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$329,000
4 Beds ⋅ 4 Baths ⋅ 202619848 MLS
Opportunity meets character at 427 S Pearl St, a fully remodeled mixed-use building featuring one of Albany's last historic bar spaces paired with two income-producing apartments. The commercial space offers a fully renovated bar/lounge, complete with a stunning custom bar, dining area, kitchen, office, and one ADA-compliant bathroom and one standard bathroom, along with a mop/broom closet. RESTAURANT EQUIPMENT CONVEYS WITH THE SALE OF THE PROPERTY! With USB-integrated outlets, updated systems, and a brand-new high-efficiency gas heater (2025), this space is turnkey and ready for its next concept. Currently generating $1,500/month with upside to ~$2,000/month upon liquor license approval. Upstairs, two spacious 2-bedroom apartments feature updated layouts, large bathrooms, and strong rental history; both currently occupied (month-to-month) at $1,300 and $1,400/month. Major improvements include new roof (2018), full electrical service update (2023), new sewer line to street (2024), updated plumbing with PEX throughout, and newer hot water tanks--offering peace of mind for years to come. Tenants pay utilities, keeping operating expenses low and returns strong. Whether you're an investor seeking cash flow or an owner-user looking to operate a business while collecting residential income- this is a rare find in the City of Albany! Current Income: Bar: $1,500/mo = $18,000/year Apts: $2,700/mo = $32,400/year Total Gross = $50,400/year Expenses: Taxes: $9,963 Insurance: $2,568 Water/Sewer: ~$675 Total Expenses ≈ $13,206 NOI (Net Operating Income): $50,400 - $13,206 = $37,194 CAP Rate (Current): *11.3%* 11%+ cap rate, built-in income, and serious upside...this is the deal investors wait for!!!!

427 S Pearl Street
$130,000
5 Beds ⋅ 2 Baths ⋅ 202619823 MLS
Motivated seller- Bring your best offer and creative idea to this project. Handyman Special in the Heart of Albany! Opportunity awaits with this brick multifamily property located in Albany School District. This investor special offers tremendous potential for investors, contractors, flippers, or owner-occupants looking to build equity. The property requires a complete rehabilitation and is being sold as-is. Cash offers only. Featuring a brick exterior and a prime location close to major highways, public transportation, shopping, restaurants, schools, hospitals, and downtown Albany amenities, this property presents an excellent value-add opportunity. Low taxes help maximize future investment potential. Bring your vision, tools, and creativity to transform this multifamily property into a strong income-producing asset or long-term investment. Rare opportunity to purchase a fixer-upper in a convenient Albany location with endless possibilities. Don't miss your chance to unlock the potential this property has to offer!

13 Lexington Avenue
$499,000
10 Beds ⋅ 3 Baths ⋅ 202619770 MLS
This 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. Unit 1 has 4 bedrooms and 1 full bath, Unit 2 has 3 bedrooms and 1 full bath. Unit 3 has 3 bedrooms and 1 full bath. There is a large living room in each unit. Small backyard and a larger side yard that tenants use for a 3 car off street parking area. Each unit is month to month and could be getting higher rents.

144 Broad Street
$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
$300,000
4 Beds ⋅ 3 Baths ⋅ 202619620 MLS
Motivated Seller. Fully upgraded 2 family -can be used for commercial. Excellent Condition. New Roof, New Furnace, New Kitchens, New Bathrooms, New appliances. First floor unit with 2 bed 1 bath. Second floor unit with 2 bed 2 bath. Estimated rental $3200 per Month.

70 N Lake Avenue
$150,000
4 Beds ⋅ 2 Baths ⋅ 202619476 MLS
Great investment opportunity with big backyard. All Utilities are Separate. Sold as is

104 2nd Avenue
$239,900
2 Beds ⋅ 2 Baths ⋅ 202619397 MLS
Turn-key 2-family property featuring two fully renovated 1-bedroom, 1-bath units with modern updates throughout. Each unit offers bright living space, updated kitchens and baths, and separate utilities, making this an excellent investment opportunity or ideal owner-occupant property. Both units are currently leased, with the upstairs tenant moving out at the end of July, offering flexibility for a new owner. Conveniently located near shopping, dining, and major highways for easy commuting. A great addition to any portfolio!

