Albany, NY 12206 · Albany County

This 1900 triplex on Second Street in Albany comprises three income-producing units: a one-bedroom, one-bath basement apartment currently vacant; a two-bedroom, one-bath first-floor unit with month-to-month tenants; and a two-bedroom, one-bath second-floor unit ready for occupancy. The third-floor space offers additional storage and closet areas. Mechanical systems include electric heat and gas ranges across units, with gas water heaters on the upper floors and an electric unit in the basement. The rubber roof is seven to eight years old. An adjacent 0.06-acre parcel provides off-street parking and potential for a multi-car garage. The property spans 3,048 square feet and sits in Albany's vibrant capital city, with access to cultural institutions, dining, and regional attractions.
Investors or owner occupaied, here is an opportunity to buy an established property with additional parking, or the potential for a multi stall garage for parking or storage. 476 Second Street is a 5 bedroom, 3 bath triplex. The basement apartment is a 1 BR, 1 bath unit, currently vacant. All units are electric heat and gas ranges. The basement unit has an electric water heater, Second and third story units have gas water heater, and third floor unit also has a no vent fireplace. The first floor apartment is 2 BR/1 bath. Long term, month to month tenants occupy this unit. The second floor 2 BR/1 bath unit is vacant move in ready. Each unit has plenty of additional rooms for storage/walk in closet/nursery use. Rubber roof is 7-8 years old. The next door parcel (478 Second Street) has an additional .06 of acreage for parking future renovation of the four car garage for storage. Lots of potential at a very competitive price.
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Albany is in Albany County, NY. There are currently 257 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 19% below the Albany median of $325,000.
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Suzanne Prezio Properties Inc · Listed by Suzanne I Prezio (22029)
Contact: 518-577-6571
MLS #202624222 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
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