Multi Family homes for sale & real estate in 12239, NY

Multi Family Home for sale in 12239, NY:

Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income. The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities. With its established rental history, well-maintained condition,

Multi Family Home for sale in 12239, NY:

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators,

Multi Family Home for sale in 12239, NY:

Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air con

Multi Family Home for sale in 12239, NY:

Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property offers consistent tenant demand and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this quadplex provides a solid foundation with multiple income streams and efficient operations. Don't miss the chance to own a turnkey