1522 7th Avenue
$600,000
3 Beds ⋅ 4 Baths ⋅ 202619080 MLS
Very rare opportunity to own a unique duplex in Albany's highly desirable Center Square neighborhood. Technically comprised of two separately deeded condominiums, 149 Lancaster Street is being offered as a duplex, providing flexibility for investors and owner-occupants alike. The property features spacious living areas, abundant natural light, and the historic character that makes Center Square so sought after. Unit 1 is a massive 1 bedroom/ 1.5 bathroom with an exceptional garden & outdoor space. Unit 2 is equally as grand but with 2 bedrooms/ 1.5 bathrooms and rooftop deck perfect for firework spectating. Both units to be delivered vacant. Located just steps from Washington Park, Lark Street, Albany Medical Center, restaurants, shops, and downtown Albany, this property offers exceptional walkability and strong rental demand. Continue operating as a duplex or explore the benefits of the existing condo structure. A rare chance to own a versatile income-producing property in one of Albany's premier neighborhoods

149 Lancaster Street
$850,000
10 Beds ⋅ 6 Baths ⋅ 202619003 MLS
One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Residential street directly off Lark St, close proximity to State offices, hospitals, univiersties, etc.

201 Jay Street
$330,000
5 Beds ⋅ 4 Baths ⋅ 202618803 MLS
PRICE IMPROVMENT !!...If you want cash flow, this property projects 50K annual rental income. Great Albany location. Close to hospitals, universities, restaurants and entertainment. 4 units with hardwood floors throughout. With two vacant units ideal for owner occupancy. Each unit has its own gas and electric meter, as well as a house meter, individual water heaters for each unit. New kitchen appliances in some units. Start your investment property dreams or add to an existing portfolio. Don't miss out...Schedule a showing today.

802 Myrtle Avenue
$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
$334,000
3 Beds ⋅ 3 Baths ⋅ 202618608 MLS
Great opportunity to own this well maintained beautiful historic three-family in Albany. Conveniently located across from Suny Albany downtown campus and walk distance to Washington Park. Original architectural features inside out, private rear porch for each unit. Perfect for owner occupy or investment. Rents are $1350, $1225 and $975.

385 Washington Avenue
$329,000
3 Beds ⋅ 2 Baths ⋅ 202618577 MLS
Mixed use property in the heart of Delaware Avenue Business District. Close to the Spectrum Theater and many restaurants. Store Front occupied by a hair salon (shown by appointment only) Apt 1 vacant (1br), Apt 2 occupied (3BR)

404 Delaware Avenue
$385,000
6 Beds ⋅ 2 Baths ⋅ 202618553 MLS
Great investment or owner-occupant opportunity in Albany! This spacious 2-family home offers a total of 6 bedrooms and 2 full bathrooms, with each unit featuring 3 bedrooms and 1 bath. Conveniently located near colleges, hospitals, shopping, restaurants, bus lines, and major highways. Whether you are looking to add to your rental portfolio or live in one unit while renting the other, this property offers strong potential. Don't miss this opportunity in a desirable Albany location!

149 Homestead Avenue
$174,999
5 Beds ⋅ 2 Baths ⋅ 202618537 MLS
Attention Investors!! Looking to start or to add to your business portfolio.All showing require pre-approval letter or bank statement before any appointments are confirmed. Property Sold As Is .

