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$550,000
9 Beds 5 Baths 202625663 MLS
A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations.

141 S Allen Street, Albany

$359,000
3 Beds 2 Baths 202624078 MLS
Wait...there's HOW much house here?! This freshly painted Albany ranch packs a whole lot of living into a smart footprint. The first level is 876ft, but do not miss out on the entirely finished basement doubling that size! Hardwood floors run throughout the main level, where two bedrooms and a spacious living room make for comfortable, easy living. You'll find a third bedroom in the basement, (with a side room attached), a kitchenette, a full bath, family room, and laundry, plus a completed private egress for easy access to and from the outside and interior access from the main level. That's a functional second living level, not an afterthought. Outside, a new vinyl fence defines the property and frames the expansive backyard on nearly half an acre -- plenty of room to stretch out, entertain, or just enjoy the quiet. You're minutes from downtown Albany for work, dining, and everything the city offers, with The Crossings of Colonie right nearby for trails, green space, and fresh air. Easy access to major routes like I-90 and Route 9 and puts the whole Capital Region (and beyond) within reach. Fresh, functional, and offering more living space than the first floor lets on -- come see what's hiding downstairs.

131 Shaker Road, Albany

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