$299,000
Albany, NY 12206
MLS# 202619924
8 beds
1 / 5
Property Description
Fantastic income-producing investment opportunity in Albany! This fully tenant-occupied two-family property features a total of 8 bedrooms and 2 full bathrooms, providing immediate rental income from day one. Whether you're looking to expand your portfolio or secure a cash-flowing asset, this turnkey property is one you won't want to miss.
Details
Maps
Contract Information
Original List Price: 299000
List Price/SqFt: 126.05
Status: Active
Property Sub Type: Duplex
List Price: $299,000
Current Price: $299,000
Listing Contract Date: 2026-06-15
Location
City/Town (Mail): Albany
Street Number: 187
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.66667
Geo Lon: -73.768007
Property Detail
Rooms Total: 14
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2372
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 1186
Below Grade Finished Area Source: Public Records
Living Area: 2372
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1900
Parcel, Tax, HOA
Parcel Number: 010100 65.47-3-14
Tax Annual Amount: 935.02
Tax Section: 65.47
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 14.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From Central Ave, turn onto N. Lake Ave. Continue north to 187 N. Lake Ave. Property will be on the left.
Public Remarks: Fantastic income-producing investment opportunity in Albany! This fully tenant-occupied two-family property features a total of 8 bedrooms and 2 full bathrooms, providing immediate rental income from day one. Whether you're looking to expand your portfolio or secure a cash-flowing asset, this turnkey property is one you won't want to miss.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Basement
Interior Entry: 1
Unfinished: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Forced Air: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Water Meter: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 4
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 4
Status Change Info
Status Change Date: 2026-06-17
Property Features
Architectural Style: Traditional
Basement: Interior Entry; Unfinished; Walk-Out Access
Construction Materials: Vinyl Siding
Exterior Features: None
Heating: Forced Air
Possession: At Closing
Separate Utilities: Electric; Gas; Heat; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of GROUP TWENTY SIX NY LLC
Listing Agent: Linda Chiou
516-512-1437 | linda@grouptwentysix.com
516-512-1437 | linda@grouptwentysix.com
