Recently Sold Homes in 12232, NY

Recently Sold Home in 12232, 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

Recently Sold Home in 12232, NY:

Multiple offers presented. Highest and best by 5/26 @ 6PM. Don't miss this well maintained 2 unit opportunity in a super convenient Albany location. You'll find Beautiful hardwood floors and tile bathroom floors. Both kitchens are updated. Laundry in the basement. Large Bedrooms. Short walk to everything in downtown Albany including Washington Park, The Capitol, ESP, nightlife and grocery/package stores. Pictures from before tenant moved in.

Recently Sold Home in 12232, NY:

Owner might offer some seller financing with a good offer & significant deposit. Solid stone structure/ very well maintained. 8.86% CAP RATE. TOTALLY OCCUPIED 7 UNIT. Rents are $1,300, $1,200, $1,050, $1,050, $1,127 (will be $1300 in July 2026), $1,017 & basement is $900. Located in Center square, which IS the heartbeat of Albany, just a short stroll to the home of the LarkFEST on Lark St. , the Capitol of NYS, the Empire State Plaza, legislative offices, colleges, shopping centers/grocery stores, restaurants, coffee shops, antique shops, the popular Washington park (with pond & walking trails), fitness arenas and much more. Easy to travel locally or travel out of the

Recently Sold Home in 12232, NY:

Come see your fully remodeled 4-bedroom, 1-bath home on a quiet street in downtown Albany, just minutes from the Palace Theatre, The Capital Buildings, with easy access to I-787 and I-90. The first floor features 2 bedrooms, a convenient laundry room, and comfortable living space. Upstairs offers 2 additional bedrooms plus a large bonus area--perfect for a family room, home office, playroom, or teen hangout. Enjoy two enclosed porches, a fenced backyard, and a large dry walkout basement with great potential to be finished for even more living space. Major updates include a new roof, windows, furnace, electric, and siding--making this home truly move-in ready! Outback fenced yard to be compl