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    Renovated Multi-Family with Income Potential
    Updated: May 13
    Renovated Multi-Family with Income Potential

    1427 4th Avenue, Watervliet, NY 12189

    $490,000
    4,204 sqft 0.13 AC lot
    Fully renovated multi‑family rebuilt from the studs up with updated electrical and modern interior finishes
    Rooms include 11 bedrooms and 3 bathrooms, with solid surface counters and ceramic tile bath surfaces
    Each unit has washer hookups and the sale includes appliances
    Heating: natural gas forced air; utilities include cable available; water supplied by public water and sewer via public sewer
    Exterior features vinyl siding, asphalt shingle roof, deck, and chain link fencing
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    This listing looks promising.

    Here's a quick look at some key insights for

    1427 4th Avenue, Watervliet, NY 12189

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $642K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1900
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    Mixed-Use Building with Retail and Apartments
    Updated: Mar 3
    Mixed-Use Building with Retail and Apartments

    204 Lancaster Street, Albany, NY 12201

    $599,000
    4,123 sqft 0.04 AC lot
    Brick mixed‑use building in historic Albany with ground‑floor retail and two residential apartments above
    Retail currently used as a tailor shop with strong street presence and suitable for multiple commercial uses
    Recent capital improvements over $25,000: new commercial central air, rubber roof, and brand new hot water tank
    Wood flooring and interior details including tray ceilings, walk‑in closets, built‑in features, and crown molding
    Heating: natural gas; Cooling: central air; Water source: public; Sewer: public sewer
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    Mixed-Use Auto Shop and Apartments
    Mixed-Use Auto Shop and Apartments

    187 Jefferson Street, Albany, NY 12210

    $449,777
    8,906 sqft 0.21 AC lot

    Mixed-use property with an operating auto repair shop plus three apartments needing renovation and dedicated parking.

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    Turnkey Albany Investment Opportunity
    Turnkey Albany Investment Opportunity

    64 Elm Street, Albany, NY 12203

    $529,900
    3,680 sqft 0.04 AC lot

    Three-unit property with income potential and owner-occupant options.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Residential Income Property Compound
    Residential Income Property Compound

    104 Lord Ave, Troy, NY 12180

    $850,000
    4,996 sqft

    Compound includes a 2-bed/1-bath home, second 2-bed/1-bath home, and storage/shop buildings on a large lot.

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    Three-Unit Multifamily Building
    Three-Unit Multifamily Building

    175 Eagle Street, Albany, NY 12202

    $368,000
    2,160 sqft 0.04 AC lot

    Well-maintained three-unit multifamily with hardwood, ceramic tile, stainless appliances, newer boiler, and in-unit washer/dryer.

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    All-Brick Triplex for Residential Income
    All-Brick Triplex for Residential Income

    117 4th Avenue, Albany, NY 12202

    $499,900
    3,835 sqft 0.05 AC lot

    Three remodeled apartments in an all-brick triplex with separate utilities and two currently vacant units for faster occupancy.

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    Three-Unit Brick Multifamily
    Three-Unit Brick Multifamily

    210 Western Avenue, Albany, NY 12203

    $360,000
    2,712 sqft 0.05 AC lot

    Well-maintained brick 3-unit property with hardwood floors, shared laundry, and access to a common courtyard.

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    Albany Warehouse District Investment Opportunity
    Albany Warehouse District Investment Opportunity

    405 N Pearl Street, Albany, NY 12207

    $989,000
    9,569 sqft 1.43 AC lot

    Three parcels in downtown Albany's Warehouse District for sale.

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    Mixed-Use Bar and Apartments
    Mixed-Use Bar and Apartments

    427 S Pearl Street, Albany, NY 12202

    $329,000
    5,760 sqft 0.04 AC lot

    Turnkey remodeled building with a renovated bar/lounge and two occupied two-bedroom apartments.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    9 Kent Street, Albany, NY 12206

    $389,000
    2,984 sqft 0.11 AC lot

    Well-maintained three-family with two 1-bedroom units and a 3-bedroom unit, plus off-street parking and laundry access.

