Albany Real Estate | Albany Properties between $250,000 and $300,000 for Sale

2 Beds ⋅ 3 Baths ⋅ 202622613 MLS

Welcome to your new home. This stunning townhouse offers 2 large bedrooms each with their own full bathroom. The first floor offers another half bathroom with stackable washer & dryer. Eat-in kitchen with direct access to your outside deck and back yard.

22 Woodside Drive

$275,000

202622605 MLS

3 acres of Rural Light Industrial zoned land just south of the Port of Albany, offering one of the Capital Region's most affordable light industrial land opportunities. Significant River Road frontage with public water available. Zoning supports a wide range of uses including contractor's shop, distribution, vehicle repair/towing, self-storage, garage, warehouse, and manufacturing. Excellent access - minutes from I-787 (Exit 2) via Southern Blvd., with quick connections to downtown Albany, the Port of Albany, and the regional highway network. Current owner plans on clearing the land, delivering a site ready for your development plans. Priced at $275,000 ($83.333/acre). Rare chance to secure well-located, affordably priced industrial land in the Port of Albany corridor.

225 River Road

$275,000

3 Beds ⋅ 2 Baths ⋅ 202622450 MLS

Open House Sunday, July 26th from 11:30 AM-1:00 PM. Welcome to Albany's Eagle Hill neighborhood, where you'll enjoy the convenience of city living in a neighborhood setting. This home features hardwood floors throughout the living room and two first-floor bedrooms, along with a spacious eat-in kitchen that opens through a sliding glass door to a newer rear deck. The finished walkout basement adds valuable living space with a second family room and an additional bedroom, offering flexibility for guests, a home office, or den. A recently widened driveway provides extra off-street parking. Complete with central air, natural gas heat, and public water and sewer. Easy to show, inquire today!

14 Warren Avenue

$289,900

8 Beds ⋅ 2 Baths ⋅ 202622366 MLS

Opportunity knocks to own a completely renovated two-family in Albany with both units vacant and ready to go. The property has been remodeled from top to bottom and features 4 total bedrooms, 2 full bathrooms, updated kitchens with solid-surface countertops, beautifully tiled baths, brand-new wide-plank flooring, and fresh finishes throughout. Both units are also equipped with mini-split systems providing efficient heating and cooling for year-round comfort. With no existing tenants or leases in place, the new owner has the flexibility to set rents at current market rates from day one. Also a great option for an owner-occupant looking to move right in and use the second unit to help offset their monthly payment. All the work has already been done--bring your tenants or move in and make it yours!

31 Bertha Street

$250,000

5 Beds ⋅ 3 Baths ⋅ 202622293 MLS

Attention investors! This income-producing opportunity at 97 3rd Ave, Albany, NY comes with paying tenants already in place, providing immediate rental income from day one. ROPs are in place, making this an excellent addition to an investment portfolio. Conveniently located in Albany's South End, the property offers easy access to downtown Albany, the Empire State Plaza, Albany Medical Center, Albany Law School, Albany Capital Center, the Port of Albany, and the Albany-Rensselaer Amtrak Station. Nearby shopping, restaurants, parks, schools, and major roadways including I-787 and the New York State Thruway provide convenient access throughout the Capital Region. Whether you're expanding your rental portfolio or seeking a turnkey investment with established occupancy, this property offers strong potential in a well-connected location. Don't miss the opportunity to own an income-generating property with tenants already in place and convenient access to many of the area's key destinations. Buyers are encouraged to verify all property information and perform their own due diligence.

97 3rd Avenue

$299,900

4 Beds ⋅ 2 Baths ⋅ 202622139 MLS

Wecome to 27 Ramsey Place! This 4 bedroom 1.5 bath Colonial is located just off New Scotland Ave and within walking distance to St Peters, Alabany Med and major roadways. Sit back and relax on your covered front porch and enjoy the quiet evenings. Inside you will find nice foyer with built in storage, formal living room with fireplace, formal dining room both with custom mouldings. Off the dining room you have a den/office for your work from home needs. Updated kitchen with kitchen island, stainless steel appliances and access to mudroom and modern half bath. Upstairs you will find 4 bedrooms and a full bath. Walk up attic for storage. Hardwood floors throughout. There is a wood deck off the back of the home perfect for your bbq and patio furniture. Yard for the family to play in and there is a detached 2 car garage thatis being sold AS-IS. Albany City Schools and the taxes shown are with no exemptions.

