walk. Current annual rental income approximately $38,000 with room to increase.

20-22 McCrossin Avenue, Albany
171 N Allen Street, Albany
$320,000
6 Beds ⋅ 2 Baths ⋅ 202627995 MLS
Beautiful, well-maintained Albany two-family with established rental income! Welcome to 171 N Allen St, a standout property that has been lovingly maintained both inside and out. Offering approximately 2,500 square feet of living space across two units, this property is an excellent opportunity for both first-time buyers and seasoned investors. Pride of ownership is evident throughout, from the well-kept exterior to the thoughtfully maintained interior. Each unit offers three spacious bedrooms, a generously sized living room, and a large, inviting kitchen with ample counter space, plenty of cabinetry, gas stoves, and dishwashers. Both units also feature enclosed rear porches, offering flexible space for additional storage or a cozy sitting area to relax and unwind. The upstairs unit also enjoys a front porch overlooking North Allen Street. Outside, the fenced-in backyard provides a great space for hosting gatherings, entertaining guests, or simply enjoying some fresh air. Additional features include a spacious basement with plenty of room for storage, an existing washer and dryer, and a separate area with potential for a second laundry setup. Both units are currently occupied by great tenants, with leases running through May 2027, providing an established rental schedule from day one. Conveniently located near public transportation, with dining, entertainment, and local amenities all within walking distance. The property is also just a short distance from Albany's colleges and universities, adding to its appeal as a rental property. Whether you're looking to expand your investment portfolio or eventually make one unit your own while generating income from the other, 171 N Allen offers plenty of possibilities. Inquire today!

171 N Allen Street, Albany
8 Alexander Street, Albany
$270,000
5 Beds ⋅ 3 Baths ⋅ 202627982 MLS
Excellent opportunity for your next investment property or first home while producing cash flow. Large 3-Unit needs some rehab. Top floor: 2 bedroom, 2nd floor: 2 bedroom, Garden level: large 1 bedroom. New roof and windows. Conveniently located, close to bus lines and just minutes from the highway. This property is being sold AS-IS. Hold Harmless disclosure to be completed prior to showing.

8 Alexander Street, Albany
60 Clinton Avenue, Albany
$375,000
6 Beds ⋅ 4 Baths ⋅ 202627964 MLS
60 Clinton Street, Albany, NY | Historic Charm & Income Potential Full of charm and character, this well-maintained property features exposed brick, unique repurposed details, and views of St. Joseph's Church and the New York State Capitol. Enjoy a prime downtown location within walking distance of Olde English, McGeary's, The Palace Theatre, and Capital Repertory Theatre. Currently generating $3,500/month in gross rental income, this property offers versatility for investors or owner-occupants, with potential for traditional rentals, traveling nurse housing, or Airbnb, subject to applicable local regulations and approvals. Notable Updates & Improvements: Electrical & Plumbing: Redone around 2006 during a previous owner's rehabilitation of the property. Roof & Exterior: Flat roof replaced (2024), new roof drain (2026), gutters replaced (2016), exterior brick repointing (2023), and backyard improvements. Mechanical & Utilities: Two gas furnaces replaced (2018-2019), all three unit water heaters replaced between 2021 and 2026, and house meter installed (2024). Interiors: Flooring, carpeting, painting, laundry room improvements, and additional updates throughout all three units. A distinctive downtown property combining historic character, ongoing maintenance, established rental income, and exciting possibilities!

60 Clinton Avenue, Albany
864 Madison Avenue, Albany
$599,000
10 Beds ⋅ 202627945 MLS
In the PIne Hills section of Albany, a modernized, clean 4 unit with bright and useful commercial space on ground floor. Each unit is spacious and updated. Great investment opportunity with close proximity to Albany Medical Center, colleges and universities and the music and night life of Albany. Off-street parking.

864 Madison Avenue, Albany
13 Dana Avenue, Albany
$379,900
3 Beds ⋅ 2 Baths ⋅ 202627906 MLS
Wonderful duplex investment opportunity in Albany! Just a two-minute walk to Albany Med and Washington Park, with many other amenities nearby. One unit features 2 bedrooms and 1 bath, while the other provides 1 bedroom plus an office/den that can easily be used as a bedroom. Ideal for flexible living or maximizing rental income. Enjoy the standout benefit of a property that's been renovated inside, with upgrades throughout, plus washer and dryer included in both units. A must-see in a great Albany location!

