Albany NY Multi-Family Real Estate, Homes for Sale - Greaux Team at CM Fox Real Estate

3 Beds ⋅ 4 Baths ⋅ 202623045 MLS

2 FAMILY POTENTIAL. NEW boiler. Recently repaired, replaced, maintained chimney liner, hot water tank, roof and front porch. A rare opportunity awaits -- after 50 years of cherished family ownership, this stunning Victorian home is ready to welcome a new owner. Thoughtfully updated while preserving its timeless character, this home features a gourmet kitchen with premium Bosch appliances, four ductless air conditioning units, and three full bathrooms -- one conveniently located on each floor. The second floor includes a dedicated laundry room for added convenience. Enjoy spacious living areas including an elegant living room, a charming library with a cozy window seat, and an oversized formal dining room perfect for gatherings. There is room for everyone, with additional living space available on the third floor. Taxes shown with no exemptions. Unwind on the private back deck or relax on the inviting front porch. Ideally located near hospitals, shopping, restaurants, entertainment, and just steps from three bus lines, this exceptional Victorian blends historic charm with modern comfort in a truly convenient location. Home is currently assessed at $405,000. Listing agent will assist the buyer to file a tax grievance, May 2027. Front porch and Ductless A/C to be sold as is, operating but older units. Electric thermostat, baseboard heat on the 3rd floor, sold as is.

52 S Allen Street

$229,900

4 Beds ⋅ 2 Baths ⋅ 202623034 MLS

Move-In Ready Two-Family in Albany - Ideal for Owner-Occupants or Investors! Don't miss this excellent opportunity to own a well-maintained two-family home on a quiet street. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income, or for an investor seeking immediate occupancy. The first-floor unit includes the convenience of an in-unit washer and dryer. Both apartments feature spacious kitchens with separate dining areas, providing comfortable and functional living spaces. The second unit has strong income potential with an estimated rental value of $1,275 per month. This property has been updated with a handful of upgrades throughout, including a newer roof and windows. Conveniently located near restaurants, shopping, and major highways, this property offers easy access to everyday amenities and commuting routes. Whether you're expanding your investment portfolio or searching for a home with built-in income potential, this versatile duplex is a must-see!

851 Livingston Avenue

$269,900

6 Beds ⋅ 2 Baths ⋅ 202622997 MLS

Welcome to this spacious two-family home on desirable Van Schaick Island, offering generous living space and endless potential for homeowners or investors alike. Each oversized flat features two spacious bedrooms, plus two additional back-to-back bonus rooms that can be used as bedrooms, home offices, or flex spaces to fit your needs. Both units offer huge eat-in kitchens with plenty of room for gathering, while the covered interior hallways extend from end to end, adding character and convenience. Outside, you'll find off-street parking and a detached work shed that was previously a one-car garage, offering excellent storage or workshop potential. Situated on a quiet street directly across from a playground, this property is in a desirable neighborhood with a peaceful setting. With a little TLC, this home can truly shine and become a fantastic owner-occupied residence or income-producing investment. Don't miss the opportunity to unlock the potential of this Van Schaick Island gem!

108 Heartt Avenue

$368,000

3 Beds ⋅ 3 Baths ⋅ 202622886 MLS

In the heart of Albany's vibrant Center Square neighborhood, this well maintained historic duplex offers timeless character, flexible living space, and an exceptional location. High ceilings, hardwood floors, original architectural details, and decorative fireplaces create warmth and personality throughout. The first unit spans two levels and features an open, spacious layout, 1.5 baths, in unit laundry, and an updated kitchen with stainless steel appliances. Both units enjoy access to a private, fenced backyard a peaceful retreat in the middle of the city. Just moments from Washington Park, Empire State Plaza, restaurants, cafés, entertainment, and the many conveniences of Lark Street. Whether you are looking to owner occupy while generating rental income, expand your investment portfolio, or enjoy the flexibility of a two family property, 282 Lark Street is a rare opportunity to own a piece of Albany's history.

