Mycapitalregionhomes.com Search Results

$244,000

Fantastic opportunity to own a completely turn key investment property located on a quiet street close to 787. Completely updated inside and out with good tenants that are up to date. Property comes with a vacant building lot for another home or additional parking.

4 Beds ⋅ 2 Baths ⋅ 202617039 MLS

Fantastic opportunity to own a completely turn key investment property located on a quiet street close to 787. Completely updated inside and out with good tenants that are up to date. Property comes with a vacant building lot for another home or additional parking.

13 Sargent Street

$349,900

Income producing duplex in a prime location with immediate cash flow and rental upside features separate utilities and new roof(2023) replacement window, fence yard and spacious units ideal for investors seeking a turnkey asset. OR owner occupants look into offset mortgage cost with rental income minutes from Albany Medical Center, Saint Peter's Hospital, downtown Albany, NYS capitol & Highways.

7 Beds ⋅ 2 Baths ⋅ 202616996 MLS

Income producing duplex in a prime location with immediate cash flow and rental upside features separate utilities and new roof(2023) replacement window, fence yard and spacious units ideal for investors seeking a turnkey asset. OR owner occupants look into offset mortgage cost with rental income minutes from Albany Medical Center, Saint Peter's Hospital, downtown Albany, NYS capitol & Highways.

11 S Dove Street

$290,000

This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants -- ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.

5 Beds ⋅ 3 Baths ⋅ 202616892 MLS

This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants -- ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.

446 2nd Avenue

$475,000

Two-family residential property in Albany featuring approximately 2,454 sq ft of above-grade living space per public record. Property includes garage parking and shared driveway access. Property is currently tenant-occupied. Lease information available upon request. Buyer to verify all information including taxes, square footage, leases, and condition.

10 Beds ⋅ 3 Baths ⋅ 202616820 MLS

Two-family residential property in Albany featuring approximately 2,454 sq ft of above-grade living space per public record. Property includes garage parking and shared driveway access. Property is currently tenant-occupied. Lease information available upon request. Buyer to verify all information including taxes, square footage, leases, and condition.

14 W Erie Street

$289,900

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.

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

$250,000

Investor Alert! Strong value add opportunity in a prime Watervliet location. This 4 unit property offers significant upside with a unit mix of two 1 bed 1 bath units, one 4 bed 2 bath unit, and one 5 bed 1 bath unit with a private laundry room. Excellent income potential with BRRR upside, potential to reconfigure into a 5 unit setup, and strong short term rental appeal. Property requires a full renovation and is being sold as is. Cash only, will not qualify for traditional financing. A substantial amount of renovation materials are already on site and ready for installation, helping streamline the project. With an estimated after repair value of $500K+, this is a compelling opportunity for investors looking to build equity. Situated on a corner lot with a 2 car garage and off street parking. Schedule your private tour today.

11 Beds ⋅ 5 Baths ⋅ 202616027 MLS

Investor Alert! Strong value add opportunity in a prime Watervliet location. This 4 unit property offers significant upside with a unit mix of two 1 bed 1 bath units, one 4 bed 2 bath unit, and one 5 bed 1 bath unit with a private laundry room. Excellent income potential with BRRR upside, potential to reconfigure into a 5 unit setup, and strong short term rental appeal. Property requires a full renovation and is being sold as is. Cash only, will not qualify for traditional financing. A substantial amount of renovation materials are already on site and ready for installation, helping streamline the project. With an estimated after repair value of $500K+, this is a compelling opportunity for investors looking to build equity. Situated on a corner lot with a 2 car garage and off street parking. Schedule your private tour today.

1301 Broadway

$499,000

Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water tanks. Inside the units have been updated: 3 units offer updated kitchens w/granite. The property also features a 3-car detached garage, offering additional storage or rental income potential. Across from Lincoln Park.

7 Beds ⋅ 4 Baths ⋅ 202615912 MLS

Well maintained 4-Unit Investment Property! Located on Morton Avenue, this solid 4-unit building offers a fantastic opportunity for investors seeking strong rental potential paired with valuable property upgrades. Recent improvements include 3 high-efficiency natural gas condensing boilers, 2 coin-operated washers + dryers for tenant convenience, a newer roof, gutters, sidewalk + hot water tanks. Inside the units have been updated: 3 units offer updated kitchens w/granite. The property also features a 3-car detached garage, offering additional storage or rental income potential. Across from Lincoln Park.

272 Morton Avenue

$299,900

Completely renovated two-family property in the Cohoes City School District offering exceptional space, flexibility, and modern finishes throughout. Each unit features three spacious bedrooms and two full bathrooms, including dual primary suites--one with a traditional layout and a second private suite with its own full bath, ideal for extended living or added rental appeal. Both units have been updated from top to bottom over the past several years, showcasing tiled bathrooms, updated kitchens with stainless steel appliances, and quality finishes throughout. One unit offers quartz countertops while the other features granite, providing a high-end feel in each space. Additional highlights include forced hot air heating, central air conditioning, and enclosed back porches with laundry for added convenience. This is a true turnkey opportunity--perfect for owner-occupants or investors alike. Nothing to do but move in and start generating income.