13 Dana Avenue, Albany
227 Delaware Avenue, Albany
$375,000
7 Beds ⋅ 4 Baths ⋅ 202627785 MLS
*** MULTIPLE OFFERS- Highest and best due on Thursday, October 15, 7PM*** An outstanding opportunity on Albany's vibrant Delaware Avenue! This four unit property offers the ideal combination of income potential, location and flexibility for investors and owner-occupants alike. The building features three 2-bedroom/1 bath apartments and one 1 bedroom/1-bath apartment, along with vinyl replacement windows throughout. A major bonus rarely found with city multifamilies: four garages available for tenant use, adding valuable convenience and rental appeal. The first-floor rear apartment is currently vacant, creating an excellent opportunity for an owner-occupant or allowing an investor to select their next tenant. This unit has been refreshed with a new kitchen floor, new refrigerator, new bathroom vanity and toilet, new blinds, plus an enclosed porch. Tenants also enjoy access to coin-operated shared laundry in the basement. And the location is hard to beat. Situated directly along the Delaware Avenue corridor, the property is convenient to neighborhood restaurants, shopping, services, downtown Albany and major employment centers, with CDTA bus service right along Delaware Avenue providing easy connections throughout the area. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, 227 Delaware Ave offers the versatility, amenities and location that make a multifamily property stand out.

227 Delaware Avenue, Albany
23 Morris Street, Albany
$275,000
6 Beds ⋅ 2 Baths ⋅ 202627775 MLS
Location, Location, Location! Ideally situated within walking distance of Albany Medical Center, Albany Medical College, Albany College of Pharmacy, Albany Law School, and Downtown Albany's vibrant entertainment district. This prime location offers exceptional convenience for residents and strong appeal for tenants, making it an outstanding opportunity for both owner-occupants and investors. With its proximity to major medical, educational, and employment centers, this property offers excellent rental potential and long-term investment appeal.

23 Morris Street, Albany
25 Morris Street, Albany
$310,000
6 Beds ⋅ 2 Baths ⋅ 202627774 MLS
Location, Location, Location! Ideally situated within walking distance of Albany Medical Center, Albany Medical College, Albany College of Pharmacy, Albany Law School, and Downtown Albany's vibrant entertainment district. This prime location offers exceptional convenience for residents and strong appeal for tenants, making it an outstanding opportunity for both owner-occupants and investors. With its proximity to major medical, educational, and employment centers, this property offers excellent rental potential and long-term investment appeal.

25 Morris Street, Albany
204 Jay Street, Albany
$424,500
3 Beds ⋅ 4 Baths ⋅ 202627601 MLS
Nicely maintained maisonette-style property situated along one of Hudson Park's rare cobblestone blocks. Easily accessible to Washington & Hudson/Jay St Parks, Albany Medical Center & St. Peter's Hospital's, SUNY, Albany Law & Pharmaceutical campuses, Lark St corridor, state & legislative institutions, coffee shops, galleries, nightlife and an array of other desirable downtown entities. Separate residences spanning over 2,400+ SQFT across three aesthetically pleasing levels, this historical home features 3 bedrooms, 3 1/2 baths, modern amenities throughout, a private oasis-like backyard & so much more. Additional highlights include bamboo/wood floors, SS appliances, 2nd FL W/D, ceramic tile bath w/soaking tub & skylights. Garden unit is currently being leased for $1,200/month, $14,400 annually with the tenant responsible for paying all utilities - leased until 7/1/2027. A smart investment or savvy owner-occupied opportunity - let your tenant assist with the mortgage while you build equity.

204 Jay Street, Albany
50 Park Avenue, Albany
$319,900
4 Beds ⋅ 3 Baths ⋅ 202627390 MLS
Great opportunity to own a versatile multi-unit property in the heart of Albany! 50 Park Ave features two currently occupied units plus a basement unit to be vacant at time of closing, offering flexibility for an owner-occupant or the opportunity to place a new tenant and maximize rental income. The property also includes a detached garage with two garage spaces. Conveniently located near Lincoln Park, the Empire State Plaza, downtown Albany, restaurants, shopping, and major commuter routes. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income while occupying the available unit, this property offers plenty of possibilities.

50 Park Avenue, Albany
282 Second Avenue, Albany
$249,900
6 Beds ⋅ 2 Baths ⋅ 202627259 MLS
Cash Flowing 2 Family with great rental history bringing in just under 3k a month. A great addition to the existing portfolio or the owner occupant starting out. Located close to 787 and I87 corridor.

282 Second Avenue, Albany
1114 Broadway, Albany
$269,900
6 Beds ⋅ 2 Baths ⋅ 202627252 MLS
Fully rented with excellent Tenants generating 3400 per month This fully remodeled 2 family will cash flow immediately. 2nd Floor unit consists of a 4 bedroom duplex with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor. 2nd Floor features open floor plan with master bedroom two closets and an office off the bedroom. Unit 1 fully updated with large great room and open floor plan. All new kitchens and baths.

