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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

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

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

97 Delaware Avenue, Albany
$319,900
5 Beds ⋅ 3 Baths ⋅ 202626477 MLS
Multiple Offers received. Please submit highest and best by 10:30AM on Tuesday Oct, 13th . Welcome to 97 Delaware Ave. This spacious home with over 2600 sq ft and within walking distance to all that Albany has to offer is presently being used as a single family home but is still a legal three family. Whether you are looking for space for the whole family, looking for a little rental income to help offset the mortgage or looking for your next cash flowing rental property, this one has you covered. With 2 spacious 2- bedroom units and one cozy third floor one bedroom unit, you definitely have options. The owners have used it as a single family since they purchased it in 2015 but it can easily be converted back with moving just a few appliances. The first-floor kitchen was renovated for cooking. With soapstone counters, industrial grade direct vent hood, solid wood extra tall kitchen cabinets, compact dishwasher and farmhouse sink along with walk in pantry, they made excellent use of the kitchen's period dimensions while adding modern functionality. The second-floor kitchen was turned into the laundry room but is easily converted back to a kitchen if you are seeking a rental. Throughout the home, you'll find the character and charm of an older Albany property, including high ceilings, spacious rooms, and architectural details that are increasingly hard to find. Outside, enjoy a newer composite deck overlooking a manageable, peaceful backyard--perfect for relaxing or entertaining. The location is hard to beat, with convenient access to downtown Albany, hospitals, colleges, cultural attractions, shopping, and dining. Enjoy a front row seat to the Plaza fireworks from your enclosed front porch or third floor living room! Whether you're looking for a spacious home with room for everyone, a property where rental income can help offset your mortgage, or your next income-producing investment, 97 Delaware Ave offers the flexibility and location to make it happen.

97 Delaware Avenue, Albany

556 Washington Avenue, Albany
$349,900
8 Beds ⋅ 2 Baths ⋅ 202626450 MLS
INVESTOR ALERT! FULLY RENTED 2-FAMILY - INCOME FROM DAY ONE! An excellent opportunity to add a fully occupied, income-producing property to your investment portfolio! This spacious Albany duplex offers two 4-bedroom, 1-bath units, providing a total of 8 bedrooms and strong rental potential. The first-floor unit features updated flooring and fresh paint. Additional improvements include new siding on one side, concrete paving around the property, an upgraded sump pump system with an additional backyard pump, and a basement laundry area. Conveniently located on Washington Avenue near universities, shopping, restaurants, and major transportation routes. Both units are rented, offering immediate rental income without the initial vacancy period. Whether you're expanding your portfolio or purchasing your first investment property, this is an opportunity worth exploring.

556 Washington Avenue, Albany

4 View Avenue, Albany
$400,000
5 Beds ⋅ 3 Baths ⋅ 202626375 MLS
With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

4 View Avenue, Albany

106 Clermont Street, Albany
$349,000
5 Beds ⋅ 3 Baths ⋅ 202626341 MLS
Spacious two-family duplex in the convenient Melrose neighborhood, offering flexibility for an owner-occupant or investor. Live in one unit while generating rental income from the other, or continue renting both units as an income-producing multifamily property. The spacious first-floor unit features 3 bedrooms, 2 full baths, an open floor plan, large kitchen and dining room, and hardwood floors. The private third bedroom offers its own full bathroom, kitchenette, and both interior and exterior entrances, providing flexible space for a bedroom, home office, guest room, or bonus room. The well-maintained second-floor unit features 2 bedrooms, 1 full bath, and a small office/flex space. Both units are currently leased through November 30. This provides a new owner with flexibility to occupy the first floor, continue renting both units, and purchase as an investment. Recent improvements include a roof approximately 10 years old, boilers approximately 5 years old, and hot water heaters approximately 5 years old. Enjoy outdoor space with a Trex deck off the rear of the home. Renewed ROPs were issued in August. A versatile two-family property offering rental income, separate living spaces, and flexibility for an owner-occupied multifamily or investment property.

106 Clermont Street, Albany

494 Delaware Avenue, Albany
$375,000
5 Beds ⋅ 4 Baths ⋅ 202626307 MLS
Great income opportunity on Delaware Avenue! This well-located four-family property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. All units share newer laundry facilities in the basement. Additional income potential comes from the 3-car detached garage with driveway. While a welcoming front sitting porch, back porch and cozy backyard provide desirable outdoor space. Conveniently located near the theater, library, shopping, dining, neighborhood amenities and on a bus-line. A great opportunity for investors looking to add a solid multi-family property to their portfolio or owner-occupied. Well maintained and being sold ''as is.'' Part of a possible 5-property portfolio - please contact agents for more info.

