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4-Unit Residential Income Property

68 Watervliet Avenue Albany, NY 12206

68 Watervliet Avenue, Albany, NY, 12206
$250,000
For Sale
Under Contract
$250,000

MULTI_FAMILY - Albany, NY

Property Size2,496 SF
Lot Size0.05 Acres
Price / SF$100.16
Days on Market60

Property Features for 68 Watervliet Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 1
Basement
Unfinished, Full
Standard status
Active Under Contract
APN
010100 54.77-1-9
Size
2,496 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6095

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public

Building Details

Year built
1940
Number of units
4
Flooring type
Hardwood
Building materials
Vinyl Siding
Roof type
Rubber
Listing Agency KW Platform
935 New Loudon Rd, Latham, NY
Listed by Luke Khachadourian · License #10301219050
Added: May 19 Checked: Jul 17 at 9:06 pm
MLS# 202617553 Listing URL

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.


Investment Insights

Based on property information with market context.

This 4-unit residential income property at 68 Watervliet Avenue is being renovated and is currently mid-construction, with demo work and framing completed. New electric panels and wiring have already been installed, and new water heaters are in place. The units are described as having convenient layouts, providing a practical foundation for a buyer to complete the remaining work.

The property is located in Albany near downtown, major roads, public transportation, restaurants, and local shops, supporting a tenant-focused residential setting.

Sold as-is, this is a value-add opportunity for an investor or owner-operator looking to finish the renovation and stabilize the property.

Key Highlights

  • 4‑unit property in mid‑renovation with demo work, framing, and new electric panels and wiring already completed
  • New water heaters already in place; utilities include public water and public sewer
  • Vinyl siding exterior with rubber roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Storage Facility Spa & Massage Center Furniture & Home Goods Nail Salon Cafe & Coffee Shop Garden Center Pharmacy Hotel & Motel HVAC Service

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

FAQs

What type of property is this?
Quadplex - Four-unit property sold as-is, currently mid-renovation with demo, framing, new electric panels, wiring, and water heaters in place.
Where is this quadplex located?
The property is located at 68 Watervliet Avenue Albany, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4‑unit property in mid‑renovation with demo work, framing, and new electric panels and wiring already completed; New water heaters already in place; utilities include public water and public sewer; Vinyl siding exterior with rubber roof
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More about this property
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