199 N Lake Avenue, Albany, NY 12206

Albany
Local realty services provided by:HUNT Real Estate ERA
199 N Lake Avenue,Albany, NY 12206
$320,000
  • 8 Beds
  • 2 Baths
  • 2,032 sq. ft.
  • Multi-family
  • Active
Listed by: linda chiou
Office: group twenty six ny llc.
MLS#:202619923
Source:Global MLS

Price summary

  • Price:$320,000
  • Price per sq. ft.:$157.48

About this home

Turnkey investment opportunity in Albany's West Hill neighborhood! This fully tenant-occupied two-family property features 8 bedrooms and 2 full baths across two spacious units, providing immediate rental income from day one. Both apartments are leased, making this an ideal addition to an investor's portfolio. Situated on two adjoining lots (197 & 199 N Lake Ave), this unique offering provides additional land value and future potential. Opportunity to own a cash-flowing asset with established tenants already in place.

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Home facts

  • Year built:1900
  • Listing ID #:202619923
  • Added:41 day(s) ago
  • Updated:July 29, 2026 at 02:43 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Exterior Entry, Interior Entry, Unfinished, Walk-Out Access
  • Living area:2,032 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:2,032 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$157.48
  • Tax amount:$2,054

Parking

  • Total parking spaces:2
  • Parking description:Driveway, Off Street, Paved
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