494 Delaware Avenue, Albany

476 Delaware Avenue, Albany
$235,000
3 Beds ⋅ 2 Baths ⋅ 202626306 MLS
Located in Albany's Delaware Avenue neighborhood, this well-maintained two-family home with one-car detached garage, offers a flexible layout and excellent location. The first-floor one-bedroom, one-bath unit features hardwood floors, built-ins, living room, dining room, and a kitchen with tile flooring, with flexible living space. The second-floor two-bedroom, one-bath unit offers hardwood floors, a comfortable living room, and an open kitchen and dining area. Additional features include a welcoming front sitting porch, partially finished basement, walk-up attic, and fenced yard. Conveniently located on a bus-line, restaurants, parks, and more. Seller is offering the property in its current condition; the home is in good overall condition and has been well cared for. *Also offered as part of a 5 property portfolio. Contact agents for more info.*

476 Delaware Avenue, Albany

4 Sparkill Avenue, Albany
$299,000
5 Beds ⋅ 2 Baths ⋅ 202626300 MLS
Great two-family opportunity on Delaware Avenue! This well maintained property with a relaxing front porch and fenced yard, features a 2-bedroom (one with walk-in closet), 1-bath first-floor unit and a spacious 3-bedroom, 1-bath second-floor unit, both with recently refinished hardwood floors, living and dining rooms, and updated kitchens with newer cabinets, appliances and convenient pantry. Other improvements include newer electrical, hot water heaters and a newer boiler serving one of the units. Enjoy a front sitting porch, backyard, oversized driveway, 2-car detached garage and an additional vacant lot included with the sale - creating a larger outdoor space and added possibilities. Excellent income potential as current rents offer an opportunity for future income growth. Convenient location close to the theater, library, shopping, dining, neighborhood amenities, and on a bus-line. Well-maintained and offered as is. Also offered as a 5-property portfolio - please inquire with agents for further info.

4 Sparkill Avenue, Albany

502 Hudson Avenue, Albany
$269,900
6 Beds ⋅ 2 Baths ⋅ 202626215 MLS
Fully renovated two family property in Albany's desirable Pine Hills neighborhood. This property has been extensively updated inside and out, featuring new siding, new windows, updated finishes, and modern improvements throughout. Each unit offers 3 bedrooms and 1 full bath, along with its own mini split heating and cooling system and washer and dryer for added convenience. The units are currently generating $1,550 and $1,600 per month in rent. Conveniently located near restaurants, shops, schools, public transportation, and everything Pine Hills and downtown Albany have to offer. A turnkey opportunity with major updates already completed, making it an attractive option for both investors and owner occupants.

502 Hudson Avenue, Albany

341 New Scotland Avenue, Albany
$379,900
5 Beds ⋅ 4 Baths ⋅ 202626161 MLS
LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants, shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after. The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water. Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal. ***Multiple offers- Best and final due on Friday, September 25, 10 AM***

341 New Scotland Avenue, Albany

664 Myrtle Avenue, Albany
$329,900
6 Beds ⋅ 2 Baths ⋅ 202626126 MLS
Welcome to 664 Myrtle Ave in Albany! Fully Leased! This two-family property offers an excellent opportunity for an owner-occupant or investor 3 Bedroom, 1 bathroom each unit. The home has been well maintained with several important updates already completed, including new water heaters, a first-floor furnace approximately 9 years old, and a roof, siding, and windows approximately 12 years old. With two separate units, this property provides flexibility for rental income, or occupying one unit while renting the other. Conveniently located near local shopping, dining, schools, transportation, and downtown Albany, this is a solid investment opportunity with many of the major exterior and mechanical improvements already addressed. Don't miss your opportunity to add this Albany two-family to your portfolio or make it your next home!

664 Myrtle Avenue, Albany

29 Bertha Street, Albany
$269,000
6 Beds ⋅ 2 Baths ⋅ 202625737 MLS
Solid Brick 2-Family in Albany's Delaware Neighborhood! Don't miss this excellent opportunity to add a well-maintained two-family property to your rental portfolio. Situated on a quiet residential street, this solid brick home features a brand-new roof and spacious apartments with hardwood flooring throughout. The first-floor unit is currently vacant, offering flexibility for an owner-occupant or an investor looking to establish their own rental income. Both units feature separate utilities, with laundry available in the basement. Street parking is available. Agent is part owner. For first showing, only vacant unit is being shown, offers can be written on walk through of both units. The layouts are exactly the same and there is a 3D tour available.

29 Bertha Street, Albany

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