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$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, Albany

$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, Albany

$450,000
6 Beds 2 Baths 202621604 MLS
This property is a fantastic opportunity for both living in and investing. It's a large, two-family corner home with a stucco exterior and a Spanish tile roof. Each unit features three bedrooms, one bathroom, a spacious living room, and a well-sized kitchen. Situated right on a main road, the property includes a fenced-in parking garage and sits on three separate tax parcels: 319, 317, and 315. The building itself sits on lot 319, and there are two adjacent lots, 317 and 315, that come with the property. The additional parcels could be converted into a two family buildings or four-units building spans across both the 315 & 317 lots. It's in a prime spot with highway, shopping, hospital, and schools all conveniently nearby.

319 McCarty Avenue, Albany

$500,000
7 Beds 4 Baths 202621537 MLS
**Back on Market due to Buyer Financing. No fault of the property.** Whether you're looking for multigenerational living, hoping to offset your mortgage with rental income or searching for an investment property with exceptional income potential, this versatile South Colonie property has so much to offer. Located in the South Colonie School District with low Colonie taxes, this rare three-family home offers flexibility that's hard to find. The spacious owner's unit features 3 bedrooms and 1.5 bathrooms, while the additional apartments include a 2-bedroom unit and a 1-bedroom unit. There's also a flex bedroom that could easily be incorporated into any of the units for additional living space or rental value. The large, partially finished garden-level basement offers exciting potential for additional finished living space or the possibility of creating a future fourth unit (subject to any required approvals and permits). Outside, you'll find a massive, private backyard with a patio that's perfect for relaxing, entertaining or giving tenants plenty of outdoor space to enjoy. Parking and storage are a breeze with both an attached one-car garage and a detached one-car garage. The detached garage has both electricity and water run to it. Conveniently located with easy access to a major bus route, shopping, restaurants and everyday amenities, this property combines location, flexibility and long-term value. Whether you're planning to live in one unit while generating income from the others or expanding your investment portfolio, this is a property packed with possibilities. *Photos limited for tenant privacy.*

2187 Central Avenue, Colonie

$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

$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, Albany

$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, Albany

$199,000
6 Beds 2 Baths 202620747 MLS
**HUGE PRICE IMPROVEMENT!!!- $21,000 PRICE REDUCTION!!! ** House hackers, investors and owner occupants, this one deserves your attention! This Cohoe's two-family offers something increasingly difficult to find: two spacious 3-bedroom apartments under one roof, giving the flexibility to generate rental income, live in one unit while renting the other, or add a solid property to your portfolio. 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, Cohoes

$465,000
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, Albany

$949,800
6 Beds 6 Baths 202619915 MLS
Come Explore .... 5 Normandy Square, Guilderland, NY 12009 -- tucked away on a manicured cul-de-sac in the Guilderland School District, this custom home has all the ''I wants'' and more. Much more! Truly needs to be seen to be appreciated. From the moment you enter the soaring two-story foyer-great room, the double-trayed 18' LED ceiling and floor-to-ceiling windows and fireplace tell you this isn't your average Albany County home. The great room opens to a gourmet kitchen with a massive island, beverage cooler, and pot filler. The breakfast nook and transitional sunroom lead to an expansive covered patio with a woodburning lodge fireplace, raftered ceilings, paddle fans, an all-weather TV, and a natural-gas Weber grill kitchen -- built for effortless, entertaining in the shadows of Thatcher Park. Less than 100 feet away sits the most flexible space of all: a 40'x60' (2,600+ sq ft) accessory dwelling unit with potential for recreation center/small business headquarters, or even light manufacturing. Could be used for car storage, a golf simulator, a theatre, dance studio, it is a blank slate. The ADU includes a 2BR/1.5BA apartment, ideal for multigenerational living, guests, or more offices for a home-based business. The 3,781 sq ft, natural-light-filled 4BR/3.5BA main house has a first-floor primary suite and 3-car garage. Combined: over 5,500 sq ft, 6 bedrooms, 4 full and 2 half baths, newer mechanicals, and unparalleled flex space near Costco, Hannaford, and all Guilderland/Altamont has to offer. This is the unicorn -- that unique Altamont, NY property you've been searching for. Stop by fall in love and say ''AHHH'' -- you've arrived home.

5 Normandy Square, Altamont

$550,000
10 Beds 4 Baths 202619760 MLS
Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property offers consistent tenant demand and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this quadplex provides a solid foundation with multiple income streams and efficient operations. Don't miss the chance to own a turnkey investment property in the heart of Albany. Can be packaged with 211 Quail Street.

360 Madison Avenue, Albany

$265,900
6 Beds 2 Baths 202619646 MLS
Rare opportunity featuring two homes on one parcel on Crystal Lake, Middleburgh, NY! Perfect for multigenerational living, a family compound, investment property, or short-term rental opportunity. The main home at 280 Gulf Road offers approximately 1,440 square feet of living space with 4 bedrooms, including 2 first-floor bedrooms and 2 second-floor bedrooms, providing flexibility for family, guests, and year-round living. The second home, approximately 840 square feet, presents exciting possibilities as a guest house, in-law residence, vacation rental, Airbnb, or private retreat. Live comfortably in one home while generating supplemental income from the other (subject to local regulations), or create the ultimate family getaway where everyone has their own space. Enjoy access to Crystal Lake, a peaceful non-motorized lake known for its natural beauty and outdoor recreation. Launch a canoe or kayak from the dock area, just steps away, and spend the afternoon fishing, or simply relax and enjoy the tranquil surroundings. Anglers will appreciate the variety of fish species found in the lake, making this a desirable destination for fishing enthusiasts. Whether you're searching for a lake-area retreat, vacation home, income-producing property, weekend getaway, or a unique opportunity for generational living, this versatile property offers exceptional flexibility. Surrounded by nature and four-season recreation, it's an ideal setting for those seeking the perfect blend of privacy, recreation, investment potential, and the relaxed lifestyle that Crystal Lake living provides.

280 Gulf Road, Rensselaerville

$260,000
6 Beds 3 Baths 202618685 MLS
Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY. This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal. Size: With a spacious layout, each unit features ample living space, bright natural light, and comfortable bedrooms. Location: Situated in a vibrant neighborhood, this property is conveniently located near local amenities, public transportation, parks, and schools, making it ideal for tenants. Potential Income: With strong rental demand in the area, this triplex presents an excellent opportunity for generating income. Parking: The property includes off-street parking for residents, adding to its convenience and appeal. This triplex is not only a fantastic investment opportunity but also a wonderful place to call home. Whether you're looking to occupy one unit and rent out the others or solely use it as an investment property, 313 1st Street is a must-see. Don't miss your chance to own this prime piece of real estate in Albany!

313 1st Street, Albany

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