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$259,000
6 Beds 2 Baths 202617519 MLS
Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

10 Hurlbut Street

$349,900
4 Beds 3 Baths 202617321 MLS
Welcome to this spacious and character-filled home in the heart of Albany's Historic Pine Hills neighborhood! Offering over 2,300 square feet of living space, this property blends timeless charm with incredible versatility. Featuring generously sized rooms, classic architectural details, and a functional layout, there is plenty of space for everyday living, entertaining, or working from home. Enjoy charming front porch, updated kitchen, high ceilings and option for a first floor home office/bedroom! Enjoy turn-key condition! This home has been lovingly maintained and cared for by long time owner. Situated on a rare over-sized lot with a two-car garage, this property offers hard-to-find outdoor space in the city. Roof 2-3 years old with 50 year transferrable warranty, boiler 6 years old, bathroom upgrades, fresh paint and beautiful landscaping! Conveniently located just minutes from hospitals, universities, parks, restaurants, and all that New Scotland and Madison Avenue have to offer. A fantastic opportunity to own a substantial home in one of Albany's most established neighborhoods!

446 Yates Street

$289,900
4 Beds 2 Baths 202616557 MLS
Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2 car detached garage, another 5 bay garage with 8 vacant land parcels. The first floor apartment is renovated in the two family but the 2nd floor needs rehab. Both units are occupied with longer term tenants. The first floor pays $750 and the second floor pays $650 and both are month to month. Enjoy plenty of off street parking and a 2 car detached garage. This property is in the middle of Albany revitalization project of upwards of $177 million of brand new 2 family homes being built all around the South end of Albany. Don't miss this unique opportunity to have instant equity in this great project. Rents could be much higher with HUD fair market rents at $1,702 per month for the year of 2026. All data, dimensions and tax map numbers are attached under documents. Properties MUST be sold as a package.

13 Batcher Street

$499,900
3 Beds 3 Baths 202616489 MLS
Magnificent and meticulously maintained, this original Buckingham Mews townhouse offers true move-in condition and an exceptional blend of comfort, style, and convenience. Fully renovated throughout, the home features gleaming hardwood floors, beautifully updated kitchen and baths, and a bright, expansive open floor plan designed for modern living. A dramatic two-story living room with a floor-to-ceiling fireplace flows seamlessly into the dining room (also with fireplace) and stunning kitchen, creating the perfect space for both everyday living and entertaining. The spacious first-floor primary suite boasts abundant closet space and a spa-like, designer-updated bath, while the second level offers two oversized bedrooms, a full bath, and a versatile loft area. The massive basement is nearly 2000sf and is ideal for hobbies or additional storage. Enjoy maintenance-free living with thoughtful upgrades including a whole-house generator, a two-car attached garage (epoxy floor), and two courtyard patios--one privately fenced for added tranquility. Ideally situated on a quiet cul-de-sac in Albany's desirable Buckingham Lake neighborhood, this home is just minutes from highway access and close to shopping, restaurants, hospitals, universities, and downtown. A truly impressive and turnkey property--simply move in and enjoy.

214 Colonial Avenue

$175,000
4 Beds 2 Baths 202616029 MLS
Timeless Charm meets modern potential in this south end home. This is an opportunity to restore a grand 4 bedroom historic home to its former glory blending 19th century design with the investment potential of a rapidly growing neighborhood. Home features interior canvases of the past, is generously proportionate, has high ceilings, original moldings and hidden gems sold as-is.Located on a community focused block in an are that is seeing significant community investment and new developments. Just minutes away from public transit, local parks, schools and vibrant new neighborhood amenities. This property is eligible for historic preservation grants and NYS Tax credits. Historical footprints at this price point are becoming a rarity in Downtown Albany don't let this chance to build equity in a piece of local history pass you by.

3 Osborne Street

$299,900
9 Beds 2 Baths 202615722 MLS
Don't miss this incredible opportunity in Albany! This fully renovated row house with in law apartment features 9 spacious bedrooms and 2 modern bathrooms, making it perfect for a student rental or a large household looking for plenty of space. Everything is brand new -- updates include: Gas meter & electrical (200 Amp service), Windows, plumbing, and water line, Siding, gutters, and freshly poured concrete sidewalks (front & back), New flooring, paint, tile, and Sheetrock throughout, Beautifully updated kitchen with granite countertops, new cabinets, and modern finishes, New hot water tank for efficiency and reliability. Enjoy the blend of classic Albany character and modern upgrades in this move-in-ready property. With strong rental history currently making $3,000 a month with potential for up to $4,400 per month when fully occupied, and nothing left to update, this home is a fantastic investment opportunity or a comfortable home for a large family

3 Manning Square

$399,900
4 Beds 2 Baths 202615537 MLS
Welcome to Tudor Rd! This charming Cape Cod is perfectly situated on a quiet cul-de-sac while being just steps from everything Albany has to offer. Enjoy a highly walkable location with easy access to restaurants, shopping, and public transportation -- the best of city convenience in a peaceful neighborhood setting. Outside, a beautifully landscaped yard creates a warm and inviting first impression and offers a private space to relax or entertain. A standout feature of this home is the amazing front screened porch -- the perfect spot to enjoy your morning coffee, unwind in the evening, or take in the beautifully landscaped surroundings. Inside, you'll find timeless architectural details that add character and charm throughout the home, blending classic style with everyday comfort. A rare opportunity to own a home that offers both tranquility and unbeatable access to all the amenities of Albany.