282 Lark Street

$325,000

7 Beds ⋅ 4 Baths ⋅ 202622844 MLS

Excellent opportunity to own a well-maintained 3-unit investment property in the heart of Cohoes! Whether you're looking to owner occupy and offset your mortgage with rental income or add a solid property to your investment portfolio, this versatile multi-family checks all the boxes. One spacious unit features 1.5 bathrooms, offering added convenience and appeal. The property boasts separate utilities for each unit, making management simple and efficient. With long-term tenants already in place, you'll enjoy immediate, reliable rental income. Outside, a large backyard provides plenty of space for recreation, gardening, or tenant enjoyment. Situated on a quiet residential street with ample parking, this property offers a peaceful setting while remaining close to shopping, dining, schools, and major commuter routes. A fantastic opportunity for both investors and owner-occupants alike!

18 Church Street

$264,900

6 Beds ⋅ 2 Baths ⋅ 202622805 MLS

**MULTIPLE OFFERS RECEIVED**** all offers due by Saturday 8/1/26 at 5pm. Well-maintained and spacious Watervliet 2-family home offering an excellent opportunity for both owner-occupants and investors! Each unit features 3 bedrooms, 1 full bath, a bright living room, formal dining room, office, large kitchen, and convenient laundry hookups. The generous floor plans provide plenty of living space, while the fenced backyard offers room to relax or entertain. Live in one unit and let the rental income from the other help offset your mortgage, or add a solid income-producing property to your portfolio. A great opportunity to build equity and start or expand your real estate investment journey. Don't miss this one! Conveniently located near shopping, schools, restaurants, City pool, library and parks.

1622 6th Avenue

$325,000

5 Beds ⋅ 4 Baths ⋅ 202622792 MLS

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

90 Madison Avenue

$329,777

6 Beds ⋅ 3 Baths ⋅ 202622735 MLS

When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

52 Park Avenue

$349,000

7 Beds ⋅ 2 Baths ⋅ 202622734 MLS

This beautiful two-family home offers an exceptional opportunity for either an investor or an owner-occupant. The property was owner-occupied for many years and underwent a complete renovation in 2017. It features updated kitchens with granite countertops, renovated bathrooms, new windows, and new boilers, along with convenient coin-operated laundry machines in the basement. Each unit has front and rear sunrooms. Also, a four-car driveway and a two-car garage. Current ROP's With a solid rental history, the property presents a strong opportunity for consistent returns, featuring an estimated market rent Net Operating Income (NOI) of $48,000.

325 Manning Boulevard

$2,300,000

3 Beds ⋅ 11 Baths ⋅ 202622723 MLS

Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes bar, liquor license & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Steps from state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history included.

162-170 Jefferson Street

$300,000

6 Beds ⋅ 2 Baths ⋅ 202622722 MLS

This two-unit duplex presents a strong opportunity for investors or owner-occupants looking to generate rental income. The property contains approximately 2,568 square feet and features two three-bedroom apartments with comfortable living rooms, kitchens, and full baths. Each apartment has separate utilities. Situated on a 0.11-acre lot in a convenient Albany location close to local amenities, this property offers solid income potential and would make a great addition to any real estate portfolio.

698 Central Avenue

$250,000

202622658 MLS

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

372 Madison Avenue

$169,900

6 Beds ⋅ 2 Baths ⋅ 202622604 MLS

Vacant duplex in need of a full rehab, offering an excellent opportunity for investors or owner occupants. Located in a quiet residential neighborhood, this property has strong potential to be transformed into a profitable rental or comfortable owner occupied home.

14 Division Street

$450,000

6 Beds ⋅ 3 Baths ⋅ 202622477 MLS

Charming and recently updated triplex offering 2 bedroom apartments in the heart of Albany! Three identical units featuring brand new stainless steel appliances & (3) Navien on-demand hot water tanks. With a bright and inviting atmosphere, these units features large windows, high ceilings, and hardwood floors. The open living space flows seamlessly into the kitchen, offering plenty of room to relax or entertain. Key Features: two spacious bedrooms, recently updated kitchen, high ceilings and hardwood floors, ample natural light, Wifi included, laundry in basement & private back decks. Convenient location near downtown Albany, restaurants, shops, and public transportation These apartments are perfect for anyone looking for a cozy, well-maintained space in a prime location. Don't miss out on this fantastic opportunity. Easy to maintain - even easier to manage! Perfect for owner occupant or investors!

