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Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually.

6 Beds ⋅ 3 Baths ⋅ 202628110 MLS

Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually.

695 State Street, Albany

$359,000

Completely renovated and move-in ready in Albany's highly desirable Whitehall neighborhood! This beautifully updated 3-bedroom, 1.5-bath home has been refreshed from top to bottom, combining today's finishes with the character and charm of its original design. Step inside to a bright, inviting interior featuring new flooring, fresh paint, updated lighting and crisp finishes throughout. The showpiece is the stunning new kitchen featuring white Shaker-style cabinetry, granite countertops, subway tile backsplash, center island, recessed lighting and stainless-steel appliances. The adjoining dining room retains a charming original built-in, adding just the right touch of character, while the spacious living room offers plenty of natural light and room to relax or entertain. Both bathrooms have been completely renovated, including a stylish full bath with tiled tub/shower surround, decorative flooring and modern black fixtures. Three comfortable bedrooms complete the second floor. Additional updates include a new hot water heater and a recently serviced and tuned boiler. Outside, enjoy a large rear deck overlooking the backyard—perfect for entertaining, outdoor dining or relaxing at the end of the day. Convenient off-street parking plus easy access to shopping, dining and major roadways complete the package. From the kitchen and baths to the flooring, fixtures and finishes, the work has been done—just unpack and enjoy!

3 Beds ⋅ 2 Baths ⋅ 202627871 MLS

Completely renovated and move-in ready in Albany's highly desirable Whitehall neighborhood! This beautifully updated 3-bedroom, 1.5-bath home has been refreshed from top to bottom, combining today's finishes with the character and charm of its original design. Step inside to a bright, inviting interior featuring new flooring, fresh paint, updated lighting and crisp finishes throughout. The showpiece is the stunning new kitchen featuring white Shaker-style cabinetry, granite countertops, subway tile backsplash, center island, recessed lighting and stainless-steel appliances. The adjoining dining room retains a charming original built-in, adding just the right touch of character, while the spacious living room offers plenty of natural light and room to relax or entertain. Both bathrooms have been completely renovated, including a stylish full bath with tiled tub/shower surround, decorative flooring and modern black fixtures. Three comfortable bedrooms complete the second floor. Additional updates include a new hot water heater and a recently serviced and tuned boiler. Outside, enjoy a large rear deck overlooking the backyard—perfect for entertaining, outdoor dining or relaxing at the end of the day. Convenient off-street parking plus easy access to shopping, dining and major roadways complete the package. From the kitchen and baths to the flooring, fixtures and finishes, the work has been done—just unpack and enjoy!

44 Swartson Court, Albany

$269,900

Fully rented with excellent Tenants generating 3400 per month This fully remodeled 2 family will cash flow immediately. 2nd Floor unit consists of a 4 bedroom duplex with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor. 2nd Floor features open floor plan with master bedroom two closets and an office off the bedroom. Unit 1 fully updated with large great room and open floor plan. All new kitchens and baths.

6 Beds ⋅ 2 Baths ⋅ 202627252 MLS

Fully rented with excellent Tenants generating 3400 per month This fully remodeled 2 family will cash flow immediately. 2nd Floor unit consists of a 4 bedroom duplex with 2 bedrooms on the 2nd floor and 2 bedrooms on the 3rd floor. 2nd Floor features open floor plan with master bedroom two closets and an office off the bedroom. Unit 1 fully updated with large great room and open floor plan. All new kitchens and baths.

1114 Broadway, Albany

$39,999

Great opportunity to build in Albany's Pine Hills neighborhood! This vacant residential lot offers flexibility for your future plans, with the City of Albany confirming that the parcel allows for both single-family and two-family development. Conveniently located just off Madison Avenue near Washington Park, with easy access to Western Avenue, Washington Avenue, Central Avenue, Downtown Albany and area colleges. Whether you're looking to build a home of your own or explore the potential of a two-family property, bring your plans and your builder!

202626878 MLS

Great opportunity to build in Albany's Pine Hills neighborhood! This vacant residential lot offers flexibility for your future plans, with the City of Albany confirming that the parcel allows for both single-family and two-family development. Conveniently located just off Madison Avenue near Washington Park, with easy access to Western Avenue, Washington Avenue, Central Avenue, Downtown Albany and area colleges. Whether you're looking to build a home of your own or explore the potential of a two-family property, bring your plans and your builder!

451 Hamilton Street, Albany

$399,000

This Solid Brick Three Unit includes in the price, 536 N Pearl that the house sits on, 538 N Pearl, and 540 N Pearl vacant lots. 538 & 540 N Pearl are zoned Two Family Residential. As for 536 N Pearl it features Three apartments that were originally remodeled by an owner occupied which makes for some unique details of tiles work throughout and unit one featuring a garden tub and coffered livingroom ceiling. Brings in just over $50k/year in annual income.

9 Beds ⋅ 3 Baths ⋅ 202625522 MLS

This Solid Brick Three Unit includes in the price, 536 N Pearl that the house sits on, 538 N Pearl, and 540 N Pearl vacant lots. 538 & 540 N Pearl are zoned Two Family Residential. As for 536 N Pearl it features Three apartments that were originally remodeled by an owner occupied which makes for some unique details of tiles work throughout and unit one featuring a garden tub and coffered livingroom ceiling. Brings in just over $50k/year in annual income.

536-540 N Pearl Street, Albany

$329,999

Location! Gorgeous large single family home in the heart of Pine Hills. Bus stop is just a block away. Very large bathroom with all hookups ready for additional half bath on the first fl. Fully renovated kitchen in 2025 with all newer appliances. Fenced Backyard will provide privacy.

3 Beds ⋅ 1 Baths ⋅ 202624949 MLS

Location! Gorgeous large single family home in the heart of Pine Hills. Bus stop is just a block away. Very large bathroom with all hookups ready for additional half bath on the first fl. Fully renovated kitchen in 2025 with all newer appliances. Fenced Backyard will provide privacy.

97 N Allen Street, Albany

$514,000

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.

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, Albany

$2,300,000

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

10 Beds ⋅ 11 Baths ⋅ 202622723 MLS

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street, Albany

$445,900

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!

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, Albany

$419,900

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

3 Baths ⋅ 202620096 MLS

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

407 Central Avenue, Albany

$950,000

This listing is for the sale of the real estate and owner is willing to consider lease of property with an option to purchase. There is a separate listing for sale of the business, FF and E and inventory of Watkins Spring Co., an established business with over 100 years of experience providing heavy duty suspension services in the Capital District. The business has over 4,000 accounts and a highly respected reputation in the industry. Qualified buyers to sign NDA and show proof of funds. See associated documents for details on all of the possibilities.

2 Baths ⋅ 202610816 MLS

This listing is for the sale of the real estate and owner is willing to consider lease of property with an option to purchase. There is a separate listing for sale of the business, FF and E and inventory of Watkins Spring Co., an established business with over 100 years of experience providing heavy duty suspension services in the Capital District. The business has over 4,000 accounts and a highly respected reputation in the industry. Qualified buyers to sign NDA and show proof of funds. See associated documents for details on all of the possibilities.

368 Central Avenue, Albany

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