7 Tudor Road

$365,000
6 Beds 2 Baths 202615320 MLS
A rare find in Albany's Pine Hills: Updated two-unit property that works equally well as a primary home with income offset, or a turnkey cash-flowing investment. For the Home Buyer Live in one unit and let your tenant help pay your mortgage. The first-floor unit is rented - that income starts working for you on day one. Your unit has been fully renovated with vinyl plank flooring, a marble-look tiled bathroom with rainfall shower, recessed lighting, in-unit laundry, new windows, and modern finishes throughout. Move in and enjoy -- everything has already been done. Qualifies for FHA owner-occupied financing. For the Investor True turnkey -- no renovation risk, no capital expenditure queue. Both units feature spacious 3-bedroom layouts with the amenity combination renters actually want: off-street parking and in-unit laundry. Existing income in place with room to optimize rents. Projected pro forma cap rate of 10%+. Strong, durable rental demand from UAlbany students, healthcare workers, and state employees keeps vacancy risk low. The Location Pine Hills is one of Albany's most consistently occupied rental submarkets -- walkable, well-connected, and minutes from UAlbany, major healthcare campuses, state offices, dining, and transit. Agent is the Ownerr

683 State Street

$739,900
6 Beds 4 Baths 202614635 MLS
Welcome to 29 Dove Street, a classic Albany 3-unit residence filled with timeless architectural details and inviting living spaces. From the moment you enter, you'll appreciate the high ceilings, original woodwork, and natural light that give this home its unique charm and character. The layout offers comfortable and flexible living space, with generously sized rooms that can be tailored to your lifestyle--whether you're working from home, entertaining, or simply enjoying a quiet retreat in the city. Original features throughout the home provide a beautiful foundation, while still allowing room to personalize and make it your own. Located just steps from downtown restaurants, parks, and the Capitol area, this home offers the perfect blend of historic charm and modern-day convenience. Enjoy walkable access to some of Albany's best amenities while living in a neighborhood known for its character and appeal. A rare opportunity to own a piece of Albany's history and create a space that truly feels like home.

29 Dove Street

$555,000
4 Beds 3 Baths 202614479 MLS
Spacious Victorian townhome in Albany's Center Square neighborhood is ''turn key''. Tasteful updates and modern amenities blend nicely with the numerous historic architectural details that remain. The large living room, with period crown moldings, beautiful mantle mirror and marble fireplace, opens into a dining area and updated eat-in kitchen. A perfect floor plan for entertaining!! Large 2nd floor bedroom has charming bay window, gas stove and spacious closet. Washer/dryer conveniently located on second floor. Antique lighting fixtures throughout first and second floor!! Newly renovated basement level is currently being used by owners as additional living space but may be easily converted to an income apartment if desired. Beautifully landscaped back yard. New heat/hot water system (Gas Fired - 2 Zone Laars Mascot 95% Combination Boiler/Hot Water Heater). Neighborhood residential parking permit is $20/year. Property tax includes garbage pickup fee for 2 units ($360/year). School tax does not reflect STAR exemption. Below Grade Finished Area (Garden Level) has been added to Above Grade Finished Area For Total Finished Area of 2,712 sq.ft.

165 Lancaster Street

$435,000
5 Beds 4 Baths 202614240 MLS
Discover an exceptional opportunity in one of Albany's most sought-after neighborhoods! This well-maintained 4-unit multi-family property sits in the heart of the vibrant Center Square district steps from Washington Park, trendy restaurants, boutique shops, and the energy of downtown Albany. With its classic architecture, tree-lined streets, and walkable lifestyle, Center Square consistently attracts strong rental demand from professionals, students, and long-term tenants alike. Currently configured as four separate living spaces, the property is legally zoned for three units. The upstairs unit has been thoughtfully divided into two distinct apartments, delivering immediate owner occupancy or additional income potential. One of these upstairs spaces is non-conforming, but the City of Albany's recent declaration of a housing crisis and its streamlined ADU (Accessory Dwelling Unit) approval process open a possible path for the new owner to legalize the second upstairs unit and maximize returns. Whether you're expanding your portfolio or making Center Square your home while generating income, this property delivers location, income, and upside potential in one of Albany's most desirable historic districts.

138 Lancaster Street

$269,900
3 Beds 3 Baths 202613903 MLS
Looking for your next project? Look no further! Investor special with strong upside potential! This spacious brick triplex offers a fantastic opportunity for renovation and value creation. Featuring high ceilings, original architectural details, and multiple fireplaces, the home has solid bones and plenty of character ready to be brought back to life. Natural light flows throughout, and the property includes classic elements such as original trim work and exposed brick, offering the perfect canvas for a modern restoration. The property is in need of some renovation and is being sold as-is making it ideal for investors, contractors, or buyers looking to customize a property to their vision. Conveniently located near local amenities, transportation, and neighborhood conveniences. Bring your ideas and unlock this property's full potential! Seller is open to subject to or seller financing. Ask listing agent for details.

247 Quail Street

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