13 Delaware Street

$999,777

8 Beds ⋅ 3 Baths ⋅ 202622428 MLS

5-acre offering consisting of two parcels being sold in the North Colonie School District. The property features a 3,200 SF, five-bedroom main house and a three-bedroom second house offering an opportunity for updating, plus a 40' x 60' insulated steel-frame outbuilding with 200-amp electrical service. Adjacent to the North Colonie Soccer Complex, the property offers potential for approximately 8 to 12 total residential lots based on the layout and SFR zoning, subject to review and approvals. The seller reports that lands bordering the property to the east and west are protected as forever-wild land, limiting development and helping preserve long-term privacy. An opportunity for an owner-occupant, investor, builder, or developer seeking acreage and convenient access to schools, recreation, shopping, and major transportation routes. Buyer to independently verify subdivision potential, protected-land status, utilities, and all proposed uses.

454-456 Vliet Street

$350,000

10 Beds ⋅ 6 Baths ⋅ 202622414 MLS

MULTIPLE OFFERS- PLEASE SEND BEST & FINAL BY WED 7/29 AT 8 PM. Attention investors! Turnkey cash-flowing quadruplex in Cohoes grossing over $51,000 annually with 100% occupancy across all 4 units! Major peace of mind with $55K+ in improvements completed within the last year, minimizing initial CapEx. Solid traditional brick construction (4,088 sq ft) situated on a double/corner lot (parcels 15 N + 14 N Mohawk St). Layout features two expansive 4-bedroom, 1.5-bath upper units and two 1-bedroom, 1-bath lower units. Separate utilities with 4 gas meters and 4 electric meters (tenants pay heat & electric). Excellent site amenities include plenty of street parking, a public park with a playground directly across the street, and picturesque backyard views of the Cohoes Falls. Unbeatable location steps from historic Harmony Mills with rapid commute access to I-787, Route 9, Route 7, Albany, Troy, Latham and Clifton Park. High-yielding addition to any investment portfolio!

15 N Mohawk Street

$435,000

5 Beds ⋅ 3 Baths ⋅ 202622376 MLS

Opportunity awaits with this well-maintained two-family home in an unbeatable location, just a short walk to the Four Corners, library, shops, restaurants, and everything the town has to offer. Perfect for owner-occupants, investors, or multigenerational living. The first-floor apartment features 3 bedrooms, 2 full bathrooms, and direct access to a full basement, providing excellent storage and additional space. The second-floor apartment offers 2 bedrooms, 1 full bathroom, and access to a walk-up attic with great storage or future expansion potential (subject to approvals). Both units have separate electric and hot water, making ownership and management easy. Whether you're looking to generate rental income or live in one unit while renting the other, this property offers flexibility, convenience, and an exceptional location in one of the area's most desirable neighborhoods.

400 Delaware Avenue

$289,900

8 Beds ⋅ 2 Baths ⋅ 202622366 MLS

Opportunity knocks to own a completely renovated two-family in Albany with both units vacant and ready to go. The property has been remodeled from top to bottom and features 4 total bedrooms, 2 full bathrooms, updated kitchens with solid-surface countertops, beautifully tiled baths, brand-new wide-plank flooring, and fresh finishes throughout. Both units are also equipped with mini-split systems providing efficient heating and cooling for year-round comfort. With no existing tenants or leases in place, the new owner has the flexibility to set rents at current market rates from day one. Also a great option for an owner-occupant looking to move right in and use the second unit to help offset their monthly payment. All the work has already been done--bring your tenants or move in and make it yours!

31 Bertha Street

$224,900

8 Beds ⋅ 2 Baths ⋅ 202622352 MLS

Welcome to 132 4th Ave, a fully updated brick two-family offering an excellent opportunity for both investors and owner-occupants. Each spacious unit features 4 bedrooms, beautifully updated kitchens and bathrooms, modern finishes throughout, and ductless mini splits for efficient heating and cooling. The first-floor unit is currently rented at $1,880 per month, while the vacant second-floor unit offers immediate occupancy or strong additional income potential with an estimated market rent of approximately $1,880 per month. With 8 total bedrooms, a solid brick exterior, and both units already updated, this property is positioned to generate approximately $3,760 per month in total rental income at market rents. Whether you're looking to expand your investment portfolio or live in one unit while collecting income from the other, this turnkey two-family is ready to go.