1114 Broadway, Albany
176 Jay Street, Albany
$335,000
3 Beds ⋅ 3 Baths ⋅ 202627237 MLS
Modern Two Family in Center Square Albany. Two Level Townhome with Garden Income Apartment. Townhouse has open floor plan first floor with modern kitchen and half bath. Kitchen opens to a large deck and low maintenance garden. Gas fireplace. Second floor has two bedrooms, a small office and full bath with jetted tub. Central Air and Hot Water Heat. Garden Level is a Cozy one bedroom with garden access. 2005 Historic Albany Preservation Award.

176 Jay Street, Albany
10 Bohl Avenue, Albany
$300,000
5 Beds ⋅ 2 Baths ⋅ 202627160 MLS
Beautifully renovated from top to bottom, this two-family home is ideally situated on a low-traffic dead-end street in Albany. Conveniently located near shopping, restaurants, parks, and everyday amenities, with easy access to both Albany and Bethlehem. Recent updates include renovated kitchens and baths in both units, a newer roof, updated heating systems, and newer windows. The spacious second-floor owner's unit features two bedrooms, including a generously sized primary bedroom that was previously two separate bedrooms, plus a large living room and dining room. An enclosed porch provides additional living space, while a charming alcove offers the perfect spot for a small home office or reading nook. The well-maintained and updated first-floor rental offers three bedrooms and is currently occupied by a tenant with a 12-month lease through April 1, 2027. A full basement provides plenty of storage, along with separate utilities and two laundry areas. An inviting front porch and large, level, fully fenced backyard provide appealing outdoor spaces for relaxing and entertaining. The lush yet manageable yard offers plenty of room for gardening, play, or simply enjoying the outdoors. A great opportunity for an owner occupant looking for rental income, an investor seeking a well-maintained two-family property, or anyone looking for the flexibility and income potential of a multi-family home in a convenient Albany location.

10 Bohl Avenue, Albany
95 Lexington Avenue, Albany
$299,999
6 Beds ⋅ 3 Baths ⋅ 202627121 MLS
Attention Investors !! Looking to start or add to your business portfolio this could be a long term money maker 3 Family units rent could be higher. All showing are 48 hrs notice, Prequalified letter or proof of funding before any appointments are confirmed. ,Sold as is.

95 Lexington Avenue, Albany
65 Watervliet Avenue, Albany
$1,250,000
10 Beds ⋅ 9 Baths ⋅ 202627002 MLS
Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3- story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.

65 Watervliet Avenue, Albany
99 Hunter Avenue, Albany
$99,000
4 Beds ⋅ 2 Baths ⋅ 202626990 MLS
Opportunity knocks at 99 Hunter Ave! This property could be one of Albany's best renovation opportunities for an investor looking to create value. Whether you're searching for your next BRRRR project, flip, rental, or a first investment with plenty of upside potential, this property is worth a look. Conveniently located with easy access to shopping, restaurants, major roadways, and everything Albany has to offer. Bring your vision and transform this property into its full potential. A great opportunity for both experienced investors and those looking to take on their next value-add project! Sold as-is Bones are great! **AI Image Disclaimer: Some photos have been digitally enhanced or recreated using AI for illustrative purposes and may not reflect the property's current condition.

99 Hunter Avenue, Albany
249 Manning Boulevard, Albany
$395,000
6 Beds ⋅ 3 Baths ⋅ 202626984 MLS
Excellent multifamily investment opportunity in the desirable Manning Boulevard area. This three-family property offers a versatile unit mix with a spacious first-floor 4 to 5 bedroom apartment and two second-floor one-bedroom apartments. The first-floor layout offers potential for student housing, while the two upper units each feature a private porch. Conveniently located near colleges, hospitals, shopping, restaurants, and major amenities, making this an attractive location for tenants. Large fenced yard provides additional outdoor space for recreation, entertaining, or pets. A great opportunity for investors seeking an income-producing multifamily property with multiple rental units and strong location appeal.

249 Manning Boulevard, Albany
157 Myrtle Avenue, Albany
$399,000
8 Beds ⋅ 2 Baths ⋅ 202626978 MLS
Beautifully updated 2 Family home conveniently located near Albany Med, Empire State Plaza and Center Square. New roof, completely remodeled kitchens and baths, new appliances including washer and dryers for each unit. This would make a great owner-occupied property with nothing to do but move in. It would also be a great addition to your investment property portfolio. Call today to set up a showing!

157 Myrtle Avenue, Albany
402 Clinton Avenue, Albany
$540,000
11 Beds ⋅ 5 Baths ⋅ 202626964 MLS
Beautiful brick 4-unit building that has been updated throughout while maintaining original characteristics. Large apartments with generous layouts for each. 2-car garage with gate to backyard space. Fully rented but third floor can be delivered vacant. Currently a 4-unit with possibility of converting to 6 units.

