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$529,000
4 Beds 4 Baths 963182 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street, Call Listing Agent

$539,000
4 Beds 4 Baths 963171 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including soaring cathedral ceilings, original fireplaces, crown molding, mantels, hardwood floors throughout, stained glass windows and much more, highlighting the home's historic character. The property offers separate utilities for added ease. Conveniently located in the Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

221 Lancaster Street, Call Listing Agent

$1,250,000
1044479 MLS
INVESTMENT OPPORTUNITY – TWO 5-UNIT MULTIFAMILY PROPERTIES | 10 UNITS | 7.5% CAP RATE Exceptional opportunity to acquire two 5-unit multifamily apartment buildings offering a combined 10 residential units and strong existing income. With a gross annual income of $146,052 and a 7.5% cap rate, this portfolio presents an attractive opportunity for investors looking to expand their holdings with an income-producing multifamily asset. Sparkill Avenue Property – 6,608 Sq. Ft. | 5 Units The larger building consists of four spacious two-bedroom apartments and one one-bedroom basement apartment. Tenants pay their own utilities, helping reduce the owner's operating expenses and supporting stronger overall cash flow. Second Property – 4,209 Sq. Ft. | 5 Units The second building offers a diversified unit mix consisting of three one-bedroom apartments, one two-bedroom apartment, and one studio apartment, providing rental options that appeal to a broad tenant base. Together, the properties offer approximately 10,817 square feet, 10 rental units, and an established income stream. The combination of multiple unit sizes, tenant-paid utilities at the Sparkill property, and a 7.5% cap rate makes this an opportunity worth serious consideration for both experienced multifamily investors and buyers looking to grow their real estate portfolio. 10 Units • $146,052 Gross Annual Income • 7.5% Cap Rate • Approximately 10,817 Combined Sq. Ft. A compelling multifamily investment with immediate income and long-term potential. Add two income-producing properties to your portfolio in one transaction. The other property adress is 287 Mrytle Ave.

34-36 Sparkill, Call Listing Agent

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