132 4th Avenue

$250,000

5 Beds ⋅ 3 Baths ⋅ 202622293 MLS

Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!

97 3rd Avenue

$229,900

5 Beds ⋅ 2 Baths ⋅ 202622280 MLS

Looking for a nicely updated two-family that's vacant and ready to owner-occupy or add tenants immediately? Welcome to 25 Lancaster St, Cohoes! This move-in ready property is a great opportunity for first-time investors or anyone looking to house hack. With numerous updates, including a new roof and siding, much of the heavy lifting has already been done. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. Each unit has its own private deck overlooking the backyard, giving both owners and tenants their own outdoor space. Whether you're looking to live in one unit and rent the other or add a turnkey property to your portfolio, this is one you won't want to miss

25 Lancaster Street

$589,000

5 Beds ⋅ 4 Baths ⋅ 202622175 MLS

***OPEN SUN, JULY 26th 11AM-1PM*** Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex decking, roof access & more. Easily accessible to Washington Park, Albany Medical Center/St. Peter's Hospital, SUNY Albany, Lark St, downtown state & legislative entities, coffee shops, galleries, nightlife & so many more desirable downtown attractions. Original details still adorned throughout such as high ceilings, oversized windows, tile, fireplaces, stained glass, built ins, woodwork, etc. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of Center Square.

142 Chestnut Street

$325,000

6 Beds ⋅ 3 Baths ⋅ 202622166 MLS

Prime Watervliet Triplex: 3-Unit Income Property in Mixed-Use Zone 908 19th St, Watervliet, NY 12189 Owner Occupied | 🏢 3 Units | 🛏️ 6 Beds Total | 🚿 3 Baths Discover a rare opportunity to own a fully functional triplex in the heart of Watervliet! This 2,880 sq. ft. multi-family property offers immediate income potential with three distinct units, perfect for an owner-occupant looking to subsidize their mortgage or an investor seeking stable cash flow. Unit Breakdown & Layout • Upstairs Unit: Spacious 3-bedroom, 1-bath residence with ample living space. • Rear Unit: Comfortable 2-bedroom, 1-bath apartment with private access. • Front Unit: Efficient 1-bedroom, 1-bath unit ideal for a single tenant or studio setup. Key Features • Generous Living Space: Totaling 2,880 sq. ft. across three stories, ensuring no compromises on comfort. • Parking Perks: Enjoy convenient off-street parking and a dedicated rear driveway, a valuable asset in this area. • Zoning Advantage: Located in Mixed-Use 2 (M-2) zoning, offering flexibility for future commercial or residential adaptations. • Lot Size: Situated on a 0.11-acre lot, balancing density with privacy. • Utility Efficiency: Property features separate meters for power and gas, allowing tenants to manage their own utility costs.

908 19th Street

$225,000

4 Beds ⋅ 2 Baths ⋅ 202622160 MLS

Attention Investors !! Looking to start or add to your business portfolio this is a must see. Separate utilities. Pre-approval letter or proof of funding. Sold as is.

9 Oak Street

$255,000

4 Beds ⋅ 2 Baths ⋅ 202622152 MLS

Welcome to 41 Paine St. A large, fully rented, updated two family duplex in the heart of Green Island tucked away on a quiet side street yet within short walking distance to downtown Troy and Watervliet. This is a great property for investors or to owner occupy. Both units have large living areas, two bedrooms, laundry areas, and functional layouts.

41 Paine Street

$599,000

8 Beds ⋅ 6 Baths ⋅ 202622021 MLS

Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street

$349,000

7 Beds ⋅ 2 Baths ⋅ 202622074 MLS

Excellent opportunity at 114 Spring Street in Albany. This two-family duplex offers 7 total bedrooms, 2 full bathrooms, and 2,352 sq ft of living space, making it a strong option for investors or owner-occupants looking for added flexibility. Each unit provides a functional layout with recently refreshed interior features, including neutral paint, updated lighting, white trim, multiple windows for natural light, and forced-air natural gas heat. The property also features a full basement, public water, and public sewer. Conveniently located near the Central Avenue and Quail Street corridor, with easy access to nearby shopping, dining, Washington Avenue, downtown Albany, local colleges, and major Capital Region destinations. A solid multi-family opportunity in an established Albany location with strong rental appeal.