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    All-Brick Triplex with 3 Remodeled Units
    All-Brick Triplex with 3 Remodeled Units

    117 4TH Avenue, Albany, NY 12202

    $499,900
    3,835 sqft

    All-brick triplex with three remodeled units and 10 bedrooms, with tenants paying separate utilities.

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    Three-Unit Income Property
    Three-Unit Income Property

    77 S Allen Street, Albany, NY 12208

    $495,000
    3,495 sqft 0.13 AC lot

    Well-maintained three-unit building with updated components and established rental mix generating $5,400/month.

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    Well-Maintained Triplex with Updates
    Well-Maintained Triplex with Updates

    421 4th Street, Troy, NY 12180

    $364,900
    3,000 sqft 0.07 AC lot

    Updated triplex offers modern systems, shared coin laundry, and outdoor amenities for durable residential income use.

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    Turnkey Mixed-Use Triplex
    Turnkey Mixed-Use Triplex

    1 Lincoln Avenue, Troy, NY 12180

    $325,000
    2,262 sqft

    Three updated units with two residential apartments and one flexible commercial/office space.

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    Brick Triplex With Updated Systems
    Brick Triplex With Updated Systems

    210 Myrtle Avenue, Albany, NY 12202

    $329,900
    2,428 sqft 0.06 AC lot

    Brick triplex with two 1-bedroom units and one 3-bedroom unit, with separate utilities and recent capital improvements.

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    Three-Family with Private Decks
    Three-Family with Private Decks

    82 Dove Street, Albany, NY 12210

    $399,000
    2,688 sqft 0.03 AC lot

    Three-unit residence with two 1-bedroom apartments and a 3-bedroom main unit, plus off-street parking for two vehicles.

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    New Scotland Avenue Opportunity
    New Scotland Avenue Opportunity

    4 New Scotland Avenue, Albany, NY

    $595,000
    1,680 sqft

    Three-family property and two lots near Albany Medical Center.

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    Updated Triplex Investment Property
    Updated Triplex Investment Property

    472 Hudson Avenue, Albany, NY 12203

    $409,900
    3,197 sqft 0.06 AC lot

    Updated 3-family property with 10 total bedrooms, listed for sale at 472 Hudson Avenue in Albany, NY.

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    Three-Family Residential Building
    Three-Family Residential Building

    65 13TH Street, Troy, NY 12180

    $495,000
    2,836 sqft

    Three-unit property with updated interiors, multiple laundry units, and off-street parking for up to six cars.

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    Residential Income Triplex
    Residential Income Triplex

    415 3RD Street, Troy, NY 12180

    $389,900
    3,696 sqft

    For sale triplex generating $4,100 monthly income, with remarks noting third-floor rent increase potential.

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    Mixed-Use Office and Two-Unit Home
    Mixed-Use Office and Two-Unit Home

    342 Hamilton Street, Albany, NY 12210

    $485,000
    3,649 sqft 0.11 AC lot

    Downtown Albany mixed-use property includes ground-floor professional offices, plus two residential units and a six-space private parking lot.

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    Mixed-Use Building with Retail Space
    Mixed-Use Building with Retail Space

    197 Lark Street, Albany, NY 12210

    $649,900
    3,160 sqft

    Street-level retail is leased while three residential units above generate monthly income, with a rare 2-car garage for parking or deliveries.

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    Mixed-Use Retail & Residential Property
    Mixed-Use Retail & Residential Property

    853 5th Avenue, Troy, NY 12182

    $265,000
    3,000 sqft 0.14 AC lot

    Corner lot with a commercial storefront plus two separate residential units, including a 2-bedroom home and a 1-bedroom unit.

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    Albany County, NY Triplexes Market Trends and Statistics

    Explore 48 triplexes for sale in Albany County, NY, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 128,299 square feet of properties for sale, with an estimated market value of $15,525,052.

    Sale prices for three-family homes in Albany County, NY start at $234,900, averaging $408,554, and reaching up to $989,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Albany County Real Estate Agencies

    Realmo connects you with licensed Albany County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NAI PLATFORM LLC
    14 CORPORATE WOODS BLVD STE 100 Albany, NY
    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany
    Vanguard-Fine LLC
    Albany, NY 12203
    www.vanguardfine.com

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