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Albany, NY 12202 · Albany County
Value-add multifamily opportunity in a neighborhood undergoing active revitalization. This two-unit property features (2) large 3-bedroom, 1-bath units with strong rental demand and income potential. Ideal for investors seeking both immediate cash flow and long-term appreciation. The partially finished basement offers a compelling upside play, with the potential to be converted into a third unit (subject to city approval). Existing front and rear egress access may help streamline the path to additional income generation. Strategically located near public transit lines and with immediate access to I-787, the property offers excellent connectivity to employment centers and downtown, supporting tenant retention and rental stability. CASH BUYERS ONLY, ASSIGNMENT OF CONTRACT.
Albany is in Albany County, NY. There are currently 183 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 48% below the Albany median of $325,000.
See Sharon's Albany community guide24 facts about this property
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Signature Premier Realty, Inc · Listed by Steven M Green (30644)
Contact: 518-361-5268
MLS #202613434 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Every change captured by Global MLS since this listing went live.