114 Spring Street

$389,000

5 Beds ⋅ 3 Baths ⋅ 202622050 MLS

Fantastic opportunity to own a well-maintained three-family property in the heart of Albany! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers excellent income potential and flexibility. The first-floor unit is a spacious 3-bedroom apartment that was consistently rented for $1,900/month over the past three years and has just become vacant, making it ideal for an owner-occupant or a new tenant at market rent. The second-floor unit features a comfortable 1-bedroom, 1-bath apartment with a living room and is currently tenant-occupied. The third-floor unit offers a generously sized 1-bedroom apartment with a large living room, oversized bathroom, and the convenience of in-unit laundry. An additional laundry area is available in the basement for tenant use. Outside, you'll find a long driveway leading to the backyard with ample off-street parking--a rare find in the area. Conveniently located near shopping, restaurants, grocery stores, public transportation, schools, parks, and other major amenities, this is an excellent opportunity to own a versatile income-producing property in a prime Albany location. Don't miss this exceptional investment opportunity!

9 Kent Street

$449,000

4 Beds ⋅ 3 Baths ⋅ 202621883 MLS

A rare opportunity in Albany's coveted Center Square neighborhood, this beautifully preserved 1871 brownstone seamlessly blends historic character with modern versatility. The main residence offers three bedrooms and one and a half baths, while the garden-level apartment features one bedroom and one full bath. Ideal for rental income, guests, or multigenerational living. Setting this property apart from other brownstones in the neighborhood is the detached one-car garage, providing the rare luxury of secure, year-round off-street parking. Throughout the home, you'll find timeless architectural details including marble fireplaces, graceful curved walls, stained glass accents, and gleaming hardwood floors, each contributing to the home's unmistakable character and historic charm.

396 Hamilton Street

$249,000

5 Beds ⋅ 3 Baths ⋅ 202621870 MLS

This is a cash cow over & over AGAIN! $40,800 annual income! always rented, across from the food co-op, on bus line, close to super markets & gas stations. Assumable 3.75% mortgage for the first 100k.

49 Watervliet Avenue

$309,000

5 Beds ⋅ 2 Baths ⋅ 202621819 MLS

Opportunity awaits in this well-maintained two family home located in a desirable neighborhood close to schools, shopping and restaurants. Recent updates include brand-new front porch and a completely refreshed second floor featuring new walls and fresh paint. Whether you're looking to owner-occupy while generating income or add a solid investment property to your portfolio, this home offers exceptional potential. This unique floor plan provides a wonderful opportunity for buyers with a vision to reimagine the space and create a layout that perfectly suits their needs. Bring your creativity and unlock the full potential of this versatile property!

15 Zoar Avenue

$700,000

8 Beds ⋅ 5 Baths ⋅ 202621769 MLS

**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!

552 Madison Avenue

$360,000

3 Beds ⋅ 3 Baths ⋅ 202621699 MLS

Located in Albany's high-demand Midtown/Pine Hills neighborhood, this very well-maintained brick 3-unit building offers an exceptional investment opportunity in an area known for its strong rental demand. Apartments feature hardwood floors, generous room sizes, ample closet space, charming kitchens with original built-in cabinetry, and architectural details found throughout, including arched openings, French doors, and bayed windows. Each apartment also offers an additional room ideal for a variety of uses, along with access to a common courtyard for outdoor enjoyment. With large apartments, desirable amenities, and a high-demand location, this is an outstanding addition to any investment portfolio! One washer and dryer shared by the units. *All apartments are occupied. Boiler 2019. New Roof January 2026.

210 Western Avenue

$299,900

6 Beds ⋅ 2 Baths ⋅ 202621689 MLS

Opportunity meets versatility at 339 Delaware Avenue, Albany, NY 12209! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of comfortable living, making it an excellent choice for first-time homebuyers seeking room to grow or investors looking for strong rental potential. Extra rental income of $2,750 monthly. Sunlight pours through the large windows, filling the home with warmth, while the inviting sunroom provides the perfect space to relax, work from home, or enjoy your morning coffee. Generous living areas and a flexible layout offer endless possibilities to fit your lifestyle. Located within the highly regarded Albany School District, this home combines space, value, and location. Schedule your private showing today and discover everything this property has to offer!

