97-99 Homestead, Albany, NY 12203

Albany
Local realty services provided by:HUNT Real Estate ERA
97-99 Homestead,Albany, NY 12203
$1,199,900
  • 16 Beds
  • 8 Baths
  • 6,184 sq. ft.
  • Multi-family
  • Active
Listed by: kevin clancy, garret hebert
Office: clancy real estate
MLS#:202625727
Source:Global MLS

Price summary

  • Price:$1,199,900
  • Price per sq. ft.:$194.03

About this home

Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely...

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Home facts

  • Year built:1940
  • Listing ID #:202625727
  • Added:1 day(s) ago
  • Updated:September 09, 2026 at 09:40 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Hardwood, Tile
  • Bathrooms Description:Ceramic Tile Bath
  • Basement Description:Full
  • Living area:6,184 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Hot Water, Natural Gas, Radiant, Radiant Floor

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1940
  • Building area:6,184 sq. ft.
  • Lot area:0.34 Acres
  • Architectural Style:Apartment 4 Plus Unit
  • Construction Materials:Brick
  • Exterior Features:Rear Porch

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,199,900
  • Price per sq. ft.:$194.03
  • Tax amount:$12,216

Features and amenities

  • Amenities:Built-in Features, High Speed Internet, Other, Solid Surface Counters

Parking

  • Total parking spaces:14
  • Parking description:Detached, Driveway, Garage, Paved
  • Garage:Yes
  • Garage spaces:6
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