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15 N Lake Avenue

Albany, NY 12203
  • $299,000
  • STATUS: Closed
  • MLS #: 202424477
Sold - 11/25/2024
$299,000
SOLD - 11/25/2024
  • 8
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:
School District:

Description

Seize this fantastic opportunity to own a profitable, two-family property in a prime Albany location. This well-maintained property boasts two spacious units, each offering 4 beds and 2 full baths. With an impressive potential rental income exceeding $57,000 annually, this property promises strong returns. To top it off, the detached 3-car garage provides additional income potential, a perfect bonus for investors looking to maximize earnings. The first-floor unit is fully rented by the room with reliable tenants. The second-floor unit is strategically left with vacancies, with one room occupied, to allow for convenient showings. With many updates over the years and current ROPs, this property is ready for the next owner to step in and start earning.

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© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-05-13T14:12:33.193.
www.heerrealty.com/homes/154392454
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15 N Lake Avenue Albany, NY 12203

  • Price: $299,000
  • Status: Closed
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 202424477
8
Beds
4
Baths
0
½ Baths
0.07
Acres
1900
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Seize this fantastic opportunity to own a profitable, two-family property in a prime Albany location. This well-maintained property boasts two spacious units, each offering 4 beds and 2 full baths. With an impressive potential rental income exceeding $57,000 annually, this property promises strong returns. To top it off, the detached 3-car garage provides additional income potential, a perfect bonus for investors looking to maximize earnings. The first-floor unit is fully rented by the room with reliable tenants. The second-floor unit is strategically left with vacancies, with one room occupied, to allow for convenient showings. With many updates over the years and current ROPs, this property is ready for the next owner to step in and start earning.
Exterior Features

Architectural Style Other Construction Materials None Door Features [] Exterior Features [] Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features [] Patio And Porch Features [] Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Partial Cooling [] Fireplace Features [] Flooring [] Heating Hot Water Heating YN Yes Interior Features Other Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Ownership Lpj llc Property Condition [] Property Sub Type Duplex Security Features [] Sewer Public Sewer Special Listing Conditions [] Tenant Pays [] Utilities [] Water Source Public

Listing information © 2025 Global MLS.
Listing provided courtesy of Stela Koeva of Real Broker NY LLC: .



© 2025 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2025-05-13T14:12:33.193.
 
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