339 Delaware Avenue

$368,000

3 Beds ⋅ 3 Baths ⋅ 202621657 MLS

Located within Albany's historic Mansion District, just steps from the Governor's Mansion and minutes from downtown offices, this well-maintained 3 unit property offers an exceptional investment opportunity in one of the city's most recognizable neighborhoods. Building features include hardwood floors, ceramic tile, stainless steel appliances, newer boiler, new hot water tank, plus each unit has a washer/dryer and a bonus room (office/storage/etc) - amenities tenants appreciate! Just minutes from downtown Albany and close to a neighborhood park, this location adds to the property's strong investment appeal. Well-maintained, well-located, and well-equipped, this is an excellent addition to any investment portfolio! *Pictures show vacant units but all apartments are rented.

175 Eagle Street

$110,000

8 Beds ⋅ 3 Baths ⋅ 202621656 MLS

Three-family property offering strong upside potential for investors or rehab specialists. Once the work is done, generate ~$50,000 gross income per year. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided--drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. CASH ONLY. NO INTERIOR ACCESS.

147 Clinton Avenue

$209,900

6 Beds ⋅ 2 Baths ⋅ 202621644 MLS

Two-Family Property., perfect for both the seasoned investor and those entering the market for the first time. Located in the high-demand rental markets of Cohoes This home offers a blend of stable tenancy, separate utilities, and strong, reliable cash flow. The property features: Two spacious rental units. Independent utilities for simplified management and reduced overhead. Established tenants providing immediate income. Solid rental history in proven investment location. Whether you're looking to expand your portfolio or begin building long-term wealth, this property delivers dependable performance and scalability.

79 Central Terrace

$314,900

5 Beds ⋅ 2 Baths ⋅ 202621498 MLS

Recently converted two-family home offering an excellent investment opportunity in a convenient Albany location. The first-floor unit features 2 bedrooms, while the second-floor unit offers 3 bedrooms. Recent updates include newer appliances, a beautifully renovated first-floor bathroom, updated plumbing throughout, and polished hardwood floors. The property is fully leased, providing immediate rental income. Conveniently located near shopping, dining, schools, public transportation, and major highways. OPEN HOUSE 7/11 12-1

212 Ontario Street

$395,900

10 Beds ⋅ 3 Baths ⋅ 202621496 MLS

Attention investors! Prime rental opportunity in the heart of Albany's thriving student neighborhood. This updated 3-family property features a total of 10 bedrooms, offering an ideal setup for high-demand student housing. generating an impressive $5,200/month in income, this property is a proven cash flow machine. Many recent updates throughout. Located just minutes from area colleges, this is a can't-miss opportunity to expand your portfolio. A true gem!

472 Hudson Avenue

$399,000

5 Beds ⋅ 2 Baths ⋅ 202621375 MLS

SHOWINGS ARE NOW AVAILABLE ON WEEKENDS. Exceptional opportunity to own a beautifully maintained two-family home situated on a rare double lot! Pride of ownership is evident throughout this well-cared-for property. The first-floor unit features beautiful hardwood floors, original woodwork and trim, 3 bedrooms, a full bath, living room and dining room and washer/dryer hookups in the basement. The second-floor unit, previously owner-occupied, offers an updated kitchen and bath, newer vinyl flooring, and fresh paint throughout. 2 bedrooms, full bath, living room dining room and washer dryer. Enjoy relaxing on the inviting front and back porches. Additional highlights include a spotless, dry basement, a large walk-up attic with plenty of extra storage, and an impressive four-car garage. Conveniently located with easy access to I-787 and the NYS Thruway, making commuting a breeze. Whether you're looking to owner-occupy or expand your investment portfolio, this move-in-ready property is one you won't want to miss!

20 Alden Avenue

$495,000

9 Beds ⋅ 3 Baths ⋅ 202621199 MLS

Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany's most established rental markets.

77 S Allen Street

$445,000

4 Beds ⋅ 3 Baths ⋅ 202621173 MLS

Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character. The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living. The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included. Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods.

