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Albany, NY 12202 · Albany County
An exceptional opportunity to own a beautifully maintained income-producing brownstone in Albany's highly desirable historic Mansion Neighborhood. This impressive duplex features a spacious main residence offering 3 bedrooms and 2 full bathrooms, along with a charming garden apartment with 1 bedroom and 1 bathroom. Numerous tasteful updates and renovations have enhanced the property's charm while adding clean, modern finishes throughout. Fully furnished and meticulously maintained, this turnkey investment offers both ease of management and strong cash flow. Currently operated as mid-term rentals catering to professionals, this property generates an impressive annual rental income of approximately $55,000. Situated on a double lot with a unique two-car parking lot, this property truly stands out -- a rare and highly valuable feature in this historic neighborhood. Whether you are an investor looking for strong returns or an owner-occupant seeking supplemental income, this one-of-a-kind property offers the perfect blend of historic charm, modern updates, and exceptional investment potential in one of Albany's most sought-after locations. ***Main floor currently left vacant for showings/owner occupant buyer, furniture will be left for the new owner at additional cost.***
24 facts about this property
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Albany is in Albany County, NY. There are currently 186 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 17% above the Albany median of $317,500.
See Sharon's Albany community guideSharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Real Broker NY LLC · Listed by Stela Koeva (33186)
Contact: 518-694-1027
MLS #202618381 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.