Multi Family homes for sale & real estate in 12206, NY

Multi Family Home for sale in 12206, NY:

Rare opportunity to own a unique two-family property ideally located between St. Peter's Hospital and Albany Medical Center. Features very large, spacious units; the second-floor unit includes an office, family room, and bedroom—ideal for owner occupancy. Vacant and move-in ready. Finished attic offers additional living/entertainment space with bar and pool table. All appliances included as-is. Three-car garage (driveway needed for access). Former in-ground pool has been filled in. Estate sale, sold as-is.

Multi Family Home for sale in 12206, NY:

Classic Albany Brownstone with Garden/basement apartment, located close to the Palace Theater and the downtown Albany entertainment district and all that it has to offer. Easy access to shopping dining and entertainment venues as well as Government Offices and major highways. Excellent opportunity for investor or owner occupant. Owners unit occupies the top three floors consisting of a sitting room, foyer, and living room, all with hardwood, on the first floor. The second floor has one one bedroom, kitchen with dining area, all with hardwood, a full tile bath with walk-in shower, laundry closet with washer and dryer ( stackable ). The third floor has two bedrooms with laminate flooring and

Multi Family Home for sale in 12206, NY:

Three-family property offering strong upside potential for investors or rehab specialists. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided—drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. Cash or rehab financing only. NO INTERIOR ACCESS.

Multi Family Home for sale in 12206, NY:

Turnkey Two-Family Investment Opportunity in the Heart of Albany. Welcome to 27 N Lake Ave, a well-maintained and updated two-family property offering two spacious 3-bedroom, 1-bath units, each featuring in-unit washer and dryer, stone countertops, and modern finishes throughout. The property has a proven rental history, previously generating $3,275 per month in total rental income, with separate utilities for each unit—ideal for maximizing cash flow and minimizing owner expenses. Both units are currently vacant, providing flexibility for an owner-occupant or an investor to set market rents immediately. Additional features include an updated interior, a fully fenced backyard, and stro

Multi Family Home for sale in 12206, NY:

A beautifully maintained 2-family in Albany's high-demand rental corridor. This up/down duplex features 2 3-bedroom apartments, private in-unit laundry, separate utilities, and 4 on-site parking spaces — a rare combination that makes this property stand out for homeowners, investors and tenants. With all major updates completed and a recently updated ROP, this is a true turnkey, rent-ready opportunity. Each unit offers 3 bedrooms, 1 full bath, a bright living room, and an eat-in kitchen. Ideal for students, professionals, or small families. Separate Utilities. In-unit laundry for both apartments. Updated kitchen cabinets New flooring throughout most rooms Fresh paint Most windows r

Multi Family Home for sale in 12206, NY:

This rare two-family home offers exceptional versatility for investors, owner-occupants, or multigenerational living. One unit features three bedrooms while the other offers two, each with its own private entrance, full basement, and separate washer and dryer hookups. Both units benefit from a strong rental history, making this an ideal income-producing opportunity from day one. The property includes off-street parking with separate driveways for each unit, providing added privacy and convenience. Outside, you'll find a spacious, hard-to-find backyard complete with an outdoor patio, perfect for entertaining, relaxing, or enjoying warm-weather gatherings. Located close to shopping, dining, s