300 3rd Street
$299,000
6 Beds ⋅ 2 Baths ⋅ 202618468 MLS
This fully occupied duplex in Albany's sought-after Pine Hills, adjacent to Helderberg, boasts mirrored 3BD, 1BA layouts in each unit, providing ample space for tenants. Located a short walk from Albany Medical Center, St. Peter's Hospital, and vibrant New Scotland Avenue, with popular spots like Ale & Oyster and Tipsy Moose nearby, this property is perfect for investors seeking a prime location. Both units MTM, upstairs is rented for $1,550 and downstairs for $1,500.

88 Woodlawn Avenue
$289,900
5 Beds ⋅ 3 Baths ⋅ 202618282 MLS
Great Opportunity to convert this mixed-use building into a side-by-side 2 family located on the prime corner of New Scotland and S. Main. Currently set up with offices on the left side and a 2 bedroom/1 bath apartment on the right. With a full basement and separate utilities, it would be an easy conversion making this into cash cow. Walking distance to hospitals, schools, restaurants, and shopping. Take advantage of this hard-to-find great deal!

538 New Scotland Avenue
$230,000
5 Beds ⋅ 3 Baths ⋅ 202618219 MLS
.Calling all investors! Great opportunity to add to your portfolio Down stairs ( basement) 1 bedroom, 1 bath. Apt 2 -2 story with 1 bedroom on 1st floor and 3 bedrooms upstairs and 2 bathrooms . Separate utilities. Great income potential.

318 1st Street
$1,025,000
19 Beds ⋅ 12 Baths ⋅ 202618199 MLS
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

29 2nd Street
$399,900
2 Beds ⋅ 3 Baths ⋅ 202618141 MLS
Prime mixed use opportunity on Madison Ave in the sought after Center Square/Hudson Park neighborhood, just steps from Lark St. This mixed use, commercially zoned property features a versatile first floor commercial space with central air and a commercial kitchen setup, ideal for restaurant, café, retail, office, or other business use. The second and third floors each offer bright and well appointed one bedroom apartments. Located in one of Albany's most walkable neighborhoods, close to restaurants, shops, Washington Park, downtown amenities, and state offices, this property presents an excellent opportunity for investors or owner occupants alike.

418 Madison Avenue
$399,000
3 Beds ⋅ 3 Baths ⋅ 202618021 MLS
Recently renovated triplex near Albany Medical Center featuring updated interiors and convenient access to hospitals, major highways, downtown Albany, shopping, dining and public transportation. This well-maintained three-family property offers strong rental appeal for both tenants and investors alike. Each unit features a living room, kitchen, dining room, additional flex space ideal for a family room or den, one bedroom and one full bathroom. Two of the three units are currently occupied on month-to-month leases, while the second-floor unit is vacant and ready for an owner-occupant or new tenant. The property offers modern updates throughout, excellent income potential, and low-maintenance appeal. Whether you are looking to expand your investment portfolio or occupy one unit while generating additional rental income, this versatile multi-family property presents a fantastic opportunity in a highly convenient location.

208 Myrtle Avenue
$175,000
6 Beds ⋅ 2 Baths ⋅ 202617966 MLS
Attention Investors !! Looking to start or to add to your business portfolio. Property Vacant easy to show pre-approval letter require or bank statement before any appointment are confirmed Rops are in place. SOLD AS IS.

257 Elk Street
$550,000
5 Beds ⋅ 5 Baths ⋅ 202617831 MLS
FOR INVESTORS: Legal 2-family property offering dual rental income opportunities. Strong demand for short-term and long-term rentals with close proximity to skiing, golf, hiking, and farm-to-table dining. Features include ample storage, a full walk-up attic, brand-new stainless steel appliances, and laundry hookups. Just 2+ hours from NYC, this home is well positioned for a weekend rental audience and makes a solid addition to any investment portfolio. FOR ENTREPRENEURS: Outbuildings provide excellent potential for an artist studio, yoga space, workshop, or other creative use. The legal 2-family configuration offers flexibility for live/work needs. Conveniently located near Albany, Hudson, Windham, and Saugerties—ideal for attracting clients or visitors. Scenic mountain views and access to outdoor recreation further enhance short-term rental appeal. FOR HOMEBUYERS: Two fully equipped living units offer versatile options for those seeking separate living spaces or adaptable layouts. Spacious bedrooms, a primary suite, and enclosed sunrooms provide comfort and privacy. The expansive living room features a wood-burning fireplace that adds warmth and character, while central air and mini-splits ensure year-round comfort. Located in the Greenville School District, which offers the International Baccalaureate Program.

