Albany County, NY Real Estate | Albany County, NY 4 Bathroom Homes for Sale

3 Beds ⋅ 4 Baths ⋅ 202622616 MLS

1912 Thompsons Lake Road is now available in Altamont, offering a move-in-ready 3-bedroom home set on approximately 7 picturesque acres. This versatile property features a barn, fenced paddocks, and open acreage, making it well suited for horses, hobby farming, gardening, recreation, or simply enjoying additional outdoor space. The home offers bright and inviting living areas, a spacious finished basement for added flexibility, and a solar-panel system that may help reduce utility expenses. Enjoy peaceful countryside views, open skies, privacy, and beautiful sunsets while remaining conveniently located near Albany, Guilderland, shopping, dining, schools, and John Boyd Thacher State Park. Properties combining acreage, equestrian features, privacy, and convenient access to the Capital Region are rarely available. Schedule your private showing today.

1912 Thompsons Lake Road

$548,900

4 Beds ⋅ 4 Baths ⋅ 202622486 MLS

Welcome to this exceptional 2023-built home in the highly desirable Meadowdale Estates community, located in the award-winning North Colonie School District. Offering approximately 2,145 square feet of beautifully designed living space, this 4-bedroom, 3.5-bath residence combines modern style, quality upgrades, and everyday functionality. The open-concept main level features abundant recessed lighting, creating a bright and inviting atmosphere. The stunning kitchen serves as the heart of the home, showcasing premium quartz countertops, an impressive 6-foot center island, 42-inch upgraded cabinetry, spacious pantry, and GE Profile stainless steel appliances. Designed for both everyday living and entertaining, the kitchen offers exceptional storage and workspace. Beautiful oak tread stairs add a touch of timeless elegance and craftsmanship to the home's interior. Thoughtfully designed for comfort and convenience, each bedroom features generous closet space, while all bathrooms offer spacious layouts with dedicated linen closets for added storage. Additional highlights include premium blinds throughout, first-floor laundry, Pella ENERGY STAR® windows, energy-efficient construction, and a two-car attached garage. The fully fenced backyard provides privacy and the perfect setting for outdoor relaxation or entertaining. Ideally located in the heart of Latham, this home offers convenient access to shopping, dining, parks, and major commuter routes including I-87 and Route 7, with Albany International Airport, The Crossings of Colonie, and nearby retail destinations just minutes away. This move-in-ready home offers the perfect blend of modern comfort, thoughtful upgrades, and low-maintenance living in one of Latham's most desirable communities. Whether you're searching for your forever home or a smart investment opportunity, this exceptional property delivers premium finishes, functional design, and lasting value. Agent is the owner of the property

63 Hillard Lane

$324,900

4 Beds ⋅ 4 Baths ⋅ 202622461 MLS

A rare opportunity in Sheridan Hollow neighborhood on Lark Street, this award-winning historic residence is the proud recipient of the Historic Albany Foundation's Preservation Merit Award. Meticulously renovated and tastefully updated within the past five years, this turnkey property seamlessly blends timeless architectural character with today's modern comforts. Extensive improvements include updated roof, electrical, plumbing, and mechanical systems, offering peace of mind for years to come. The owner's residence welcomes you with a bright and inviting living room featuring beautifully refinished hardwood floors, a gracious center dining room highlighted by a handsome traditional staircase, and a stunning gourmet kitchen complete with a center island, granite countertops, stainless steel appliances, and an atrium door leading to a private balcony with stairs to a fully fenced crushed-stone courtyard--an ideal outdoor retreat. A convenient powder room with a window completes the main level. Upstairs, the spacious primary suite features a charming bay window and a private en-suite bath. Two additional rear bedrooms, a well-appointed hall bath, and a conveniently located laundry alcove complete the second floor. The garden level offers an excellent income-producing opportunity or guest accommodations with a separate apartment featuring a combined kitchen and sitting area, rear bedroom with direct access to the private courtyard, and a full bath. Estimated rental income is $900+ per month. Additional features include a sub-basement beneath the front portion of the building with crawl space. Situated on a corner lot, the home enjoys exceptional natural light throughout. Just steps from the restaurants, cafés, shops, parks, entertainment, and cultural attractions that make Lark St. one of Albany's most vibrant neighborhoods, this exceptional property is truly move-in ready and offers the perfect combination of historic charm, modern updates, and investment potential.