402 Clinton Avenue, Albany
108 Southern Boulevard, Albany
$599,000
12 Beds ⋅ 4 Baths ⋅ 202626942 MLS
Great investment opportunity in a prime Albany location. This large 4-unit property features spacious 3-bedroom, 1-bath units with in-unit laundry and modern finishes. Potential gross income of approximately $6,000/month. Two units are currently occupied at $1,500/month each (MTM leases), one unit is being delivered vacant, and the fourth tenant is expected to vacate by the end of October.

108 Southern Boulevard, Albany
55 Ten Eyck Avenue, Albany
$339,500
6 Beds ⋅ 2 Baths ⋅ 202626765 MLS
Don't miss this spacious and beautifully maintained two-family home, conveniently located near hospitals, schools, shopping, and more! Filled with character, this beauty features gorgeous hardwood floors and beautiful original woodwork throughout. Enjoy two inviting front porches plus an enclosed back porch. Both units offer spacious bedrooms, eat-in kitchens, and washer/dryer hookups. Off-street parking adds extra convenience. A wonderful opportunity for an owner-occupant or investor. Don't miss your chance to make this well-cared-for property yours!

55 Ten Eyck Avenue, Albany
531 Western Avenue, Albany
$599,900
10 Beds ⋅ 10 Baths ⋅ 202626752 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, Albany
281 Ontario Street, Albany
$265,000
6 Beds ⋅ 2 Baths ⋅ 202626697 MLS
Excellent investment opportunity in a convenient Albany location! This two-family property features two spacious 3-bedroom, 1-bath flats and is currently vacant and ready for new tenants. Each unit offers baseboard heat and separate utilities, providing a straightforward setup for an owner or investor. Located within walking distance of bustling shops, restaurants, entertainment, and neighborhood amenities. A great opportunity for a seasoned investor looking to add to their portfolio or a new investor entering the rental market. Professional property management is also available if desired.

281 Ontario Street, Albany
512 Yates Street, Albany
$235,000
6 Beds ⋅ 2 Baths ⋅ 202626596 MLS
Great investment opportunity in Albany's Pine Hills neighborhood! This spacious two family property offers generously sized units and separate utilities, making it an attractive option for investors or owner occupants. The first floor unit features hardwood floors, a large kitchen, and the convenience of an in unit washer and dryer. The second floor unit offers spacious living areas. Conveniently located near colleges, hospitals, restaurants, shopping, public transportation, and major highways. A great opportunity to add a well located two unit property to your portfolio!

512 Yates Street, Albany
25 Benjamin Street, Albany
$204,900
4 Beds ⋅ 2 Baths ⋅ 202626587 MLS
Very nice, well kept, 2 family for investors who want to start their portfolio or add to an existing one. Let the $2300 a month in rents be a helpful benefit to your investment needs. It can be owner-occupied as well. Each unit features an eat-in kitchen, living room, 2 bedrooms, and a full bath. Large driveway to hold numerous cars. 24-hour notice is required.

25 Benjamin Street, Albany
538 New Scotland Avenue, Albany
$279,900
5 Beds ⋅ 3 Baths ⋅ 202626548 MLS
Great Opportunity to convert this mixed-use building into a side-by-side 2 family located on the prime corner of New Scotland and S. Main. Currently set up with offices on the left side and a 2 bedroom/1 bath apartment on the right. With a full basement and separate utilities, it would be an easy conversion making this into cash cow. Walking distance to hospitals, schools, restaurants, and shopping. Take advantage of this hard-to-find great deal!

538 New Scotland Avenue, Albany
103 Ten Broeck Street, Albany
$474,900
4 Beds ⋅ 4 Baths ⋅ 202626539 MLS
Well cared for 1871 brownstone in the Ten Broeck Triangle with four updated one bedroom, one bath apartments, all occupied and cash flowing. The brown stone exterior and tall ceilings in every unit keep the period character, while each apartment has new flooring, fresh paint, new kitchen cabinets and countertops with matching appliances (stainless steel in some units, white in others), and an updated bathroom. Layouts are roomy. The largest bedroom is 12 by 19 feet, one apartment has a walk-in closet, and the second floor living room is nearly 19 feet long. Two of the four units have in-unit laundry, and the first floor unit has central air. Heat is forced hot air, with baseboard heat added in some units. Each apartment has its own gas and electric meters, paid by the tenant. The lower level has a laundry room with potential for coin operated machines, plus additional utility space. Out back, there is room for a small patio where some ivy and a few plants could make a quiet retreat for tenants. The location puts you close to shops and nightlife on South Pearl and State Streets. An owner occupant can live in one unit and rent the other three. Investors will find a building that currently cash flows and supports DSCR financing. Residential Occupancy Permits are available for each unit, and a recent full inspection report is ready for buyers to review.

103 Ten Broeck Street, Albany

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