Albany, NY 12208 · Albany County

This nine-unit multi-family property in Albany sits near the former College of Saint Rose campus and offers five one-bedroom and two two-bedroom apartments configured for rental income. The 1900-built structure spans 5,298 square feet on a compact urban lot, with hardwood floors on the main levels, a detached four-car garage, and off-street parking. The building is in sound condition and presents potential for selective updates. Albany's downtown location provides proximity to museums, restaurants, Adirondack access, and regional employment centers.
Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.
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Albany is in Albany County, NY. There are currently 209 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 73% above the Albany median of $299,900.
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Wagner Real Estate Group · Listed by Philip W Wagner (4407)
Contact: 518-378-5741
MLS #202613988 · 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.