Albany, NY 12206 · Albany County

This 1927 bungalow on a two-parcel offering brings together a renovated three-bedroom home and eight detached garages across the adjoining lot. The house features hardwood floors, an updated kitchen with granite counters and stainless steel appliances, an island, first-floor bedroom, and bonus spaces upstairs. Three garages are leased to tenants, delivering immediate rental income alongside owner occupancy. Located off Central Avenue in Albany's school district, the property sits near shopping, dining, hospitals, and highway access.
A rare opportunity to own two parcels offering the perfect combination of a beautifully updated home and exceptional income potential. This sale includes 51 & 53 Benson Street, featuring a move-in ready 3-bedroom, 1.5-bath bungalow, 8 detached garages, and immediate rental income. Four garages are located on the homesite, with an additional four on the adjoining parcel. Three garages are currently leased, providing income from day one. The home blends classic charm with modern updates, featuring hardwood floors, a bright living room, an updated kitchen with granite countertops, stainless steel appliances, a center island, spacious dining area, first-floor bedroom, full bath, laundry area and office space, plus an enclosed front porch. Upstairs offers two additional bedrooms, an updated half bath, and a versatile bonus space. Whether you're looking for an owner-occupied home with supplemental income or a unique investment opportunity, the garages offer endless possibilities for rental income, storage, workshop space, or hobby use. Conveniently located just off Central Avenue with easy access to shopping, restaurants, hospitals, and major highways, this one-of-a-kind property is a must-see. **See list of details in documents. Some photos have been virtually staged. Make sure to check out the virtual tour and YouTube video.**
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Albany is in Albany County, NY. There are currently 219 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced near the area median of $299,000.
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Empire Real Estate Firm LLC · Listed by Marisa Moffatt (38586)
Contact: 518-598-9824
MLS #202622005 · Source: Global MLS, Inc.
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21 facts pulled straight from the MLS listing.
Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.