12223, NY homes for sale & real estate

12223, NY Homes for Sale

Investment Opportunity in the Heart of Albany! Located in the historic Washington Park / Center Square neighborhood, this multifamily property offers an opportunity to own a classic Albany property just steps from the city's cultural, governmental, and recreational hubs. This fully vacant three-unit property is ready for renovation, with potential for a fourth unit, making it an ideal choice for investors, owner-occupants, or developers looking to capitalize on Albany's strong rental market and historic charm.

12223, NY Homes for Sale

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.

12223, NY Homes for Sale

Don't miss the opportunity to own this beautiful brick 2 family home in center square Albany. This townhouse rental features a 1st and 2nd floor apartment coupled with a updated garden apartment. Fully rented and ready for the next owner to add this to their portfolio. Can be sold as a package with other center square properties.

12223, NY Homes for Sale

Multi Use Building with first floor commercial space and three full floor apartments above. A Studio, a One Bedroom and a Two Bedroom apartment. The building was renovated in 2006, with modern updates, including high efficiency forced air heat and air condition in each residential unit. Rents are under market rates. The Laundry has been closed for 3+ years. Tenants pay heat, hot water, air conditioning and electric.