27 Ramsey Place

$279,900

4 Beds ⋅ 2 Baths ⋅ 202622126 MLS

For the discerning historian, preservationist, and proud Albany resident, a singular opportunity awaits directly across from the majestic Ten Broeck Mansion. Believed to be the oldest standing wood-frame home in the city, the revered Joseph Hall House is a rare and profound connection to Albany's earliest days. This is not merely a house; it is a preserved artifact, boasting extraordinary provenance and antique details, including wide-plank ''pumpkin'' pine floors that whisper stories of the past. The groundwork for a magnificent legacy has been laid: the charming residence features four bedrooms and two full baths and a lower level with income-generating apartment potential that will shine with your finishes. Outside, enjoy a fabulous screened porch, a small greenhouse, and magical gardens originally designed by a master gardener creating a private oasis on one of the largest lots in the Ten Broeck triangle. All this secured with a two-car garage and ample off-street parking. Located in the sought after Ten Broeck triangle neighborhood, with downtown walkability to restaurants, theaters, and nightlife. The most exciting chapter, however, is yet to be written. This historic jewel presents a opportunity for a new steward to personalize the finishing details. This targeted investment promises not just an enhancement of the home's exceptional character but also a value return on your devotion to historic preservation. Own a piece of history and secure its future. This is the one.

10 Ten Broeck Place

$289,900

3 Beds ⋅ 2 Baths ⋅ 202622005 MLS

A rare opportunity to own two parcels offering the perfect combination of a beautifully updated home and exceptional income potential. This sale includes 51 & 53 Benson Street, featuring a move-in ready 3-bedroom, 1.5-bath bungalow, 8 detached garages, and immediate rental income. Four garages are located on the homesite, with an additional four on the adjoining parcel. Three garages are currently leased, providing income from day one. The home blends classic charm with modern updates, featuring hardwood floors, a bright living room, an updated kitchen with granite countertops, stainless steel appliances, a center island, spacious dining area, first-floor bedroom, full bath, laundry area and office space, plus an enclosed front porch. Upstairs offers two additional bedrooms, an updated half bath, and a versatile bonus space. Whether you're looking for an owner-occupied home with supplemental income or a unique investment opportunity, the garages offer endless possibilities for rental income, storage, workshop space, or hobby use. Conveniently located just off Central Avenue with easy access to shopping, restaurants, hospitals, and major highways, this one-of-a-kind property is a must-see. **See list of details in documents. Some photos have been virtually staged. Make sure to check out the virtual tour and YouTube video.**

51 Benson Street

$299,900

3 Beds ⋅ 2 Baths ⋅ 202621912 MLS

Timeless elegance, modern living and an unbeatable location in the heart of Albany just seconds from the Capital. Built in 1870, this is truly a piece of history. Featuring 3 bedrooms and 2 full bathrooms, the home showcases tall ceilings, hardwood floors, stone countertops, original marble decorative fireplaces, and historic details throughout. Enjoy the comfort of central air, along with a partially finished basement offering flexible space for a home office, recreation area, or additional storage. Outside, relax or entertain on the newer Trex patio. This rare historic residence offers the perfect blend of period elegance, modern comfort, and an exceptional city lifestyle.

