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$599,000
2 Beds 5 Baths 202612819 MLS
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

204 Lancaster Street

$199,999
2 Beds 1 Baths 202612292 MLS
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.

497 Washington Avenue

$140,000
2 Beds 1 Baths 202610540 MLS
Great opportunity to own a 2-bedroom home for living or investment property located on Clinton Avenue in Albany, NY. This property is currently rented, providing immediate cash flow, making it an excellent choice for investors, first-time landlords, or anyone looking to start or expand their real estate portfolio. The home features a functional layout with two bedrooms and solid bones. The basement offers additional potential and can be converted into a small studio or extra living space, adding future value and increased rental income (buyer to verify with local zoning). Conveniently located near public transportation, shops, schools, and major routes, this property offers both accessibility and long-term rental demand.

636 Clinton Avenue

$250,000
3 Beds 2 Baths 202529607 MLS
Welcome home to this beautifully renovated residence offering modern comforts, thoughtful layout, and inviting outdoor spaces. Featuring 3 spacious bedrooms and 2 full baths, this home is designed to meet the needs of today's lifestyles. The main floor includes a convenient first-floor bedroom and full bath, ideal for multi-generational living or guests seeking privacy and accessibility. A bright and welcoming covered front porch sets the tone as you enter into the open, updated interior showcasing polished hard wood floor, fresh paint throughout, and stainless steel appliances in the stylish kitchen. Upstairs, you'll find two additional bedrooms and a second full bath, with new luxury vinyl plank flooring, providing ample space for family or work-from-home flexibility. Step outside to enjoy year-round outdoor living with a covered back deck, perfect for entertaining or relaxing in any weather. The fully fenced backyard offers privacy and space for pets, play, or gardening--without compromising comfort on sunny or rainy days. Additional features include a clean, functional basement with laundry facility, providing convenience and extra storage. Move-in ready and updated from top to bottom, this home combines comfort, practicality, and modern style. Don't miss your chance to make it yours!!

94 Kent Street

$424,900
6 Beds 3 Baths 202529068 MLS
Completely turn-key investment opportunity in sought-after Center Square! This triplex has been updated throughout and features a brand new roof. The numbers work for an investment property or owner-occupy and have the tenants cover much of the mortgage! Basement unit is 1 BR, 1st floor unit is 2 BR's and 2nd/3rd floor unit is 3 BR's. Each unit features 1 full bath and all living areas and bedrooms have ceiling fans. Numerous updates throughout including flooring, kitchens & baths, and many newer windows. Brand new rear deck and stairs. 1st & 2nd Fl water heaters & refrigerators within last 2 years. All appliances stay including washer/dryer in 2 of the 3 units. Easy to maintain property in desirable and walkable Center Square!

350 Madison Avenue

$375,000
12 Beds 2 Baths 202528827 MLS
Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.

145 Quail Street

$649,900
5 Beds 5 Baths 202523509 MLS
Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street

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