339 Hamilton Street

$274,999

6 Beds ⋅ 2 Baths ⋅ 202621040 MLS

This spacious duplex offers two well-appointed 3-bedroom apartments, each complete with washer and dryer hookups. Whether you're an investor seeking strong rental potential or a homeowner looking to offset your mortgage with rental income, 85 Lancaster Street presents an outstanding opportunity in a desirable Cohoes location. Spacious units, practical layouts, and a convenient location make this property a smart addition to any real estate portfolio.

85 Lancaster Street

$285,000

9 Beds ⋅ 3 Baths ⋅ 202620998 MLS

INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term investment potential. Located in Albany's South End, this property sits directly across the street from ongoing redevelopment activity in a neighborhood seeing continued investment and revitalization. Whether you're looking to owner-occupy or add to your investment portfolio, don't let this MONEY MAKER escape! Schedule your showing today!

123 Clinton Street

$385,000

6 Beds ⋅ 2 Baths ⋅ 202620878 MLS

Attention investors and owner-occupants! Don't miss this fantastic opportunity to own a well-maintained two-family home with excellent income potential. Featuring a brand-new kitchen, updated bathroom, and separate utilities for each unit, this property is designed for convenience and long-term value. Current tenants are on month-to-month leases, offering flexibility for future plans. A private driveway provides off-street parking, and the convenient location puts you close to schools, shopping, restaurants, parks, public transportation, and major highways. Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the other, this property is a must-see!

103 Southern Boulevard

$205,000

5 Beds ⋅ 2 Baths ⋅ 202620749 MLS

Excellent opportunity to own a well-maintained, fully occupied two-family property in Cohoes. Located on a quiet one-way street, 24 Chestnut Street features two symmetrical 2-bedroom, 1-bath apartments with separate utilities and month-to-month tenants, offering flexibility for both investors and owner-occupants. The upstairs apartment rents for $1,200 per month and features updated cabinets and flooring. The downstairs apartment rents for $1,150 per month and has also been updated with newer cabinets and flooring. Both units offer functional, efficient layouts with strong long-term rental appeal. Major improvements provide peace of mind, including updated electrical, plumbing, and heating systems completed approximately 10 years ago, new vinyl replacement windows installed approximately 3 years ago, new siding, and a rubber roof that was professionally coated approximately 3 years ago. Additional features include a fenced backyard and separate tenant storage areas that are currently underutilized and offer added value. Ideally situated just steps from the Empire State Trail and West End Park, and within walking distance of Cohoes Middle School, this property combines a desirable location, dependable rental income, and numerous capital improvements, making it an outstanding investment opportunity.

24 Chestnut Street

$235,000

6 Beds ⋅ 2 Baths ⋅ 202620747 MLS

***PRICE IMPROVEMENT!*** Schedule a private showing today before it's gone! Opportunity awaits with this spacious two-family home in the heart of Cohoes! Each unit features 3 bedrooms and 1 bathroom, offering generous living space, separate entrances, and abundant natural light. Major updates include a new EPDM roof and new flooring throughout both units, completed in 2023. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers excellent potential. Conveniently located near shopping, restaurants, schools, parks, and major highways, with easy access to Albany, Troy, and the Capital Region. Bring your vision and make this versatile duplex your next investment!

1A Congress Street

$275,000

4 Beds ⋅ 2 Baths ⋅ 202620639 MLS

Open house 08/01/2026 from 10am to 12pm. This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street

$484,900

10 Beds ⋅ 3 Baths ⋅ 202620596 MLS

Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue

$289,000

2 Beds ⋅ 2 Baths ⋅ 202620578 MLS

Exceptional two-family property in the heart of Albany, offering a strong opportunity for both owner-occupants and investors. Located on a quiet, tree-lined one-way street just steps from the vibrant Lark Street district, this property combines neighborhood charm with convenient access to restaurants, cafes, shops, parks, and entertainment. The private fenced backyard provides valuable outdoor space, perfect for relaxing, gardening, or enjoying city living with added privacy. The upper unit features a unique loft-style layout with the bedroom on its own level, creating a desirable separation between living and sleeping areas and giving the space a distinctive multi-level feel. Whether you are looking to live in one unit while generating rental income from the other or expand your investment portfolio, this well-positioned two-family offers location, character, functionality, and income potential in one attractive package.

377 Hamilton Street

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