Refine Search
Sort by
341-345 Clinton Avenue, Albany
$715,000
8 Beds ⋅ 9 Baths ⋅ 202623775 MLS
Three tax lot offering of two townhouses with two units each and one mixed-use townhouse with ground floor commercial space and two units above. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 3-bed/2-bath unit, and one 4-bed/2-bath unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday or Tuesday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.64-4-37, 65.64-4-38, & 65.64-4-39.

341-345 Clinton Avenue, Albany

282 Lark Street, Albany
$359,900
4 Beds ⋅ 3 Baths ⋅ 202622886 MLS
In the heart of Albany's vibrant Center Square neighborhood, this well maintained historic duplex offers timeless character, flexible living space, and an exceptional location. High ceilings, hardwood floors, original architectural details, and decorative fireplaces create warmth and personality throughout. The first unit spans two levels and features an open, spacious layout, 1.5 baths, in unit laundry, and an updated kitchen with stainless steel appliances. Both units enjoy access to a private, fenced backyard a peaceful retreat in the middle of the city. Just moments from Washington Park, Empire State Plaza, restaurants, cafés, entertainment, and the many conveniences of Lark Street. Whether you are looking to owner occupy while generating rental income, expand your investment portfolio, or enjoy the flexibility of a two family property, 282 Lark Street is a rare opportunity to own a piece of Albany's history.

282 Lark Street, Albany

162-170 Jefferson Street, Albany
$2,300,000
10 Beds ⋅ 11 Baths ⋅ 202622723 MLS
(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street, Albany

97 3rd Avenue, Albany
$250,000
5 Beds ⋅ 3 Baths ⋅ 202622293 MLS
Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income. The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities. With its established rental history, well-maintained condition, and desirable two-family configuration, 97 Third Avenue is worth a closer look. An opportunity to own income-producing real estate in the Capital Region!

97 3rd Avenue, Albany

25 Lancaster Street, Cohoes
$229,900
5 Beds ⋅ 2 Baths ⋅ 202622280 MLS
Looking for a nicely updated two-family that's vacant and ready to owner-occupy or add tenants immediately? Welcome to 25 Lancaster St, Cohoes! This move-in ready property is a great opportunity for first-time investors or anyone looking to house hack. With numerous updates, including a new roof and siding, much of the heavy lifting has already been done. The first-floor unit offers 2 bedrooms and 1 full bath, while the second-floor unit features 3 bedrooms and 1 full bath. Each unit has its own private deck overlooking the backyard, giving both owners and tenants their own outdoor space. Whether you're looking to live in one unit and rent the other or add a turnkey property to your portfolio, this is one you won't want to miss

25 Lancaster Street, Cohoes

1 Loralee Drive, Colonie
$448,900
5 Beds ⋅ 3 Baths ⋅ 202622149 MLS
FULLY RENTED 3-FAMILY | $48,600 ANNUAL GROSS INCOME INVESTORS, TAKE NOTICE! Exceptional opportunity to own an established, income-producing three-family property in the desirable Village of Colonie and South Colonie School District! All three apartments are currently rented, generating $4,050 monthly — $48,600 annually in gross rental income! Adding to the property's investment appeal is an 18-year long-term tenant who contributes 50% toward the property's gas heating bill, helping offset an important operating expense. Owner financing may be considered for a qualified buyer with 50% down. Offering approximately 2,395 square feet, this property features three distinct apartments with a total of five bedrooms and three full bathrooms. Unit 1: First-floor two-bedroom apartment occupied by a reliable, long-term tenant of 18 years, featuring washer/dryer hookups. Unit 2: One-bedroom apartment featuring newer appliances, a versatile bonus room ideal for a home office, walk in closet or flexible living space, and a stackable washer and dryer. Unit 3: Two-bedroom upper apartment recently refreshed with new kitchen cabinetry, range hood, updated lighting, and attractive vinyl plank flooring. Situated on a generous 0.30-acre corner lot, the property offers paved off-street parking for up to eight vehicles — an excellent convenience for a multi-family investment. Centrally located near shopping, restaurants, Albany International Airport, hospitals, major highways, and local amenities. Property pre-inspection documentation and current rental information available for buyer review. Whether expanding your investment portfolio or purchasing your first income property, 1 Loralee Drive offers established rental income, a long-term tenancy, recent improvements, and a convenient location. Schedule your private showing today!

1 Loralee Drive, Colonie

55 Ten Broeck Street, Albany
$549,000
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

114 Spring Street, Albany
$325,000
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

2187 Central Avenue, Colonie
$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

339 Hamilton Street, Albany
$399,500
4 Beds ⋅ 3 Baths ⋅ 202621173 MLS
Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character. The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living. The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included. Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods. Property is sold as is due the significant price reduction. Property is in excellent condition!!!

339 Hamilton Street, Albany

354 Second Avenue, Albany
$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

233 S Swan Street, Albany
$269,900
4 Beds ⋅ 2 Baths ⋅ 202620639 MLS
This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street, Albany

117 4th Avenue, Albany
$445,900
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

587 Washington Avenue, Albany
$315,000
6 Beds ⋅ 2 Baths ⋅ 202619937 MLS
Sunlight and beautiful hardwood floors highlight this ideally located, recently updated Albany duplex! Each spacious unit offers 3 bedrooms and 1 full bath, with separate tenant-paid utilities. Unit 1 is leased at $1,600 per month, providing immediate rental income, while beautifully updated Unit 2 is vacant and ready for an owner-occupant or new tenant, with estimated rental potential of $1,700 per month. Together, the units offer projected annual gross rental income of $39,600. A brand-new sewer line extending to the city connection represents a significant investment already made by the seller. Public water and sewer, off-street parking, and convenient access to downtown Albany, colleges, hospitals, shopping, dining, and major commuter routes add to the appeal. An excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income!

587 Washington Avenue, Albany

72 Bassett Street, Albany
$225,000
3 Beds ⋅ 3 Baths ⋅ 202619875 MLS
Three-Unit Investment | Albany's South End Exceptional opportunity for investors or owner-occupants in Albany's growing South End. This updated three-unit property sits minutes from Downtown Albany, Empire State Plaza, the Albany Waterfront, and major highway access. Unit Mix: 1st and 2nd floor units are vacant -- move in or rent immediately. Basement unit is tenant-occupied with active cash flow. Recent updates throughout all three floors. Location: Positioned in one of Albany's most actively developing corridors, with new construction, infrastructure improvements, and community reinvestment underway. Walkable to shops, restaurants, parks, public transit, and government offices. The Opportunity: Immediate income, flexible occupancy options, and long-term upside in a high-demand rental market. A strong addition to any portfolio.

72 Bassett Street, Albany

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

How much is your home worth?

Get instant property value now!