155 Eagle Street

$269,900

3 Beds ⋅ 1 Baths ⋅ 202621865 MLS

Welcome home to this tastefully updated bungalow at 17 Tremont St, in a convenient Albany location. Inside, you'll find an enclosed front porch, bright living room, dining room, an updated kitchen featuring stainless steel appliances & butcher block countertops -- perfect for entertaining or everyday living. Three comfortable bedrooms & a renovated bathroom round out the main living space, while a back enclosed porch provides additional flex space for a home office, mudroom, or sunroom. This home has been thoughtfully updated throughout, including: Updated windows for improved energy efficiency New flooring throughout Renovated bathroom Fresh paint throughout New boiler (2023) Storage won't be an issue with the full attic, offering plenty of room for all your seasonal items and extras. Outside, enjoy a spacious .14-acre lot with generous side & back yard space. The paved driveway offers off-street parking for up to 3 vehicles. Location: just 11 minutes to Albany International Airport, 13 minutes to the NYS Capitol in the heart of downtown Albany, and 7 minutes to Colonie Center -- putting shopping, dining, travel, and city life all within easy reach. Bonus for investors: this home has a track record as an Airbnb and mid-term rental, offering fantastic income potential for the next owner.

17 Tremont Street

$300,000

202621755 MLS

Versatile Albany property offering approximately 3,376 square feet of space on a 0.26-acre lot. Currently configured as an office building, the property presents an excellent opportunity for continued professional use, redevelopment, or potential conversion to multifamily apartments. Convenient Clinton Avenue location with access to major roadways, public transportation, downtown Albany, and area amenities. A compelling opportunity for investors, developers, or owner-users seeking a property with adaptable space and future potential. Residential conversion is subject to zoning, municipal approvals, building codes, and buyer due diligence.

519 Clinton Avenue

$299,900

6 Beds ⋅ 2 Baths ⋅ 202621689 MLS

Opportunity meets versatility at 339 Delaware Avenue, Albany, NY 12209! This spacious 6-bedroom, 2-bath home offers 2,772 sq. ft. of comfortable living, making it an excellent choice for first-time homebuyers seeking room to grow or investors looking for strong rental potential. Extra rental income of $2,750 monthly. Sunlight pours through the large windows, filling the home with warmth, while the inviting sunroom provides the perfect space to relax, work from home, or enjoy your morning coffee. Generous living areas and a flexible layout offer endless possibilities to fit your lifestyle. Located within the highly regarded Albany School District, this home combines space, value, and location. Schedule your private showing today and discover everything this property has to offer!

339 Delaware Avenue

$289,999

3 Beds ⋅ 2 Baths ⋅ 202621236 MLS

Timeless Charm with Endless Potential! Lovingly cared for by the same family for more than 68 years, this charming 1926 Colonial-inspired home with inviting bungalow appeal offers 1,575 square feet of warmth, character, and opportunity. Rich in history and craftsmanship, you'll appreciate the beautiful original dark woodwork and molding, hardwood floors throughout, a striking vintage staircase, an inviting fireplace, and gorgeous original stained glass windows that fill the home with colorful character and timeless elegance. Begin your day or unwind in the evening on the relaxing covered front porch. Gather with friends on the spacious rear deck overlooking the nicely manicured backyard. Whether entertaining, gardening, or simply enjoying the quiet surroundings, the outdoor spaces offer room to appreciate every season. Thoughtfully maintained through the years, this home is ready for its next chapter. Being sold ''As Is'', it presents a wonderful opportunity for buyers to update, personalize, and build equity while preserving the architectural details and enduring craftsmanship that make this home truly special. Additional highlights include a bonus space on the second level with a sink and walk-in closet, presenting endless possibilities; a paved driveway; detached two-car garage; and a quiet, established neighborhood that feels tucked away from the busyness of the city while only minutes from shopping, dining, parks, schools, medical facilities, and everyday conveniences. Enjoy the rare combination of peaceful surroundings with convenient access to everything offered in the Capital Region. If you've been searching for a home with heart, history, and exceptional potential, this is your opportunity to become the next owner of a home that has been treasured for generations-creating your own memories while preserving its remarkable legacy.

