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$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

$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

$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

$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

$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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