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Albany Two-Family Income Property

88 Elizabeth Street Albany, NY 12202

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

Two-unit property in Albany with strong rental income.

Property Size2,100 SF
Price / SF$107.14
Days on Market61

Property Features for 88 Elizabeth Street

General Information

Standard status
Active
Size
2,100 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1880
Listing Agency KW Platform
Listed by Patrick Dunn · License #10401288889
Source Compass
Added: May 18 Checked: Jul 16 at 7:47 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Platform


Investment Insights

Based on property information with market context.

This two-family property is located in Albany, 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 rented 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 size is 2,100 square feet. The annual taxes are $2,935. This property is suitable for both owner-occupants and investors seeking monthly cash flow.

Key Highlights

  • Strong rental income of $3,100 per month total.
  • Recently renovated throughout with a new ultra‑efficient heat pump and mini‑split HVAC system.
  • Seller financing available with only 20% down.

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 property in Albany with strong rental income.
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: Strong rental income of $3,100 per month total.; Recently renovated throughout with a new ultra‑efficient heat pump and mini‑split HVAC system.; Seller financing available with only 20% down.
Contact an agent
More about this property
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