19 Harris Avenue

$267,900

3 Beds ⋅ 1 Baths ⋅ 202621234 MLS

Charm, character, and versatility come together in this delightful bungalow nestled in a welcoming neighborhood. Thoughtfully updated while preserving its original charm, this inviting home offers the perfect blend of timeless character and modern convenience. The updated kitchen features contemporary finishes and includes space for a cozy breakfast table, making it the perfect spot to enjoy your morning coffee or casual meals. The renovated bathroom blends style and functionality, while the home's thoughtful layout provides comfortable living spaces for everyday life. Adding to its timeless appeal are two beautiful stained glass windows, showcasing the craftsmanship and character that make homes of this era so special. Upstairs, you'll discover two versatile bonus rooms ready to fit your lifestyle. Whether you envision a home office, playroom, dressing room, craft room, reading retreat, or fitness space, the possibilities are endless. Outside, enjoy a yard that's just right for relaxing, gardening, or entertaining. Conveniently located near shopping, restaurants, parks, hospitals, and major highways, this home combines charm, convenience, and flexibility. If you've been searching for a home with character, modern updates, and spaces that can grow with your needs, 31 Tremont Street is ready to welcome you home. Schedule your private showing today!

31 Tremont Street

$285,000

9 Beds ⋅ 3 Baths ⋅ 202620998 MLS

INVESTOR ALERT If you've been waiting for a property with strong income potential in a neighborhood on the rise, this one deserves a look. This hard-to-find 9-bedroom, 3-bath, 3-unit multifamily offers exceptional income potential, with projected gross monthly rents of up to $4,500. This an excellent opportunity to generate immediate cash flow while benefiting from the property's long-term investment potential. Located in Albany's South End, this property sits directly across the street from ongoing redevelopment activity in a neighborhood seeing continued investment and revitalization. Whether you're looking to owner-occupy or add to your investment portfolio, don't let this MONEY MAKER escape! Schedule your showing today!

123 Clinton Street

$289,900

4 Beds ⋅ 2 Baths ⋅ 202620639 MLS

This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street

$289,000

2 Beds ⋅ 2 Baths ⋅ 202620578 MLS

Exceptional two-family property in the heart of Albany, offering a strong opportunity for both owner-occupants and investors. Located on a quiet, tree-lined one-way street just steps from the vibrant Lark Street district, this property combines neighborhood charm with convenient access to restaurants, cafes, shops, parks, and entertainment. The private fenced backyard provides valuable outdoor space, perfect for relaxing, gardening, or enjoying city living with added privacy. The upper unit features a unique loft-style layout with the bedroom on its own level, creating a desirable separation between living and sleeping areas and giving the space a distinctive multi-level feel. Whether you are looking to live in one unit while generating rental income from the other or expand your investment portfolio, this well-positioned two-family offers location, character, functionality, and income potential in one attractive package.

377 Hamilton Street

$290,000

2 Beds ⋅ 2 Baths ⋅ 202620242 MLS

Welcome to the heart of Center Square, where historic charm meets modern comfort! This beautifully updated home offers the perfect blend of original character and thoughtful upgrades, featuring hardwood floors throughout, abundant natural light & exceptional living spaces designed for today's lifestyle. The renovated gourmet kitchen is a standout; showcasing high-end cherry cabinetry, solid surface countertops, subway tile backsplash, stainless steel appliances, built-in features, a second prep sink & an oversized breakfast bar perfect for gathering with family and friends. Just beyond, a spectacular 160sqft four-season sunroom serves as an extension of the living space, surrounded by windows and skylights that flood the home with natural light year-round. The first floor also offers recessed lighting throughout, fresh paint on walls, trim & doors, convenient first-floor laundry & a beautifully renovated half bath. Upstairs, you'll find two generously sized bedrooms w/ hardwood flooring & recessed lighting. The first bedroom features a large walk-in closet, while an oversized hall walk-in closet provides exceptional storage & could easily serve as a compact home office, reading nook, or flex space. The fully renovated full bathroom is a showstopper; featuring dual vanities, freestanding soaking tub, walk-in shower, skylight & cedar closet, bringing a luxurious, spa-like feel rarely found in Center Square homes. Outside, enjoy a fully fenced backyard w/ maintenance-free composite decking & six-foot vinyl privacy fencing, creating the perfect setting for entertaining, gardening, or relaxing outdoors. Additional highlights include brand-new HVAC & A/C, updated lighting throughout & a location that places you just steps from Center Square's renowned restaurants, cafés, Washington Park, Lark Street, and everything downtown Albany has to offer. A rare opportunity to own a move-in ready Center Square home w/ modern amenities, exceptional outdoor space & updates!