6 Beds ⋅ 4 Baths ⋅ 202615460 MLS

Completely renovated two-family property in the Cohoes City School District offering exceptional space, flexibility, and modern finishes throughout. Each unit features three spacious bedrooms and two full bathrooms, including dual primary suites--one with a traditional layout and a second private suite with its own full bath, ideal for extended living or added rental appeal. Both units have been updated from top to bottom over the past several years, showcasing tiled bathrooms, updated kitchens with stainless steel appliances, and quality finishes throughout. One unit offers quartz countertops while the other features granite, providing a high-end feel in each space. Additional highlights include forced hot air heating, central air conditioning, and enclosed back porches with laundry for added convenience. This is a true turnkey opportunity--perfect for owner-occupants or investors alike. Nothing to do but move in and start generating income.

186 Main Street

$314,000

Rare Opportunity. One Owner, Two-Family Investment Opportunity in Cohoes' Desirable ''Hill'' This property is an ideal setup for allowing an owner-occupant to live in one unit while the rental income from the second unit helps offset mortgage payments. Spacious yard with Garage, Shed, Hardwood floors.

6 Beds ⋅ 2 Baths ⋅ 202615435 MLS

Rare Opportunity. One Owner, Two-Family Investment Opportunity in Cohoes' Desirable ''Hill'' This property is an ideal setup for allowing an owner-occupant to live in one unit while the rental income from the second unit helps offset mortgage payments. Spacious yard with Garage, Shed, Hardwood floors.

11 Miller Avenue

$365,000

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

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

$226,500

Welcome to 21 Morris Street--where charm, comfort, and convenience come together in the heart of Cohoes! This two family home offers the perfect blend of classic character and modern-day livability, making it an ideal fit for first-time buyers, those looking to invest, and those looking to settle into a vibrant community. Step inside to find a warm and inviting layout filled with natural light, spacious living areas, and thoughtful details throughout. This home offers the flexibility and comfort you've been looking for. The yard is perfect for entertaining, gardening, or simply relaxing outdoors. Conveniently located near local shops, restaurants, parks, and major highways, you'll love the easy access to everything the Capital Region has to offer. Don't miss your chance to own a move-in ready home in a growing and desirable area--schedule your showing today!

7 Beds ⋅ 2 Baths ⋅ 202615129 MLS

Welcome to 21 Morris Street--where charm, comfort, and convenience come together in the heart of Cohoes! This two family home offers the perfect blend of classic character and modern-day livability, making it an ideal fit for first-time buyers, those looking to invest, and those looking to settle into a vibrant community. Step inside to find a warm and inviting layout filled with natural light, spacious living areas, and thoughtful details throughout. This home offers the flexibility and comfort you've been looking for. The yard is perfect for entertaining, gardening, or simply relaxing outdoors. Conveniently located near local shops, restaurants, parks, and major highways, you'll love the easy access to everything the Capital Region has to offer. Don't miss your chance to own a move-in ready home in a growing and desirable area--schedule your showing today!

21 Morris Street

$410,000

Great investment property. Turn key 4 unit. New appliances in all units. Hardwood floors in all units. Off street parking for 3 plus cars. All tenants month to month and paying .

7 Beds ⋅ 4 Baths ⋅ 202614849 MLS

Great investment property. Turn key 4 unit. New appliances in all units. Hardwood floors in all units. Off street parking for 3 plus cars. All tenants month to month and paying .

499 Delaware Avenue

$420,000

Welcome to the Heart of Voorheesville! This Duplex property is Located Directly across the street from the Pretty Alright Breakfast Club Diner, and Directly next door to the New Blackbirds Tavern! Be part of the Revitalization excitement! Exterior Features: Newer Roof, Newer Kohler standby generator, Freshly Painted Home and Barn/Garage 2025. Huge Lot, Large Yard with Perennials, Historic Carriage house with/ Workshop/Loft/2 Garage bays w/Electric openers, Small Shed, Large Parking area, Large Front Porch and Large side Porch w/ first floor access. interior Features 1st floor: 80% vinyl replacement windows, HW flooring, Carpeting 2 Bedrooms, 1 Bathroom w/tub, Living room, Parlor, Bonus Room, Kitchen. Interior Features 2nd floor: NEW Refrigerator, HW Flooring, Carpeting, Vinyl Plank, 2 Bedrooms, 1 Bathroom, Living room, Bonus room, Kitchen. Has full Walk-up attic, Full Walk-out Basement.According to Seller the Address is 38-40 Voorheesville ave due to the Barn having its own Deed.

