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$624,900
10 Beds 10 Baths 202625152 MLS
This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue, Albany

$299,900
4 Beds 2 Baths 202624911 MLS
Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!

473 Washington Avenue, Albany

$399,999
5 Beds 3 Baths 202624844 MLS
This very well-maintained three-unit building is conveniently located just a short distance from SUNY and local hospitals. With one of the spacious two-bedroom units currently vacant, this property is ideal for an owner-occupant. The building has been carefully updated and features a new roof and replacement windows. The two upper apartments offer comfortable two-bedroom, one-bathroom layouts complete with a living room, kitchen, dining area, and classic hardwood flooring. The lower level features a fully updated one-bedroom, one-bathroom apartment with its own living area. Each unit is equipped with newer appliances and includes one dedicated parking space. Additionally, there is a newer coin-operated washer and dryer in the basement.

51 Pleasantview Avenue, Albany

$514,000
4 Beds 4 Baths 202624599 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street, Albany

$284,900
3 Beds 2 Baths 202624493 MLS
Welcome to 434 Morris Street, a beautiful 3-bedroom, 1.5-bath home located just minutes from Albany Medical Center, Albany Law School, St. Peters Hospital, and the vibrant New Scotland Avenue corridor, where you'll enjoy easy access to popular restaurants, cafés, shops, and salons. This move-in-ready home has been thoughtfully renovated from top to bottom, blending modern finishes with comfortable living spaces. The main level offers a bright, open-concept layout with a comfortable living room, a defined dining area, and additional space perfectly suited for a home office or study area. Large windows throughout the home fill the interior with an abundance of natural light, creating a warm and inviting atmosphere. The stunning kitchen features quartz countertops, soft-close shaker cabinetry, and brand-new GE stainless steel appliances, creating a stylish and functional space for everyday living and entertaining. Upstairs, you'll find three spacious bedrooms and a full bathroom. For added convenience, the bathroom includes a dedicated washer and dryer area, making laundry day effortless. Outside, your new deck overlooks a spacious backyard and a refreshed front porch with beautiful landscaping elevating curb appeal. A new roof brings peace of mind, and a new driveway offers plenty of off-street parking. Whether you're looking for your first home, a place close to Albany's medical and educational institutions, or simply a beautifully updated property in a sought-after neighborhood, 434 Morris Street offers the perfect combination of location, comfort, and modern living. Come see all that this exceptional home has to offer. Nothing to do here but move in and start creating your own memories!

434 Morris Street, Albany

$1,499,900
10 Beds 10 Baths 202624326 MLS
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue, Albany

$449,900
4 Beds 3 Baths 202624285 MLS
Welcome to 1B Westford Street, a beautifully updated & spacious 4 bedroom, 3 full bath home situated between Hackett Blvd & Whitehall Rd. Located on a quiet side street in highly desired neighborhood in very close proximity to Hospitals, Restaurants, Eateries, Highways, and so much more. Walk out your back yard gate to Crestwood Plaza...Pearls Bagels, Spinners Pizza, Trustco Bank and Crestwood Pharmacy. This beautiful homes 1st floor features a large living room, dining and beautifully remodeled eat in kitchen with granite countertops and new stainless steel appliances. (Refrigerator, Stove, Dishwasher Microwave). Sliding glass doors off dining room lead to a cozy fenced in yard with patio. Ideal large 1st floor bedroom & remodeled bath with separate entrance/exit leading to back yard. 2nd Floor features 3 bedrooms & 2 full baths. Glistening hardwood floors, 1 car garage, Built-In Mitsubishi AC units, On Demand Hot Water, Ample storage & laundry round off this great home!

1B Westford Street, Albany

$899,900
202623554 MLS
A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

83 Central Avenue, Albany

$334,000
3 Beds 4 Baths 202623045 MLS
Opportunity awaits, 2 FAMILY POTENTIAL. 50 years of cherished single family ownership, this stunning Victorian home, timeless character is ready to welcome a new owner/investor. New gourmet kitchen with premium Bosch appliances, new boiler, new chimney liner, roof and front porch maintenance, repairs in progress. Three full bathrooms -- one conveniently located on each floor. 2nd and 3rd floors each offer partial kitchens. 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. 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 $389,900. Listing agent will assist the buyer to file a tax grievance, May 2027. 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, Albany

$2,300,000
10 Beds 11 Baths 202622723 MLS
(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street, Albany

$589,000
5 Beds 4 Baths 202622175 MLS
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, Albany

$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, Albany

$309,900
3 Beds 3 Baths 202621506 MLS
Beautifully updated 3 bedroom, 2.5 bath home blending historic Albany character with modern comfort. Timeless architectural details, including dentil molding, abundant natural light, and newly refinished hardwood floors. Step outside to a fully fenced backyard retreat featuring a private courtyard - an ideal setting for entertaining, outdoor dining, gardening, or simply relaxing. Recent improvements include a new roof with a transferable warranty and fresh exterior paint. Enjoy the convenience of city living with nearby public parking options and easy access to Washington Park, the University at Albany Downtown Campus, Albany Medical Center, Albany Law School, downtown Albany, Center Square, restaurants, cafes, shopping, entertainment and major commuter routes. Move-in ready and thoughtfully updated, this home offers a rare opportunity to enjoy historic character, private outdoor space and modern conveniences in an established Albany neighborhood.

21 Western Avenue, Albany

$239,900
6 Beds 2 Baths 202621119 MLS
BOM at no fault to seller. Well maintained 2 family duplex available for the first time in over 32 years. Each unit offers 3 bedrooms and 1 full bathroom with spacious room sizes and functional layouts throughout. The vacant upper unit features hardwood floors and is move in ready, making it an excellent opportunity for an owner occupant or investor seeking market rent. The enclosed sunroom provides additional living space and could potentially be converted into a fourth bedroom, office, or flex space. The first floor is occupied by a long term tenant of more than 25 years currently paying $1,000 per month, providing immediate rental income. Separate utilities help keep operating expenses down. A private backyard adds to the property's appeal. Conveniently located just minutes from I-90, I-787, downtown Albany, hospitals, colleges, restaurants, shopping, and major employers, offering easy access throughout the Capital Region.

354 Second Avenue, Albany

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