236 Elm Street

$275,000

6 Beds ⋅ 3 Baths ⋅ 202619927 MLS

Turnkey investment opportunity in Albany! This fully tenant-occupied three-unit property features a total of 6 bedrooms and 3 full bathrooms, providing immediate and consistent rental income. Situated on a rare double lot at 88-90 Ontario Street, this income-producing asset offers added land value and future potential. All units are occupied with established tenants in place, making it an ideal addition to any investor's portfolio.

88 Ontario Street

$299,000

8 Beds ⋅ 2 Baths ⋅ 202619924 MLS

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.

187 N Lake Avenue

$299,000

5 Beds ⋅ 3 Baths ⋅ 202619806 MLS

Beautifully Renovated 5-Bedroom Albany Home with Modern Updates and Timeless Charm! Welcome to 2 Manning Square, a beautifully renovated home that seamlessly blends classic character with modern conveniences. Offering 5 spacious bedrooms and 2.5 bathrooms, this move-in-ready property provides an abundance of space for comfortable living, entertaining, and working from home. Step inside to find a bright and inviting interior featuring fresh updates throughout, including stylish finishes, updated flooring, modern lighting, and refreshed kitchen and bath spaces. The spacious living and dining areas create a warm and welcoming atmosphere, perfect for hosting family gatherings or enjoying everyday life. The flexible floor plan offers plenty of room for a growing household, guest accommodations, or dedicated home office space. Outside, enjoy a manageable yard with space for outdoor relaxation, gardening, or summer barbecues. The home's attractive curb appeal and recent improvements make it a standout opportunity for buyers seeking both value and convenience. Ideally located near downtown Albany, major highways, public transportation, schools, shopping, restaurants, hospitals, and parks, this home provides easy access to everything the Capital Region has to offer. Whether you're a first-time homebuyer, upgrading to more space, or looking for a turnkey investment property, 2 Manning Square is ready for its next owner. Don't miss this opportunity to own a beautifully updated home that combines space, style, and convenience in one of Albany's most accessible locations. Schedule your private showing today and see all that this exceptional property has to offer!

2 Manning Square

$300,000

4 Beds ⋅ 3 Baths ⋅ 202619620 MLS

Motivated Seller. Fully upgraded 2 family -can be used for commercial. Excellent Condition. New Roof, New Furnace, New Kitchens, New Bathrooms, New appliances. First floor unit with 2 bed 1 bath. Second floor unit with 2 bed 2 bath. Estimated rental $3200 per Month.

70 N Lake Avenue

$260,000

6 Beds ⋅ 3 Baths ⋅ 202618685 MLS

Welcome to this exceptional triplex property located at 313 1st Street in the heart of Albany, NY. This investment opportunity is perfect for both seasoned investors and first-time buyers looking to capitalize on the rental market. Property Features: Units: The triplex consists of three maintained units, each offering its own unique charm and appeal. Size: With a spacious layout, each unit features ample living space, bright natural light, and comfortable bedrooms. Location: Situated in a vibrant neighborhood, this property is conveniently located near local amenities, public transportation, parks, and schools, making it ideal for tenants. Potential Income: With strong rental demand in the area, this triplex presents an excellent opportunity for generating income. Parking: The property includes off-street parking for residents, adding to its convenience and appeal. This triplex is not only a fantastic investment opportunity but also a wonderful place to call home. Whether you're looking to occupy one unit and rent out the others or solely use it as an investment property, 313 1st Street is a must-see. Don't miss your chance to own this prime piece of real estate in Albany!

313 1st Street

$299,000

6 Beds ⋅ 2 Baths ⋅ 202618468 MLS

This fully occupied duplex in Albany's sought-after Pine Hills, adjacent to Helderberg, boasts mirrored 3BD, 1BA layouts in each unit, providing ample space for tenants. Located a short walk from Albany Medical Center, St. Peter's Hospital, and vibrant New Scotland Avenue, with popular spots like Ale & Oyster and Tipsy Moose nearby, this property is perfect for investors seeking a prime location. Both units MTM, upstairs is rented for $1,550 and downstairs for $1,500.

