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$450,000
6 Beds 3 Baths 202622477 MLS
Charming and recently updated triplex offering 2 bedroom apartments in the heart of Albany! Three identical units featuring brand new stainless steel appliances & (3) Navien on-demand hot water tanks. With a bright and inviting atmosphere, these units features large windows, high ceilings, and hardwood floors. The open living space flows seamlessly into the kitchen, offering plenty of room to relax or entertain. Key Features: two spacious bedrooms, recently updated kitchen, high ceilings and hardwood floors, ample natural light, Wifi included, laundry in basement & private back decks. Convenient location near downtown Albany, restaurants, shops, and public transportation These apartments are perfect for anyone looking for a cozy, well-maintained space in a prime location. Don't miss out on this fantastic opportunity. Easy to maintain - even easier to manage! Perfect for owner occupant or investors!

13 Delaware Street

$289,900
8 Beds 2 Baths 202622366 MLS
Opportunity knocks to own a completely renovated two-family in Albany with both units vacant and ready to go. The property has been remodeled from top to bottom and features 4 total bedrooms, 2 full bathrooms, updated kitchens with solid-surface countertops, beautifully tiled baths, brand-new wide-plank flooring, and fresh finishes throughout. Both units are also equipped with mini-split systems providing efficient heating and cooling for year-round comfort. With no existing tenants or leases in place, the new owner has the flexibility to set rents at current market rates from day one. Also a great option for an owner-occupant looking to move right in and use the second unit to help offset their monthly payment. All the work has already been done--bring your tenants or move in and make it yours!

31 Bertha Street

$224,900
8 Beds 2 Baths 202622352 MLS
Welcome to 132 4th Ave, a fully updated brick two-family offering an excellent opportunity for both investors and owner-occupants. Each spacious unit features 4 bedrooms, beautifully updated kitchens and bathrooms, modern finishes throughout, and ductless mini splits for efficient heating and cooling. The first-floor unit is currently rented at $1,880 per month, while the vacant second-floor unit offers immediate occupancy or strong additional income potential with an estimated market rent of approximately $1,880 per month. With 8 total bedrooms, a solid brick exterior, and both units already updated, this property is positioned to generate approximately $3,760 per month in total rental income at market rents. Whether you're looking to expand your investment portfolio or live in one unit while collecting income from the other, this turnkey two-family is ready to go.

132 4th Avenue

$599,000
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

$349,000
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

$299,900
6 Beds 2 Baths 202621689 MLS
Opportunity meets versatility at 339 Delaware Avenue, Albany, NY 12209! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of comfortable living, making it an excellent choice for first-time homebuyers seeking room to grow or investors looking for strong rental potential. Extra rental income of $2,750 monthly. Sunlight pours through the large windows, filling the home with warmth, while the inviting sunroom provides the perfect space to relax, work from home, or enjoy your morning coffee. Generous living areas and a flexible layout offer endless possibilities to fit your lifestyle. Located within the highly regarded Albany School District, this home combines space, value, and location. Schedule your private showing today and discover everything this property has to offer!

339 Delaware Avenue

$239,900
6 Beds 2 Baths 202621119 MLS
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

$285,000
9 Beds 3 Baths 202620998 MLS
INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term investment potential. Located in Albany's South End, this property sits directly across the street from ongoing redevelopment activity in a neighborhood seeing continued investment and revitalization. Whether you're looking to owner-occupy or add to your investment portfolio, don't let this MONEY MAKER escape! Schedule your showing today!

123 Clinton Street

$484,900
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

$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

$260,000
6 Beds 3 Baths 202618685 MLS
Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY. This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal. Size: With a spacious layout, each unit features ample living space, bright natural light, and comfortable bedrooms. Location: Situated in a vibrant neighborhood, this property is conveniently located near local amenities, public transportation, parks, and schools, making it ideal for tenants. Potential Income: With strong rental demand in the area, this triplex presents an excellent opportunity for generating income. Parking: The property includes off-street parking for residents, adding to its convenience and appeal. This triplex is not only a fantastic investment opportunity but also a wonderful place to call home. Whether you're looking to occupy one unit and rent out the others or solely use it as an investment property, 313 1st Street is a must-see. Don't miss your chance to own this prime piece of real estate in Albany!

313 1st Street

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