Albany Two-Family Income Property

88 Elizabeth Street, Albany, NY 12202

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For Sale

$225,000

MULTI_FAMILY - Other - Albany, NY

Property size:

2,100 SF

Lot size:

0.06 Acres

Price / SF:

$107/SF

We can help!

Contact an agent

Patrick Dunn

Real Estate License ID: 10401288889

HighLights

Up‑and‑down 2‑family in Albany with Unit 1 (2BR/1BA) and Unit 2 (4BR/1BA).
Monthly rent: Unit 1 at $1,300 and Unit 2 at $1,800 for $3,100 total.
Recently renovated with a brand new ultra efficient heat pump and mini‑split HVAC/ductless systems, plus newer vinyl windows.
Public utilities: public water and public sewer; flat rubber roof; vinyl siding with vinyl flooring.
Year built: 1880.
Taxes listed as $2,935 annually.

For Sale

$225,000

MULTI_FAMILY - Other - Albany, NY

Property size:

2,100 SF

Lot size:

0.06 Acres

Price / SF:

$107/SF

Added:: May 23, 2026
Days on Market:: 46
Last Refresh:: Jul 7 at 8:06 am

Property Features for 88 Elizabeth Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 2
Rooms: Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 4
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: Ductless (Heating), Forced Air, Electric (Heating), Zoned, Heat Pump (Heating)
Cooling system: Ductless, Central Air
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

We can help!

Contact an agent

Patrick Dunn

Listing agent Patrick Dunn License #10401288889

Listing office KW Platform 935 New Loudon Rd, Latham, NY

Listing date May 23, 2026

MLS# 202617899 Listing URL

HighLights

Up‑and‑down 2‑family in Albany with Unit 1 (2BR/1BA) and Unit 2 (4BR/1BA).
Monthly rent: Unit 1 at $1,300 and Unit 2 at $1,800 for $3,100 total.
Recently renovated with a brand new ultra efficient heat pump and mini‑split HVAC/ductless systems, plus newer vinyl windows.
Public utilities: public water and public sewer; flat rubber roof; vinyl siding with vinyl flooring.
Year built: 1880.
Taxes listed as $2,935 annually.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Albany
County: Albany
State: New York
Longitude: -73.762323
Latitude: 42.638989

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For sale
Duplexes
NY
Albany
12202
88 Elizabeth Street

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 Unit 1 (2BR/1BA) and Unit 2 (4BR/1BA).; Monthly rent: Unit 1 at $1,300 and Unit 2 at $1,800 for $3,100 total.; Recently renovated with a brand new ultra efficient heat pump and mini‑split HVAC/ductless systems, plus newer vinyl windows.

88 Elizabeth Street, Albany, NY 12202

MULTI_FAMILY - Other - Albany, NY

Property Features for 88 Elizabeth Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Iconic Albany Restaurant and Pub

Established Delicatessen Business For Sale

Automotive Service Business for Sale

Automotive Service and Workshop

Light-Industrial Warehouse with Office

Mixed-Use Auto Repair Property

Albany Flex Industrial Building

Flexible Office Building with Gated Parking

Mixed-Use Property in Center Square

Historic Church and Parish Hall

Versatile Commercial Property on Central Avenue

Mixed-Use Building with Retail Frontage

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