164 Lark Street

$725,000

3 Beds ⋅ 4 Baths ⋅ 202622313 MLS

OPEN HOUSE: July 25th, 1130A - 130P Originally constructed as a historic carriage house, 2 Spring Street has been completely reimagined as a distinctive modern residence on a rare double lot in Center Square, Albany. The thoughtfully designed home offers 3 bedrooms, including 2 en-suite, 3.5 bathrooms, and a flexible den/home office, with one bedroom opening to a charming Juliet balcony. Hardwood floors extend throughout the first floor, Marvin Ultimate windows provide abundant natural light, and generous closets and exceptional storage space add everyday functionality throughout the home. At the heart of the residence is a chef's kitchen featuring an oversized island, extensive cabinetry, generous counter space, and a complete appliance package including a washer and dryer. Year-round comfort is provided by a Samsung ducted heat-pump system for heating and cooling, complemented by major improvements including a new roof and a building envelope insulated with closed-cell spray foam. The exterior is equally impressive, with a gated paver driveway providing parking for at least two vehicles, an EV charger, hot tub, custom-built cedar shed, paver patio, and newly installed lawn. The property is prewired for exterior security cameras. Blending the character of a historic carriage house with modern systems, thoughtful design, private parking, and exceptional outdoor space, 2 Spring Street offers a rare opportunity to enjoy distinctive Albany living on a double lot.

2 Spring Street

$589,000

5 Beds ⋅ 4 Baths ⋅ 202622175 MLS

***OPEN SUN, JULY 26th 11AM-1PM*** Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex decking, roof access & more. Easily accessible to Washington Park, Albany Medical Center/St. Peter's Hospital, SUNY Albany, Lark St, downtown state & legislative entities, coffee shops, galleries, nightlife & so many more desirable downtown attractions. Original details still adorned throughout such as high ceilings, oversized windows, tile, fireplaces, stained glass, built ins, woodwork, etc. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of Center Square.

142 Chestnut Street

$799,000

4 Beds ⋅ 4 Baths ⋅ 202621688 MLS

Rare find in size design and location. Situated in Menands just minutes from major highs making commuting easy. North Colonie school fro 9-12. This house was designed for entertaining and hosting large gatherings, perfect for large or extended family living. Enjoy the indoor pool year rd with patio area, huge master suite with two walk in closets. Being sold as is. Agent is the owner.

183 Van Rensselaer Boulevard

$649,900

6 Beds ⋅ 4 Baths ⋅ 202621594 MLS

Located in Voorheesville, this 6 bed, 3.5 bath home features an in-law suite, updated tile, hardwood, and carpet floors, plus a kitchen with marble countertops and stainless steel appliances. Relax by 2 cozy fireplaces or head outside to an entertainment oasis with an in-ground pool, hot tub, gazebo, inside/outside bar, and a studio-style pool house. Complete with an updated roof (2024), updated windows, a massive 3- car garage, siding, and an unfinished basement for plenty of storage. Assignment Listing.

720 New Salem Road

$500,000

4 Beds ⋅ 4 Baths ⋅ 202621338 MLS

Thoughtfully updated throughout since 2017, this 4 bedroom, 3.5 bath home offers over 3,000 square feet of finished living space in the Bethlehem School District, just minutes from Hamagrael Elementary, Kenholm Pool, Elm Avenue Park, and Delmar's Four Corners. A wide front porch welcomes you inside to an expansive living room that flows into a formal dining area and beautifully remodeled kitchen featuring exposed beams, butcher block island seating, new cabinetry, and countertops. The shiplap fireplace anchors the family room, while sliding glass doors lead to the backyard deck. A fully renovated half bath completes the first floor. Upstairs you'll find four bedrooms, including a spacious primary suite with an updated bath, along with a second full bath and conveniently relocated laundry room. The finished walkout basement offers exceptional flexibility with two large open living areas, a bedroom-sized bonus room, an oversized full bath, and direct access to the backyard. Complete with a two-car garage, natural gas forced air heat, central air, and public water and sewer. Easy to schedule, inquire today!

