390 2nd Street, Albany, NY 12206 (MLS# 202613953)


$99,900
390 2nd Street
Albany, NY 12206
MLS# 202613953
Status: Contingent - Continue to Show
4 beds


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Property Description
Two-family home in Albany! Great investment potential! This property needs some work, but with the right vision, it can be transformed into a strong income-producing asset. Conveniently located near major highways and bus lines, making commuting easy for future tenants. Fix it up, rent it out, and start generating steady cash flow. Don't miss this opportunity to collect rental income from this promising property! Market rents could be 1702.00 each apartment so 3404 per month...40,848 rental income per year. Back on market buyer due to financing.

Details
Maps
Documents
Contract Information
Status: Contingent - Continue to Show
Property Sub Type: Duplex
Original List Price: 115000
List Price: $99,900
Current Price: $99,900
Listing Contract Date: 2026-03-26
List Price/SqFt: 58.08
Location
Street Number: 390
Street Name: 2nd
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.666087
Geo Lon: -73.76712
Property Detail
Rooms Total: 6
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1900
Above Grade Finished Area: 1720
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 1720
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-09-12
Under Contract Date: 2026-09-12
Contingent: Contingent - Continue to Show
Proposed Closing Date: 2026-09-30
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Separate Utilities
Number Of Separate Gas Meters: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 2
Property Features
Architectural Style: Other
Attic Features: Hatch
Basement: Full
Construction Materials: Vinyl Siding
Cooling: None
Door Features: ENERGY STAR Qualified Doors
Duplex Type: Up And Down
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: Garden
Fencing: Back Yard
Flooring: Laminate
Foundation Details: Brick/Mortar
Heating: Baseboard
Interior Features: Built-in Features; High Speed Internet
Laundry Features: Washer Hookup
Levels: Two
Listing Terms: Cash
Lot Features: Cleared; Level
Owner Pays: Trash Collection; Water
Parking Features: None
Patio And Porch Features: None
Possession: At Closing
Roof: Rubber
Security Features: Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Utilities: Cable Available
Window Features: ENERGY STAR Qualified Windows
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room

IDX
Listing Courtesy of Serenity Real Estate Team
Listing Agent: Arpi Balgin
518-229-8767 | arpihomes3000@gmail.com
Source MLS Verified

Information deemed reliable but not guaranteed.