Back to Search
Albany Two-Family Income Property

88 Elizabeth Street Albany, NY 12202

88 Elizabeth Street, Albany, NY, 12202
$225,000
For Sale
$225,000

MULTI_FAMILY - Other - Albany, NY

Property Size2,100 SF
Lot Size0.06 Acres
Price / SF$107.14
Days on Market56

Property Features for 88 Elizabeth Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2
Window features
ENERGY STAR Qualified WIndows
Interior features
High Speed Internet, Built-in Features
Basement
Full, Unfinished
Standard status
Active
APN
010100 76.72-1-2
Size
2,100 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
2931

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Ductless (Heating), Electric (Heating), Heat Pump (Heating), Zoned
Cooling system
Central Air, Ductless
Water source
Public

Building Details

Year built
1880
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency KW Platform
935 New Loudon Rd, Latham, NY
Listed by Patrick Dunn · License #10401288889
Added: May 23 Checked: Jul 17 at 6:06 pm
MLS# 202617899 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 two-family property in Albany is located minutes from downtown. Unit 1 includes 2 bedrooms and 1 full bath, while Unit 2 features 4 bedrooms and 1 full bath. The property generates a total monthly income of $3,100, with the first floor renting for $1,300 per month and the second floor for $1,800 per month. Recent renovations include a new heat pump and mini-split HVAC system, along with newer vinyl windows. The property spans 2,100 square feet and sits on a 0.06-acre lot. The annual taxes are $2,935. This property is suitable for both owner-occupants and investors seeking monthly cash flow.

Key Highlights

  • Up and down 2‑family in Albany with 2 bedrooms (Unit 1) and 4 bedrooms (Unit 2), each with 1 full bath
  • Monthly rent listed at $1,300 for Unit 1 and $1,800 for Unit 2, for $3,100 total monthly income
  • Recently renovated, including a brand new ultra efficient heat pump and mini split HVAC plus newer vinyl windows

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Skin Care Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Home Appliance Store Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store

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

FAQs

What type of property is this?
Duplex - Two-unit Albany property with strong rental income and recent renovations.
Where is this duplex located?
The property is located at 88 Elizabeth Street Albany, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Up and down 2‑family in Albany with 2 bedrooms (Unit 1) and 4 bedrooms (Unit 2), each with 1 full bath; Monthly rent listed at $1,300 for Unit 1 and $1,800 for Unit 2, for $3,100 total monthly income; Recently renovated, including a brand new ultra efficient heat pump and mini split HVAC plus newer vinyl windows
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message