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Renovated Two-Family Home in Albany
For Sale
$172,904
Pending

NY, NY

MULTI_FAMILY - Other - NY

Property Size1,960 SF
Lot Size0.06 Acres
Days on Market134

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Basement Full, Unfinished
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Turn right off of N Lake Ave onto 1st Street
Standard status Pending
Size 1,960 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 3588

Utilities

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

Building Details

Year built 1915
Number of units 2
Building materials Vinyl Siding
Architectural style Other
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Kaile White · License #10401349094
Added: Apr 9 Changed: Jul 24 Last Checked: Aug 20 at 2:06PM
MLS# 202614742

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 renovated two-family home in Albany features two units, each with 2 bedrooms and 1 bathroom. The apartments have open layouts and new kitchens. In-unit laundry and heat pumps provide central air and heating. Upgrades include a new roof, electrical system, and plumbing. The property features new systems, flooring, fixtures, and finishes. It is designated for owner-occupancy only. Buyers must meet 80% of the median income for Albany County, be first-time homebuyers, and meet income limits. Purchasers are subject to owner-occupancy requirements pursuant to New York State Homes & Community Renewal's Legacy City ACCESS Program. Purchasers must complete income qualification and homebuyer education training with a HUD-certified homeownership counselor prior to purchase. The property size is 1960 square feet and the lot size is 0.06 acres.

Key Highlights

  • Two‑family home (owner‑occupancy only) with two units, each featuring 2 bedrooms and 1 bathroom
  • Completely renovated with brand‑new kitchens and in‑unit laundry in both apartments
  • Updated with heat pumps providing central air and heating for year‑round comfort

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Completely renovated two-family home with modern amenities in Albany, NY.
Where is this duplex located?
The property is located at NY.
What is the asking price?
The asking price for this property is $172,904.
What are key features of this property?
This property features: Two‑family home (owner‑occupancy only) with two units, each featuring 2 bedrooms and 1 bathroom; Completely renovated with brand‑new kitchens and in‑unit laundry in both apartments; Updated with heat pumps providing central air and heating for year‑round comfort
More about this property
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