Cheap homes for sale & real estate in 12255, NY

Cheap Home for sale in 12255, NY:

Turnkey investment with upside! This 1,880 sqft duplex features two generous three-bedroom units, each with a formal living room, dining room, and laundry hookups. Fully occupied and separately metered to minimize expenses, it offers cash flow potential from day one. Recent updates include newer appliances, sewer line and front deck replacement (2025). The first floor tenant is month-to-month, offering flexibility and room for rent growth. A great fit for investors seeking cash flow with value-add potential.

Cheap Home for sale in 12255, NY:

Fantastic investment opportunity in the heart of Albany! This vacant triplex offers three spacious 3-bedroom units — one with 2 full baths and two with 1 full bath each. The property has seen valuable updates including a roof less than 10 years old, newer flooring, and some newer windows. Each unit is bright, well-maintained, and ready for immediate occupancy — perfect for investors or owner-occupants alike. The massive parking lot accommodates up to 16 vehicles, a rare find in the city! Excellent cap rate potential and conveniently located near Albany Medical Center, St. Peter's Hospital, bus lines, schools, and quick access to I-787, I-90, and major highways. Close to shopping

Cheap Home for sale in 12255, NY:

Welcome home to this beautifully renovated residence offering modern comforts, thoughtful layout, and inviting outdoor spaces. Featuring 3 spacious bedrooms and 2 full baths, this home is designed to meet the needs of today's lifestyles. The main floor includes a convenient first-floor bedroom and full bath, ideal for multi-generational living or guests seeking privacy and accessibility. A bright and welcoming covered front porch sets the tone as you enter into the open, updated interior showcasing polished hard wood floor, fresh paint throughout, and stainless steel appliances in the stylish kitchen. Upstairs, you'll find two additional bedrooms and a second full bath, with new luxury viny

Cheap Home for sale in 12255, NY:

Sellers are motivated- come take a look- make an offer! Well-maintained two-family home located directly across from the University at Albany's Downtown Campus, with easy access to public transportation right on the bus line. Each floor features a spacious 2-bedroom, 1-bath layout with separate utilities and month-to-month leases in place. The upstairs unit currently rents for $1,296 per month (see agent remarks), while the downstairs unit rents for $1,000 per month and includes responsibilities for garbage, lawn care, and snow removal. The upstairs apartment is heated by electric baseboards and features a brand-new oven installed in 2025. The downstairs unit has a brand-new gas forced hot