186 Cty Rte 411
$79,900
6 Beds ⋅ 2 Baths ⋅ 202617576 MLS
Investor special in Albany! This up-and-down duplex at 402 2nd Street offers a prime value-add opportunity for investors, flippers, or contractors looking for their next rehab project. The property needs extensive renovation throughout, including major interior and exterior updates, but has strong upside potential once restored. Features a traditional duplex layout with separate units, offering future rental income or owner-occupant possibilities. Conveniently located near downtown Albany, schools, parks, and major highways. Bring your vision and tools -- this is a full rehab with serious potential for the right buyer.

402 2nd Street
$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
$220,000
5 Beds ⋅ 2 Baths ⋅ 202617450 MLS
Come take a look. 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. The first-floor unit is newly vacant and easy to show, while the second-floor unit is currently occupied, providing immediate rental income. Featuring separate gas boilers and electric panels, this property is ideal for investors seeking efficiency and convenience. Enjoy a spacious backyard, off-street parking, washer and dryer hookups, and generous living space throughout. Please note: lead abatement is needed in the first-floor unit. With strong income-producing possibilities and flexible ownership options, this is an opportunity you won't want to miss. Home sold as is.

318 Saratoga Street
$665,000
5 Beds ⋅ 4 Baths ⋅ 202617344 MLS
Four Stories of Living Space. First Floor is large open dining/living room with separate eat in kitchen with bay window overlooking the deck and garden. Half bath. Central A/C. Five Ornamental Fireplaces. Parquet and Hardwood Floors, Tall Ceilings, Large Windows, Original Moldings and Medallions throughout. Second and third floors have two bedrooms with full baths and top floor laundry. Bonus study on top floor. Washington Park views from primary bedroom bay window. First floor deck. Small perennial garden. Full garden level one bedroom rental apartment or guest suite. Wine celler.

223 Lancaster Street
$275,000
5 Beds ⋅ 2 Baths ⋅ 202617258 MLS
Fully renovated two-family property in a convenient Watervliet location! This turnkey investment features a spacious 3-bedroom unit upstairs and a 2-bedroom unit on the first floor, both currently unoccupied. Second floor unit has a private backyard. Whether you're looking to expand your portfolio or owner-occupy in the future, this is a solid opportunity with strong rental history and minimal upkeep needed.

1540 8th Avenue
$490,000
11 Beds ⋅ 3 Baths ⋅ 202617070 MLS
Completely rebuilt from the studs up, this fully renovated multi-family property offers modern finishes, updated electrical, and ample square footage. Each unit features washer hookups, and the sale includes appliances for added convenience. The bathrooms are finished with elegant Italian marble, adding a luxurious touch to the home. Enjoy outdoor living with a spacious deck, perfect for relaxing or entertaining. Ideal for owner occupancy or investment, this unique property also includes an additional detached residential unit on the lot, providing added income potential and flexible use opportunities. Conveniently located near the public pool, downtown Watervliet, and just minutes from Latham shopping, dining, and major routes. A rare opportunity to own a turn-key property with strong cash-flow potential. ***OPEN HOUSE DAILY: MONDAY - FRIDAY, 2:00 PM - 4:00 PM ***

1427 4th Avenue
$539,000
8 Beds ⋅ 4 Baths ⋅ 202616990 MLS
2-Duplexes for sale next door to each other. 2 bedrooms each unit, nice backyard, off street parking, coin laundry on site, tenants are month to month. Need to be sold together 431 and 433. 64.74-2-48 and 64.74-2-49

431-433 W Lawrence Street

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