4 Beds ⋅ 2 Baths ⋅ 202614665 MLS

Welcome to the Heart of Voorheesville! This Duplex property is Located Directly across the street from the Pretty Alright Breakfast Club Diner, and Directly next door to the New Blackbirds Tavern! Be part of the Revitalization excitement! Exterior Features: Newer Roof, Newer Kohler standby generator, Freshly Painted Home and Barn/Garage 2025. Huge Lot, Large Yard with Perennials, Historic Carriage house with/ Workshop/Loft/2 Garage bays w/Electric openers, Small Shed, Large Parking area, Large Front Porch and Large side Porch w/ first floor access. interior Features 1st floor: 80% vinyl replacement windows, HW flooring, Carpeting 2 Bedrooms, 1 Bathroom w/tub, Living room, Parlor, Bonus Room, Kitchen. Interior Features 2nd floor: NEW Refrigerator, HW Flooring, Carpeting, Vinyl Plank, 2 Bedrooms, 1 Bathroom, Living room, Bonus room, Kitchen. Has full Walk-up attic, Full Walk-out Basement.According to Seller the Address is 38-40 Voorheesville ave due to the Barn having its own Deed.

40 Voorheesville Avenue

$739,900

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.

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

$189,000

Great Investment Opportunity! This 4 bedroom, 2 bath is centric and perfectly located in a quiet street near to malls, stores and more. This well maintained, already rented and producing income property is a ideal investment to add to your portfolio, or to occupy one unit while living in another. Schedule a showing now!

4 Beds ⋅ 2 Baths ⋅ 202614449 MLS

Great Investment Opportunity! This 4 bedroom, 2 bath is centric and perfectly located in a quiet street near to malls, stores and more. This well maintained, already rented and producing income property is a ideal investment to add to your portfolio, or to occupy one unit while living in another. Schedule a showing now!

796 Livingston Avenue

$435,000

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.

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

$234,900

Fully occupied duplex in Cohoes with updates throughout the property. Long term first floor tenant in place. Each unit features 2 bedrooms and 1 bath. Hardwood floors were just installed in unit 2. This could make a great owner occupant property or a solid addition to your investment portfolio

4 Beds ⋅ 2 Baths ⋅ 202614171 MLS

Fully occupied duplex in Cohoes with updates throughout the property. Long term first floor tenant in place. Each unit features 2 bedrooms and 1 bath. Hardwood floors were just installed in unit 2. This could make a great owner occupant property or a solid addition to your investment portfolio

46 Congress Street

$774,900

Fully renovated 8-unit income-producing apartment building located in Albany's Historic Ten Broeck Triangle with all separate utilities! Each unit has its own Navien high efficiency on-demand hot water tank. Gorgeous original details, crown moldings, full floor mirrors, hardwood floors, soaring ceilings & MORE! Building consists of 7 1 bedroom/ 1 bath and 1 studio apartments. Solid surface countertops, wood cabinets, & marble fireplaces. Don't miss out on this incredible opportunity to add this turnkey, low maintenance asset to your portfolio!

8 Beds ⋅ 8 Baths ⋅ 202614058 MLS

Fully renovated 8-unit income-producing apartment building located in Albany's Historic Ten Broeck Triangle with all separate utilities! Each unit has its own Navien high efficiency on-demand hot water tank. Gorgeous original details, crown moldings, full floor mirrors, hardwood floors, soaring ceilings & MORE! Building consists of 7 1 bedroom/ 1 bath and 1 studio apartments. Solid surface countertops, wood cabinets, & marble fireplaces. Don't miss out on this incredible opportunity to add this turnkey, low maintenance asset to your portfolio!

81 Ten Broeck Street

$499,900

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

9 Beds ⋅ 7 Baths ⋅ 202613988 MLS

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

865 Madison Avenue

$269,900

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.

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

$319,999

HOUSE HACK OPPORTUNITY - LIVE FOR FREE IN COHOES - Sold ''As Is'' Fully renovated duplex with immediate cash flow. Unit 1 is vacant and ready for owner-occupant. Unit 2 currently rented at $1,700/month -- tenant covers majority of your mortgage from day one. 6 bedrooms, 2 full baths, 2,116 sq ft Both units completely updated with modern finishes Recent basement waterproofing - new sump pump installed April 2026 Low taxes: $3,785/year Strong rental history INVESTOR MATH: 3.5% down FHA (~$11,900) Monthly mortgage: ~$2,663 PITI Tenant pays: $1,700/month Your cost to live there: ~$963/month Perfect house hack opportunity - tenant covers 64% of your housing cost while you build equity. This is one of the strongest house hack opportunities in the Capital Region. Perfect for first-time investors, owner-occupants looking to offset housing costs, or buy-and-hold portfolios.