88 Woodlawn Avenue

$289,900

5 Beds ⋅ 3 Baths ⋅ 202618282 MLS

Great Opportunity to convert this mixed-use building into a side-by-side 2 family located on the prime corner of New Scotland and S. Main. Currently set up with offices on the left side and a 2 bedroom/1 bath apartment on the right. With a full basement and separate utilities, it would be an easy conversion making this into cash cow. Walking distance to hospitals, schools, restaurants, and shopping. Take advantage of this hard-to-find great deal!

538 New Scotland Avenue

$259,000

6 Beds ⋅ 2 Baths ⋅ 202617519 MLS

Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

10 Hurlbut Street

$290,000

5 Beds ⋅ 3 Baths ⋅ 202616892 MLS

This charming 2-family home sits on a lively street where you'll never miss a beat. Ideally located near the highway, shopping centers, gyms, and restaurants -- ensuring strong rental demand year-round. Recent improvements include a new rear porch, sprinkler system, and updated flooring, reducing future maintenance costs. Currently occupied by stable tenants, this property delivers reliable cash flow from day one. A solid addition to any investment portfolio.

446 2nd Avenue

$289,900

4 Beds ⋅ 2 Baths ⋅ 202616557 MLS

Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2 car detached garage, another 5 bay garage with 8 vacant land parcels. The first floor apartment is renovated in the two family but the 2nd floor needs rehab. Both units are occupied with longer term tenants. The first floor pays $750 and the second floor pays $650 and both are month to month. Enjoy plenty of off street parking and a 2 car detached garage. This property is in the middle of Albany revitalization project of upwards of $177 million of brand new 2 family homes being built all around the South end of Albany. Don't miss this unique opportunity to have instant equity in this great project. Rents could be much higher with HUD fair market rents at $1,702 per month for the year of 2026. All data, dimensions and tax map numbers are attached under documents. Properties MUST be sold as a package.

13 Batcher Street

$299,900

9 Beds ⋅ 2 Baths ⋅ 202615722 MLS

Don't miss this incredible opportunity in Albany! This fully renovated row house with in law apartment features 9 spacious bedrooms and 2 modern bathrooms, making it perfect for a student rental or a large household looking for plenty of space. Everything is brand new -- updates include: Gas meter & electrical (200 Amp service), Windows, plumbing, and water line, Siding, gutters, and freshly poured concrete sidewalks (front & back), New flooring, paint, tile, and Sheetrock throughout, Beautifully updated kitchen with granite countertops, new cabinets, and modern finishes, New hot water tank for efficiency and reliability. Enjoy the blend of classic Albany character and modern upgrades in this move-in-ready property. With strong rental history currently making $3,000 a month with potential for up to $4,400 per month when fully occupied, and nothing left to update, this home is a fantastic investment opportunity or a comfortable home for a large family

3 Manning Square

$274,900

2 Baths ⋅ 202613937 MLS

PRICE IMPROVEMENT! Exceptional mixed-use investment or owner-user opportunity located directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. Beginning August 15, both the street-level commercial space and second-floor one-bedroom apartment will be delivered vacant, allowing the next owner to establish market rents, occupy the commercial space, or create a live/work arrangement. The street-level commercial space offers excellent visibility, steady pedestrian traffic, and existing restaurant infrastructure, including a built-in commercial kitchen hood, grease trap, and private restroom, while remaining adaptable for restaurant, café, bakery, retail, office, professional services, salon, or other permitted commercial uses. The second-floor one-bedroom apartment provides an excellent opportunity for rental income or owner occupancy. Additional highlights include a roof replaced in August 2020 and convenient access to downtown businesses, restaurants, government offices, public transportation, and major highways. Both the commercial space and apartment are also being offered for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Both the commercial space and residential apartment are also available for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Property is being sold AS-IS. Buyers should perform their own due diligence. Showings by appointment only.

