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501 2nd Street

Albany, NY 12206
  • $145,000
  • STATUS: Active
  • MLS #: 202614547
New
UPDATED: 64 min ago
$145,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,540
    SQFT
  • $94
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028. Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher

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© 2026 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 2026-04-10T10:12:06.017.
www.heerrealty.com/homes/174899308
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501 2nd Street Albany, NY 12206

  • Price: $145,000
  • Status: Active
  • On Site: Days
  • Updated: 64 min ago
  • MLS #: 202614547
3
Beds
2
Baths
0
½ Baths
0.07
Acres
1,540
SQFT
$94
$/SQFT
1900
Built
County:
Albany
Area:
Albany
Elementary School:
Philip J. Schuyler Achievement
High School:
Albany
School District:
Albany
Property Description
Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028. Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher
Exterior Features

Architectural Style Traditional Attached Garage YN No Construction Materials Other Door Features [] Exterior Features None Fencing Back Yard Foundation Details Brick/Mortar Lot Features Road Frontage Other Structures [] Parking Features Off Street Patio And Porch Features Rear PorchCoveredEnclosed Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features Wood Frames

Interior Features

Basement Interior Entry Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring CarpetLaminate Heating Forced AirNatural Gas Heating YN Yes Interior Features Paddle Fan Laundry Features Common AreaElectric Dryer HookupMain LevelWasher Hookup

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric 100 Amp Service Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] New Construction YN No Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Duplex Security Features Fire Alarm Sewer Public Sewer Special Listing Conditions Standard Tenant Pays [] Utilities [] Water Source Public

Listing information © 2026 Global MLS.
Listing provided courtesy of Natalie Pinkham of Berkshire Hathaway HomeServices Blake, REALTORS: 518-371-8040.



© 2026 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 2026-04-10T10:12:06.017.
 
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