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$624,900
10 Beds 10 Baths 202625152 MLS
This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue

$309,000
5 Beds 3 Baths 202625092 MLS
Calling all investors and owner-occupants! Welcome to 80 Hudson Ave, a multifamily property located in the heart of Green Island, NY, offering a great opportunity to add to your portfolio or live in one unit while generating rental income from the others. Investors take notice-- this property offers an exciting opportunity to build your investment portfolio and generate cash flow. The 1st-floor apartment features 2 bedrooms, an updated full bath, living room, formal dining room, kitchen and dedicated laundry room, currently rented for $1,300/month. The 2nd-floor unit, currently rented for $1,400/month, offers 2 bedrooms, 1 full bath, wide-plank wood floors, abundant natural light and washer/dryer hookups on the back porch. Step outside to a spacious deck overlooking the fenced backyard. The 3rd unit is set up for owner occupy. An additional unfinished room on the 1st floor is separate from the apartment and offers great potential for future storage, a home office or additional usable space. Location is key! Conveniently situated in Green Island with easy access to Downtown Troy, Albany, major highways, shopping, dining and everyday conveniences. Property is being sold as-is. Whether you're looking for your next investment property or an owner-occupied multifamily, 80 Hudson Ave offers income potential, flexibility and opportunity!

80 Hudson Avenue

$449,900
4 Beds 2 Baths 202624922 MLS
Great investment or owner-occupancy opportunity in desirable Colonie location! This well-maintained duplex offers a great combination of location and income potential. Each unit features 2 bedrooms, 1 full bath, kitchen, and living room, all conveniently situated on one level, with hardwood floors. Newer Pella vinyl replacement windows and a BRAND-NEW roof w/ warranty. Separate utilities for each unit, a clean asphalt driveway extending to the rear of the home, and asphalt walking paths along the side. Additional off-street parking is available in front with a convenient paved parking area. A standout feature is the large 2-car garage, offering an excellent opportunity for additional rental income--a rare feature in Colonie. Both units are currently rented at below market rents, providing a significant opportunity for a new owner to increase rental income and maximize the property's potential. Conveniently located with easy access to major highways, shopping, restaurants, and everyday amenities. Whether looking to add to your investment portfolio or owner-occupy while generating rental income, this property offers strong potential.

54 McNutt Avenue

$324,900
4 Beds 2 Baths 202624911 MLS
Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!

473 Washington Avenue

$499,000
4 Beds 3 Baths 202624856 MLS
Unique & charming opportunity awaits to own this two-story duplex four-bay-wide 1850's brick row house with double porches of wooden lattice work. Walkable to the Lark St corridor, Washington Park, Albany Medical Center, downtown state & legislative buildings, Albany Law, SUNY, coffee shops, brewery's, galleries, boutiques, shopping, nightlife, restaurants & so much more. Rare very spacious 1,300 + SQFT units which have been recently remodeled. All plumbing & electrical replaced in 2009. On-site laundry room and fenced in yard. Currently a strong producing income property with the potential for more along with separate utilities make for an attractive investment in the heart of the Center Square/Hudson Park neighborhood. Some photos contain virtual staging

347 Hudson Avenue

$529,000
4 Beds 4 Baths 202624599 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street

$539,000
4 Beds 4 Baths 202624598 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including soaring cathedral ceilings, original fireplaces, crown molding, mantels, hardwood floors throughout, stained glass windows and much more, highlighting the home's historic character. The property offers separate utilities for added ease. Conveniently located in the Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

221 Lancaster Street

$369,900
7 Beds 5 Baths 202624358 MLS
Located in Albany's historic Ten Broeck Triangle, this distinctive three-unit property offers a rare opportunity to own and restore a piece of Albany's architectural history, while creating the potential for rental income to help offset the cost of homeownership. Featuring seven bedrooms and five baths, the home offers exceptional flexibility for an owner-occupant or investor. The expansive two-level upper unit features a spacious primary bedroom with remarkable views of the Albany skyline, including the Empire State Plaza and The Egg. A detached two-story carriage house/garage provides valuable off-street parking and additional potential, including possible future accessory dwelling use, subject to zoning and municipal approvals. A unique opportunity combining history, income potential, impressive views, generous space, and an exceptional location.

28 1st Street

$1,499,900
10 Beds 10 Baths 202624326 MLS
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue

$349,900
5 Beds 2 Baths 202624306 MLS
ATTENTION INVESTORS, INCOME PRODUCING, WELL MAINTAINED 5-bedroom, 2 Bath with 2800+ Sq ft. Sec 8 tenants paying market rents Open House Sunday (12-2pm) 8/23/2026 Both units feature their own living room, dining room, and enclosed front porch, while the 2nd fl includes an alcove, spacious primary bedroom with a walk-in closet. The home has been freshly painted and features new flooring throughout. The first floor provides a potential 4th bedroom or bonus room while still maintaining separate living and dining spaces. A clean, dry basement with washer/dryer hookups adds convenience and more storage and the backyard is also fenced in. This is a great opportunity for an investor looking for an established rental that's already generating income. Add it to your portfolio and start collecting from day one--schedule your showing today!

1 N Manning Boulevard

$599,000
6 Beds 4 Baths 202623879 MLS
Welcome to 1 Dowling Rd, a fantastic two-family property situated on a desirable, tree-lined street in Colonie and located within the South Colonie School District. Set on a spacious corner lot, this property offers a large back and side yard, providing plenty of outdoor space. Each unit features three bedrooms, 1.5 bathrooms, spacious living rooms, and large eat-in kitchens, offering comfortable and functional living spaces. Both units also include recreational space in the basement with egress, providing valuable additional space. Enclosed front porch areas add extra versatility and charm, while expanded driveways for each side offer ample off-street parking. Whether you're an investor seeking a solid income-producing opportunity, looking for a multigenerational living arrangement, or a first-time homebuyer interested in building equity while offsetting expenses, this property offers tremendous potential. Conveniently located near shopping, dining, major roadways, and everyday amenities, 1 Dowling Rd is a property worth exploring.

1 Dowling Road

$715,000
11 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 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

$650,000
13 Beds 8 Baths 202623770 MLS
Well maintained 6-unit apartment building in the Ten Broeck Triangle neighborhood of Albany. Two minutes from major highways and walking distance to downtown. Current configuration is two 1-bed/1-bath garden level units, two 1-bed/1-bath 1st floor units, one 4-bed/2-bath 2nd floor unit, and one 4-bed/2-bath 3rd floor 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 Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

11 Ten Broeck Street

$374,900
4 Beds 2 Baths 202623722 MLS
Welcome to this well-positioned 2-family property in Albany's sought-after Pine Hills neighborhood, offering an excellent opportunity for both investors and owner-occupants. This updated duplex has dedicated living space, two kitchens, updated kitchens and baths, new appliances, durable solid-surface flooring, and a finished attic accessible from Unit 2 that provides valuable additional living space. Numerous improvements have been completed in recent years, including an updated electrical panel, electric meter, gas meter, and hot water tank in 2024; a washer and dryer and a concrete slab installed around the exterior of the home in 2025; and bathroom improvements. Conveniently located near major roadways, shopping, restaurants, schools, and public transportation, with easy access to the bus line. With its flexible two-family layout, substantial recent improvements, and desirable Pine Hills location, this property presents a compelling opportunity to generate rental income while building long-term value--or live in one unit and rent the other.

92 N Allen Street

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