$250,000
Albany, NY 12202
MLS# 202622293
5 beds

1 / 36
Property Description
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!
Details
Maps
Documents
Contract Information
Original List Price: 250000
List Price/SqFt: 162.34
Status: Active
Property Sub Type: Duplex
List Price: $250,000
Current Price: $250,000
Listing Contract Date: 2026-07-21
Location
City/Town (Mail): Albany
Street Number: 97
Street Name: 3rd
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.640521
Geo Lon: -73.762815
Property Detail
Rooms Total: 12
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 1540
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 1540
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Dimensions: 51 X 100 X 51 X 100
Lot Size Acres: 0.12
Main Road Frontage: 51
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 5
Bathrooms Full: 2
Year Built: 1900
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76.64-2-65
Tax Annual Amount: 1479.62
Tax Section: 76.64
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 65.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Start at Albany City Hall, 24 Eagle Street.
Head south on Eagle Street toward Howard Street.
Turn left onto Madison Avenue.
Continue for approximately 0.3 miles.
Turn right onto South Pearl Street
Public Remarks: Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income.
One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood.
Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation.
Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!
Sewer
Public Sewer: 1
Architectural Style
Townhouse: 1
Attic Features
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Half Bath 1: 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
Other: 1
Water Source
None: 1
Heating
Natural Gas: 1
Parking Features
Parking Total: 0
None: 1
Separate Utilities
Not Separated: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 5
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: 2
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 2
Status Change Info
Status Change Date: 2026-07-21
Property Features
Architectural Style: Townhouse
Attic Features: None
Basement: Full
Construction Materials: Vinyl Siding
Exterior Features: None
Heating: Natural Gas
Parking Features: None
Possession: At Closing
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Other
Water Source: None
Listing Courtesy of Revision Real Estate
Listing Agent: Jerome P Newkirk
518-229-0366 | jpnrealty@yahoo.com
518-229-0366 | jpnrealty@yahoo.com


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