282 Yates Street, Albany, NY 12208
Local realty services provided by:HUNT Real Estate ERA
Listed by: yan wang
Office: realty one group key
MLS#:202615627
Source:Global MLS
Price summary
- Price:$324,900
- Price per sq. ft.:$145.56
About this home
Open House: Sunday, April 26 | 10:00 AM - 1:00 PM
Come experience the space and see the potential for yourself.
Great investment opportunity in Albany! This updated two-family home offers strong rental income and is ideally located near Albany Medical Center, downtown Albany, and public transportation--making it highly attractive to tenants.
Each unit features a spacious 3-bedroom, 2 full bathroom layout, a rare find in the Albany rental market. The property is currently generating approximately $3,700/month in rental income ($1,800 + $1,900), with potential to increase rents to $1,850-$1,950 per unit.
Recent updates provide added value and peace of mind, including a fully renovated first-floor unit (2023), updated bathroom in the second-floor unit (2025), new water heater, maintenance-free front porch (2024), reinforced foundation (2024), attic insulation (2020), and a well-maintained slate roof.
Located just minutes from Washington Park, Albany Med, hospitals, colleges, restaurants, and major employers, this property benefits from strong and consistent rental demand. Easy access to public transportation makes it ideal for tenants seeking convenience and accessibility.
Perfect for investors looking for cash flow or owner-occupants interested in living in one unit and renting the other....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:202615627
- Added:48 day(s) ago
- Updated:June 10, 2026 at 02:30 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Basement Description:Full, Unfinished
- Living area:2,232 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:2,232 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Construction Materials:Vinyl Siding
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$324,900
- Price per sq. ft.:$145.56
- Tax amount:$4,850
Features and amenities
- Laundry features:Main Level, Upper Level
- Amenities:Other
Parking
- Total parking spaces:4
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