501 2nd Street, Albany, NY 12206

Albany
Local realty services provided by:HUNT Real Estate ERA
501 2nd Street,Albany, NY 12206
$145,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,540 sq. ft.
  • Multi-family
  • Active
Listed by: natalie pinkham, lindsay carr
Office: berkshire hathaway homeservices blake, realtors
MLS#:202614547
Source:Global MLS

Price summary

  • Price:$145,000
  • Price per sq. ft.:$94.16

About this home

Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028. Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity...

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Home facts

  • Year built:1900
  • Listing ID #:202614547
  • Added:25 day(s) ago
  • Updated:May 02, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate
  • Basement Description:Interior Entry
  • Living area:1,540 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:1,540 sq. ft.
  • Lot area:0.07 Acres
  • Lot Features:Road Frontage
  • Architectural Style:Traditional
  • Exterior Features:Covered, Enclosed, Rear Porch
  • Foundation Description:Brick/Mortar

Schools

  • High school:Albany
  • Elementary school:Philip J. Schuyler Achievement

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$94.16
  • Tax amount:$2,554

Features and amenities

  • Laundry features:Common Area, Electric Dryer Hookup, Main Level, Washer Hookup
  • Amenities:Paddle Fan, Wood Frames

Parking

  • Parking description:Off Street
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