29 Fairway Avenue

$1,100,000

4 Beds ⋅ 4 Baths ⋅ 202621038 MLS

Rare opportunity to build a custom home in the highly sought-after North Colonie School District on a premium 1.9-acre homesite ideally located just across from the north entrance of Dutch Meadows. This exceptional setting offers the perfect blend of privacy, space, and convenience--just minutes to everyday amenities, major highways, and the heart of the Capital Region. Partner with award-winning CGM Construction to design and build a fully customized home tailored to your lifestyle. The proposed layout features a modern open-concept design with a vaulted great room, first-floor primary suite, dedicated home office, and a functional mudroom and pantry connection off the garage--designed for how today's buyers want to live. The second level offers additional flexibility with spacious bedrooms, a loft/second living area, and optional expansion opportunities. New construction opportunities of this caliber--combining location, land, school district, and a premier builder--are extremely limited in today's market. Build your dream home in one of the Capital Region's most desirable locations.

17 Schermerhorn Road

$679,900

4 Beds ⋅ 4 Baths ⋅ 202620221 MLS

Opportunity awaits as this gorgeous recently renovated 3-4 bedroom 2 full 2 partial bath Delmar home situated on an estate like setting with a desirable first floor primary bedroom suite hits the market! This home has an open floor plan and is filled with charm and character throughout! Features include a breathtaking sun filled huge family room with towering vaulted ceiling with skylights and dramatic fireplace! The large eat in gourmet kitchen boasts a large island, quartz countertops, pull-out cabinets and brand new stainless steel double wall oven! The first floor primary bedroom suite features a sharp newly renovated primary bath with double vanity, stand up ceramic shower and soaking tub! There's also a huge walk in closet in the primary! Spacious classy dining room with vaulted ceiling and skylights, living room with an abundance of windows, first floor laundry room with sink, large entry, sharp second floor remodeled bathroom, loft with office area, newly refinished beautiful gleaming hardwood floors, central air! Large basement with two finished bonus rooms and bathroom! Two car oversized garage! Impressive grounds on nearly acre lot with circular driveway! Lots of recent upgrades and improvements here. This is an absolute must see with Bethlehem schools!

758 Feura Bush Road

$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

$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

$655,000

5 Beds ⋅ 4 Baths ⋅ 202619138 MLS

Meticulously maintained and thoughtfully updated by the original owner, this home showcases pride of ownership throughout! This impressive 5-bedroom, 3.5-bath Colonial is situated on a quiet cul-de-sac in a sought after centrally located neighborhood minutes to shopping, dining, airport and major highways. Over 3200 SF of living space with timeless quality updates throughout: Pella & Anderson Windows, gleaming hardwood floors throughout, extensive crown molding throughout the first floor, and classic finishes designed to stand the test of time. The beautifully updated kitchen features quartz countertops, custom cabinetry, tile backsplash, bamboo floors, SS Appliances and quality finishes, bathrooms have been tastefully renovated with quartz surfaces & ceramic tile. The spacious floor plan provides room for everyone including the finished walkout basement offers excellent in-law or extended family potential, while outside you'll enjoy your own private backyard retreat featuring an inground heated pool, covered porch and deck overlooking the pool with breathtaking sunset views.

19 Debbie Marie Court

$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

$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

$779,000

6 Beds ⋅ 4 Baths ⋅ 202618393 MLS

Sprawling brick ranch offering over 6,000 SF of living space on a double lot 1.4 acres with incredible in-law or extended family potential! The main level offers a spacious rooms throughout with grand tile entry, a sunken living room, first-floor laundry/food prep area, breakfast room, sunroom, and generously sized bedrooms with a Jack & Jill bath. The spacious family room with gas fireplace and walk-in bar closet could easily serve as another bedroom, office, or guest suite. The finished walk-out lower level is flooded with natural light from huge windows and features 3 oversized bedrooms, Game Room/Den, Full Bathroom with Double Sinks making it ideal for multi-generational living, guests, or flexible living space. Over 40 trees have been removed, lot regrading and reseeding with Kentucky bluegrass, new gas cooktop, oversized garage door to accommodate larger vehicles or trucks, plus new basement entry door and tile entryway. Enjoy a private backyard setting with room to relax, entertain, and take in the peaceful surrounding & ''Little Lake'' views. A unique opportunity offering space, flexibility, and endless possibilities in a picturesque setting.

