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501 2nd Street Albany, NY 12206

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New
For Sale
$145,000

MULTI_FAMILY - Other - Albany, NY

Property size:
1,540 SF
Lot size:
0.07 Acres
Added:
Apr 7, 2026
Days on Market:
2
Last Refresh:
Apr 8 at 3:06 am

Property Features for 501 2nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Off Street
Window features
Wood Frames
Patio and Porch features
Porch
Interior features
Paddle Fan
Basement
Interior Entry
Standard status
Active
APN
010100 65.47-1-42
Size
1,540 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
2555

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
2
Flooring type
Laminate, Carpet
Building materials
Aluminum Siding
Architectural style
Other

We can help!

Listing Contact
Natalie Pinkham

Listing agent Natalie Pinkham License #10401381130

Listing office Berkshire Hathaway HomeServices Blake, REALTORS 1745 Route 9, Albany, NY

Listing date Apr 7, 2026

MLS# 202614547

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Albany Two-Unit Income Property

This two-unit property is located in the West Hill neighborhood of Albany. The property offers potential for additional income. The upstairs apartment could be configured as a 3-bedroom layout, while the downstairs apartment could be a 2-bedroom layout. Rear enclosed porches provide additional storage space with washer/dryer hookups. An enclosed backyard is suitable for pets and outdoor enjoyment. The property is currently occupied, generating an income of $1,650 per month plus utilities. Active residential occupancy permits are in place through February 2028. The property is situated near the bus line, with access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany. The area is experiencing revitalization. The lot size is 0.07 acres, and the property size is 1540 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.771
Latitude
42.668907

FAQs

What type of property is this?
Duplex - Versatile two-unit property in Albany's West Hill neighborhood.
Where is this duplex located?
The property is located at 501 2nd Street Albany, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Income‑generating 2‑unit property with immediate income of $1,650/mo. plus utilities.; Active residential occupancy permits in place through 2/2028.; Upstairs apartment offers the possibility of a 3‑bedroom layout, downstairs apartment offers possibility of a 2‑bedroom layout.
More about this property
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