6 Beds ⋅ 2 Baths ⋅ 202613396 MLS

HOUSE HACK OPPORTUNITY - LIVE FOR FREE IN COHOES - Sold ''As Is'' Fully renovated duplex with immediate cash flow. Unit 1 is vacant and ready for owner-occupant. Unit 2 currently rented at $1,700/month -- tenant covers majority of your mortgage from day one. 6 bedrooms, 2 full baths, 2,116 sq ft Both units completely updated with modern finishes Recent basement waterproofing - new sump pump installed April 2026 Low taxes: $3,785/year Strong rental history INVESTOR MATH: 3.5% down FHA (~$11,900) Monthly mortgage: ~$2,663 PITI Tenant pays: $1,700/month Your cost to live there: ~$963/month Perfect house hack opportunity - tenant covers 64% of your housing cost while you build equity. This is one of the strongest house hack opportunities in the Capital Region. Perfect for first-time investors, owner-occupants looking to offset housing costs, or buy-and-hold portfolios.

5 Short Street

$248,900

Investor Opportunity or owner-occupant Dream! Don't miss this income-generating duplex on Elk Street in one of Albany's most convenient locations. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income, this property offers flexibility and strong potential. Key Highlights: 2nd Unit- Updated bathrooms, kitchen, flooring and new painting last year. Basement- new floor tiles and new paint. High rental demand area. Located just minutes from University at Albany, SUNY, Albany Medical Center, shopping and restaurants.

6 Beds ⋅ 3 Baths ⋅ 202613321 MLS

Investor Opportunity or owner-occupant Dream! Don't miss this income-generating duplex on Elk Street in one of Albany's most convenient locations. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income, this property offers flexibility and strong potential. Key Highlights: 2nd Unit- Updated bathrooms, kitchen, flooring and new painting last year. Basement- new floor tiles and new paint. High rental demand area. Located just minutes from University at Albany, SUNY, Albany Medical Center, shopping and restaurants.

408 Elk Street

$275,000

Two parcels totaling 11.48 acres offer endless possibilities with this unique property just minutes from the Village of Altamont. The updated single-family home features 4 bedrooms, 1 bath, beautiful hardwood floors, and a charming brick fireplace. A gutted two-family residence provides a clean slate for renovation and additional income potential, while multiple outbuildings create opportunities for farming, storage, or livestock. A private pond enhances the scenic countryside setting. With strong value-add potential and multiple avenues for return, this property is ideal for both investors and those seeking a versatile country retreat.

4 Beds ⋅ 1 Baths ⋅ 202613208 MLS

Two parcels totaling 11.48 acres offer endless possibilities with this unique property just minutes from the Village of Altamont. The updated single-family home features 4 bedrooms, 1 bath, beautiful hardwood floors, and a charming brick fireplace. A gutted two-family residence provides a clean slate for renovation and additional income potential, while multiple outbuildings create opportunities for farming, storage, or livestock. A private pond enhances the scenic countryside setting. With strong value-add potential and multiple avenues for return, this property is ideal for both investors and those seeking a versatile country retreat.

2 Harold Drive

$274,900

Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

5 Beds ⋅ 2 Baths ⋅ 202613146 MLS

Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

511 Morris Street

$599,000

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.

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

$289,000

Maintained triplex conveniently located from state & legislative gov't institutes, Albany Medical Center & St. Peter's hospitals, Washington Park, SUNY campus, popular eateries, galleries, coffee shops, nightlife & many more favored city attractions. Original details still adorned throughout such as high ceilings, oversized windows, decorative wood moldings, exposed brick, etc. Spacious units. Outdoor space perfect for entertaining during the warmer season.

2 Beds ⋅ 3 Baths ⋅ 202612684 MLS

Maintained triplex conveniently located from state & legislative gov't institutes, Albany Medical Center & St. Peter's hospitals, Washington Park, SUNY campus, popular eateries, galleries, coffee shops, nightlife & many more favored city attractions. Original details still adorned throughout such as high ceilings, oversized windows, decorative wood moldings, exposed brick, etc. Spacious units. Outdoor space perfect for entertaining during the warmer season.

397 Washington Avenue

$437,000

Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.

8 Beds ⋅ 2 Baths ⋅ 202612518 MLS

Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.

884-886 Lancaster Street

$199,999

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.

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

$149,999

Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!

6 Beds ⋅ 2 Baths ⋅ 202611678 MLS

Located in the heart of Albany, this solid 2 family is perfect for new investors or someone looking to add to their portfolio. Each spacious unit has 3 bedrooms and 1 full bath and offers many opportunities for updates. Don't miss the chance to make this investment yours and increase it's value!

281 Sherman Street

$1,800,000

Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.

24 Beds ⋅ 13 Baths ⋅ 202611652 MLS

Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.

811 Madison Avenue