12241, NY homes for sale & real estate

12241, NY Homes for Sale

Welcome to this charming 4-bedroom, 1.5-bath home in Albany’s desirable South End neighborhood. Built with timeless character, this spacious residence offers approximately 1,600 sq ft of living space with a functional layout, inviting rooms, and classic appeal. Recent updates include a newer roof for added peace of mind. The home features efficient gas heating with a gas burner and the convenience of a gas dryer. Enjoy a great combination of historic charm, modern updates, and easy access to nearby amenities, schools, parks, and downtown Albany.

12241, NY Homes for Sale

Perfect for owner-occupants and investors alike, this beautifully renovated duplex offers strong income potential of up to $2,867 per month. Situated on a quiet street in Albany's South End, the property features updated interiors and a brand-new roof, providing peace of mind and excellent value. A great opportunity to live in one unit while generating rental income, or add a turnkey property to your investment portfolio. The upstairs unit is currently rented for $1,417/month, while the downstairs unit has been intentionally left vacant, offering the perfect opportunity for an owner-occupant to move right in or an investor to secure a new tenant at market rate.

12241, NY Homes for Sale

INVESTOR ALERT: 3 PARCELS, 1 PRICE! Striking two-family corner home with stucco exterior & Spanish tile roof — 6 beds, 2 baths, 2,808 sq ft. Each unit offers 3 beds, 1 bath, a spacious living room & generous kitchen. The game-changer: THREE separate tax parcels (319, 317 & 315 McCarty Ave) with development potential on the adjacent lots. Fenced parking garage. Minutes to highways, shopping, hospitals & schools. Live in one, rent the other — or build your empire. Don't let this one pass you by!

12241, NY Homes for Sale

Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany