12245, NY homes for sale & real estate

12245, NY Homes for Sale

Passive income generator! If you're looking for an investment or residential property look no farther. 98 Woodlawn is a fully occupied two family with long-term tenants. Both units have separate utilities. Located in the Pine Hill neighborhood, minutes away from the University of Albany.

12245, NY Homes for Sale

NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door

12245, NY Homes for Sale

Unlock the potential of this brownstone triplex! Ideal for investors or those seeking to owner-occupy while generating rental income for two additional units. Walk to dining, shopping, and convenient bus routes. Fenced backyard. Strong rental POTENTIAL in a sought-after location of Albany.

12245, NY Homes for Sale

Rare multifamily opportunity in Albany. 800 Madison and 441 Yates Street, two parcels located back to back and offers off street parking. Combined 13 apartments. 800 Madison was renovated in 2017. With new kitchens and refreshed bathrooms. This building the landlord pays for heat/hot water and tenants pay a premium for such. 441 Yates street was gut rehabbed in 2020. Offering all new mechanicals, kitchens, baths, etc. Always rented and close to main attractions/employment in Albany. Both Buildings equipped with fob entry systems and intercoms. Both Buildings camera'ed. Great rental history here.