39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. 4th floor apartment can be rented immediately for $950/month or left vacant until closing. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt Street. Although some apartments are listed as 1 bedroom, the tenants have elected to use them as 2 bedrooms. Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I-87.
4th floor apartment • Close to mvp arena • 2,613 sq ft lot
Listing by Coldwell Banker Prime Properties
ABOUT THIS HOME
Mansion Area, NY Homes for Sale
Unlock the potential of this multi-family gem in the heart of historic Albany! Featuring off-street parking and a spacious two-car detached garage, this property offers flexibility with the potential to convert into a three-unit residence. Perfectly situated within walking distance to vibrant downtown Albany and conveniently close to bus lines and major highways, this is an investor's dream or an ideal owner-occupied home with rental income potential. Don't miss your chance to own a piece of Albany's rich history!
Three-unit residence • Close to bus lines • Off-street parking
Listing by Signature Premier Realty, Inc
Loading...
ABOUT THIS HOME
Mansion Area, NY Homes for Sale
* * * Back on market due to buyer personal circumstance, through inspections etc! Don't miss this beautifully maintained and charming brick two-family currently configured as a single-family home—but still fully zoned as a legal two-family with the City of Albany, offering easy conversion back. The first-floor and second floor unit features 1BD/1BA, each with its own front and rear balconies. Thoughtfully renovated over the past five years, the property blends historic charm with modern updates. Enjoy a landscaped front garden and a walkable location just steps from Lincoln Park, Lower Madison Ave, and the Capitol buildings. Ideal for owner-occupants seeking to offset their mortgage
Brick two-family • Modern updates • Historic charm
Listing by New Scotland Realty
ABOUT THIS HOME
Mansion Area, NY Homes for Sale
Huge Brick 3 unit property located in Albany's Mansion Historic District. Hardwood floors throughout 2nd and 3rd floor. Spacious layouts offering a 3 bedroom unit, a 4 bedroom unit and potential to finish the garden level unit - currently framed and is ready to be completed- electrical and plumbing roughed in. Updated doors and windows. Separately metered. Large yard. Lots to offer on a quiet street.
Historical 2-bedroom, 1.5-bath with 2 bonus rooms and a office in Albany's historic district. This spacious property features original moldings, high ceilings, classic wood floors, and newly installed ceramic tile. Just needs cosmetic updates to shine! Nestled on a friendly block near parks, schools. downtown, and public transit. Eligible for historic preservation grants and NYS tax credits available for homeowners or investors looking for value and potential. The neighborhood is growing, with new developments and community investment. Don't miss this chance to own a piece of Albany's history with incredible upside.