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306 1st Street, Albany
$149,000
4 Beds ⋅ 3 Baths ⋅ 202626176 MLS
Opportunity knocks with this solid, 4 BR, 2.5 bath brick home on 1st St in Albany - Priced right and ready for its new owner to bring their personal touches and make it their own. Held by the same family for the past 26 years, the property features spacious rooms and a flexible layout, original moldings, hardwood floors, and built-ins. Laundry closet on 1st floor. The basement was once a garden apartment - perfect for future multifamily conversions or in-law suite with local permits. Fenced yard and covered back porch. The home is ready for a fresh coat of paint and minor fixes, but the major big-ticket items are already done, including a new roof and replacement windows (4 years old) and a brand new furnace (just 2 years old). Perfect for the 1st time home buyer or savvy investor. Schedule your showing today!

306 1st Street, Albany

19 N Lake Avenue, Albany
$194,900
4 Beds ⋅ 2 Baths ⋅ 202625050 MLS
Discover an incredible real estate opportunity at 19 N Lake Avenue, Albany, NY 12203. Priced to sell fast, this spacious 1,888 sq. ft. home features 4 bedrooms and 1.5 bathrooms, low-maintenance vinyl siding, and nice size back yard. This property serves perfectly as a city starter home or a powerful, high-yield addition to your investment portfolio. Uniquely, the main floor features one of the four bedrooms and a convenient half bath, completely eliminating the need to climb stairs for daily living. This setup is perfect for multi-generational households, a private home office, or a guest room. Main-floor laundry hookups add to the effortless flow, saving you trips to the basement and making chores a breeze. Location Highlights: Directly opposite the University at Albany downtown engineering facilities, short distance to the scenic trails and events at Washington Park, as well as excellent transit access, close to major CDTA bus lines, local dining, and downtown medical centers. Whether you are looking to plant roots in Albany or capitalize on the city's robust rental market, this versatile property is a rare find at this price point.

19 N Lake Avenue, Albany

57 O Connell Street, Albany
$150,000
2 Beds ⋅ 2 Baths ⋅ 202624674 MLS
sold at bank minimum. Other offers were declined by the bank, seller likely to receive no money from sale. No wiggle room, we are near foreclosure. This home is a collection of projects, but don't be discouraged. This is not a total tear down, Convenient to the highway but on a quiet street, the home currently offers two oversized bedrooms but could be converted to three bedrooms. Some previous water damage has led to 'discoloration and a damp smell'. Really cool spaces like a big kitchen, dining area and front living room, with an office in the back on the first floor and tons of storage in the utility room. Each floor has a full bathroom. Efficient use of space throughout. This is an open canvas with some much needed work, price is set to lowest price bank will consider to satisfy existing mortgage. Vacant, easy to view. Bring flashlight. Do your inspections before offers, all offers to be as is, no inspections, Cash or hard money only

57 O Connell Street, Albany

54 Westerlo Street # 22, Albany
$129,900
2 Beds ⋅ 1 Baths ⋅ 202624554 MLS
Welcome to 54 Westerlo St #22, an updated 2-bedroom, 1-bath condo offering approximately 810 square feet in a convenient Albany location. Currently leased for $1,600/month through December 1, 2026, this property offers investors immediate rental income with a tenant already in place. Recent updates include new flooring throughout the living room, hallway and both bedrooms, new windows in the primary bedroom, updated kitchen lighting, a new refrigerator, oven and faucet, and fresh paint in the common area. The unit also features an in-unit washer and dryer and two parking spaces. For investors, the property offers approximately $19,200 in scheduled annual rental income at the current lease rate, making it an attractive addition to an existing rental portfolio. DSCR, portfolio and other investment financing may be available, subject to lender guidelines and buyer qualifications. The location provides convenient access to Downtown Albany, Empire State Plaza, MVP Arena, restaurants, shops, entertainment, government offices and major roadways. The 2-bedroom layout, parking and updated condition also provide strong appeal for a future owner-occupant once the current lease expires. A solid opportunity to acquire an occupied, income-producing Albany condo with established rental income and recent improvements, while retaining the flexibility to make it a future home.

54 Westerlo Street # 22, Albany

4 Cherry Hill Street, Albany
$184,900
2 Beds ⋅ 1 Baths ⋅ 202623052 MLS
Back on Market Due to Buyers Financing Showings Start 9/27! This charming home is a hidden gem! Tucked away on a rare triple lot totaling nearly a quarter acre, it offers a peaceful retreat with wooded privacy, humble gardens, and a level backyard designed for relaxing and enjoying the bird songs. Despite its tranquil setting, you're just minutes from all the restaurants, shops, entertainment, and conveniences of downtown Albany. Inside, you're welcomed by a cozy living room equipped with a gas stove - perfect for warming up on those snowy winter days. The kitchen and dining room are open together and features a breakfast bar and ample space for chatting over lunch with friends or a loved one. The downstairs bathroom includes washer and dryer hookups for convenience. The highlight of the home is the bright and inviting sunroom, complete with skylights that fill the space with natural light and provide access to the rear deck--perfect for morning coffee, that evening glass of wine or the perfect office/studio for work or art. Additional highlights include off-street parking, a detached 1-1/2 car garage with overhead storage loft, and a recently repaved driveway. As an added bonus, the property backs up to the historic Cherry Hill Mansion estate, providing peace of mind and the perfect neighbor. If you've been searching for privacy, charm, and convenience all in one, this house is ready to welcome you home.

4 Cherry Hill Street, Albany

13 Lexington Avenue, Albany
$115,000
5 Beds ⋅ 2 Baths ⋅ 202619823 MLS
Motivated seller- Bring your best offer and creative idea to this project. Handyman Special in the Heart of Albany! Opportunity awaits with this brick multifamily property located in Albany School District. This investor special offers tremendous potential for investors, contractors, flippers, or owner-occupants looking to build equity. The property requires a complete rehabilitation and is being sold as-is. Cash offers only. An additional adjacent lot is included in the sale, located right next door. This extra parcel offers great potential for additional off-street parking or with Town/City approval, the possibility of a buildable lot- a valuable bonus with plenty of options for the new owner. Featuring a brick exterior and a prime location close to major highways, public transportation, shopping, restaurants, schools, hospitals, and downtown Albany amenities, this property presents an excellent value-add opportunity. Low taxes help maximize future investment potential. Bring your vision, tools, and creativity to transform this multifamily property into a strong income-producing asset or long-term investment. Rare opportunity to purchase a fixer-upper in a convenient Albany location with endless possibilities. Don't miss your chance to unlock the potential this property has to offer!

13 Lexington Avenue, Albany

402 2nd Street, Albany
$65,000
6 Beds ⋅ 2 Baths ⋅ 202617576 MLS
Motivated Seller -- Bring Your Offer! Investor Special in Albany! This up-and-down duplex at 402 2nd Street offers a prime value-add opportunity for investors, flippers, contractors, or buyers looking for their next rehab project. The property needs extensive renovation throughout, including significant interior and exterior updates, but offers strong upside potential for the right buyer. Featuring a traditional duplex layout with separate units, the property provides the potential for future rental income, an owner-occupant setup, or a full investment renovation. Conveniently located near downtown Albany, schools, parks, shopping, and major highways. Bring your vision, tools, and offer -- this is a full rehab with serious potential. Motivated seller and ready to consider offers!

402 2nd Street, Albany

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