15 N Sage Hill Lane

$849,000

4 Beds ⋅ 4 Baths ⋅ 202618305 MLS

NEW Price & Open Sun. 7/12, 12-1:30PM. Executive Custom Home Adjacent to Wolfert's Roost Country Club. A rare opportunity to own this residence on 1.5 private acres bordering the prestigious Wolfert's Roost Country Club & Golf Course. Surrounded by mature trees, landscaped grounds, and a charming gazebo, this property offers a serene estate-like setting just minutes from Albany. ALL BRAND NEW SECOND FLOOR (was not finished), adding 1,200 square feet. Exceptional Garage & Workshop. A standout feature of this home is the 6-8 car garage -- ideal for collectors, hobbyists, or professionals. Includes a mechanic's car lift, making this a dream set up for automotive enthusiasts. (24.7 ' x 40.8') First-Floor Living at Its Best! The main level is designed for comfort, convenience, and flow: Primary Suite with full private bath, 2 large bedroom with attached bonus room (nursery, office, or flex space). Laundry conveniently located in the bedroom closet. Two full baths + one half bath on this level, high-end kitchen with granite countertops, open to the family room, family room with doors leading to the back deck, combined living room + formal dining room for elegant entertaining. Spacious Second Floor The upper level offers flexibility for guests, extended family, or creative use: Two generous bedrooms, charming dormer alcoves perfect for reading, play areas, or study nooks, oversized full bathroom & Endless potential for multi-generational living, home offices, or recreation space. Updates & Features: All new hardwood floors throughout, updated flooring, granite, vanities, and fresh paint. Full, dry, unfinished basement ready for storage or future finishing. Key Highlights/Feature Details: The ramp from garage directly into the house for handicap access.

186 Van Rensselaer Boulevard

$299,900

2 Beds ⋅ 4 Baths ⋅ 202618120 MLS

Beautiful end unit condo offering over 1,600 sq ft of living space plus an additional 800 sq ft in the finished walkout basement. Spacious layout with each bedroom featuring its own full bath and walk in closet, along with convenient second floor laundry. The main level offers an open concept design that flows to a private deck overlooking peaceful wooded surroundings. The finished walkout basement includes another full bath and provides the perfect space for guests, a home office, gym, media room, or additional living area. HOA covers lawn care, snow removal, and exterior maintenance for easy low maintenance living. New roof installed on the building in 2025. Conveniently located in a quiet Cohoes setting just minutes to Latham, Troy, shopping, restaurants, and Saratoga.

501 Avalon Place

$1,499,900

4 Beds ⋅ 4 Baths ⋅ 202618087 MLS

Welcome to an exceptional equestrian estate set on 7 picturesque acres, thoughtfully designed for both horse & rider. This unique property offers outstanding facilities, including a beautifully maintained 8-stall barn featuring fans in each stall & 2 heated stalls, a heated tack room, & oversized wash area. An impressive indoor riding arena w: a new roof in 2024, regulation dressage dimensions, 8-foot interior walls & premium GGT fiber footings for superior performance-- providing year-round comfort, functionality, & training capability. The property features generous pastures & turnout areas w a new all steel Buckley fence w concrete posts along w exceptional riding & training facilities. Additionally, the property is equipped w a commercial-grade generator & a comprehensive camera system throughout the estate, providing added peace of mind along with reliable safety & security for both horses & property year-round. The home itself has been extensively updated w countless improvements throughout the interior & exterior, including all new architectural grade windows w hidden screens, a completely gutted & beautifully redesigned kitchen featuring an iconic AGA stove & Sub-zero refrigerator, new lighting throughout, custom built fireplace and hearth, updated bathrooms & freshly painted interior & exterior spaces. A stunning rear heated porch w blue stone patio addition creates the perfect setting for entertaining or relaxing while overlooking the property, complete with a WiFi-controlled Lutron lighting system for modern convenience & ambiance. For anyone seeking a private horse property w premium features. Whether you are riding competitively or simply embracing the equestrian lifestyle, this estate combines practicality, comfort, & versatility in a truly special setting. A rare opportunity to own a turnkey horse property w exceptional infrastructure, scenic surroundings, & endless potential for both personal enjoyment & professional use

145 Bullock Road

$675,000

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

$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

$499,000

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

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

$410,000

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

$739,900

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

$399,000

4 Beds ⋅ 4 Baths ⋅ 202614257 MLS

Rare opportunity to own a fully occupied 4 unit income producing property. This solid brick building offers durability and low maintenance, with numerous updates completed throughout the units. Each apartment features 1 bedroom and 1 bath, making them easy to rent and manage. Off street parking is available along with additional street parking for tenants and guests. Conveniently located close to shopping, restaurants, and major routes, this property is ideal for both investors and owner occupants looking to offset their mortgage with rental income. Whether you are adding to your portfolio or looking for a smart owner occupy opportunity, this well maintained four unit is worth a look.

94 Howard Street

$435,000

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

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