54 James Street

$269,900

3 Beds ⋅ 3 Baths ⋅ 202613903 MLS

Looking for your next project? Look no further! Investor special with strong upside potential! This spacious brick triplex offers a fantastic opportunity for renovation and value creation. Featuring high ceilings, original architectural details, and multiple fireplaces, the home has solid bones and plenty of character ready to be brought back to life. Natural light flows throughout, and the property includes classic elements such as original trim work and exposed brick, offering the perfect canvas for a modern restoration. The property is in need of some renovation and is being sold as-is making it ideal for investors, contractors, or buyers looking to customize a property to their vision. Conveniently located near local amenities, transportation, and neighborhood conveniences. Bring your ideas and unlock this property's full potential! Seller is open to subject to or seller financing. Ask listing agent for details.

247 Quail Street

$274,900

5 Beds ⋅ 2 Baths ⋅ 202613146 MLS

Well-maintained two-family investment property in Albany's desirable Pine Hills neighborhood. Both units currently have long-term tenants who would like to renew their leases. Property features separate utilities, a large driveway with ample off-street parking, and a small backyard area. Coin-operated washer and dryer located in the basement. The second unit has been recently fully renovated, while the first unit has been freshly painted with refinished floors. Convenient Albany location close to colleges, hospitals, shopping, and restaurants.

511 Morris Street

$289,000

2 Beds ⋅ 3 Baths ⋅ 202612684 MLS

Maintained triplex conveniently located from state & legislative gov't institutes, Albany Medical Center & St. Peter's hospitals, Washington Park, SUNY campus, popular eateries, galleries, coffee shops, nightlife & many more favored city attractions. Original details still adorned throughout such as high ceilings, oversized windows, decorative wood moldings, exposed brick, etc. Spacious units. Outdoor space perfect for entertaining during the warmer season.

397 Washington Avenue

$260,000

202611331 MLS

Call for offers! Property did not go under contract in the last round of consideration. Offer submission deadline for board consideration is now June 7th at 8pm. EST. 1.95 acres in the Arbor Hill neighborhood of Albany offered for sale and potential redevelopment. R-2 (residential two-unit) zoning district allows for the following permitted as-of-right and/or conditional uses: Two-unit dwelling, townhouse [style] dwelling, community residential facility, park, and religious institution.

575 Lark Drive

$250,000

3 Beds ⋅ 2 Baths ⋅ 202529607 MLS

Welcome home to this beautifully renovated residence offering modern comforts, thoughtful layout, and inviting outdoor spaces. Featuring 3 spacious bedrooms and 2 full baths, this home is designed to meet the needs of today's lifestyles. The main floor includes a convenient first-floor bedroom and full bath, ideal for multi-generational living or guests seeking privacy and accessibility. A bright and welcoming covered front porch sets the tone as you enter into the open, updated interior showcasing polished hard wood floor, fresh paint throughout, and stainless steel appliances in the stylish kitchen. Upstairs, you'll find two additional bedrooms and a second full bath, with new luxury vinyl plank flooring, providing ample space for family or work-from-home flexibility. Step outside to enjoy year-round outdoor living with a covered back deck, perfect for entertaining or relaxing in any weather. The fully fenced backyard offers privacy and space for pets, play, or gardening--without compromising comfort on sunny or rainy days. Additional features include a clean, functional basement with laundry facility, providing convenience and extra storage. Move-in ready and updated from top to bottom, this home combines comfort, practicality, and modern style. Don't miss your chance to make it yours!!

94 Kent Street

$280,000

4 Beds ⋅ 2 Baths ⋅ 202527066 MLS

2 family -a perfect opportunity to owner occupy or invest!. Home features NEW laminate floors, New Roof, NEW paint with NEW stainless steel appliances. Add this investment property to your portfolio before its too late!

118 N Allen Street

$270,000

202526159 MLS

Here's a great opportunity to own both the real estate and business. This well-established, successful corner store and restaurant sits just off Madison Avenue in a busy Albany neighborhood, close to Washington Park and the University at Albany. The property comes with a full commercial kitchen with proper venting, recent upgrades throughout, and strong potential for continued growth. Perfect for an owner-operator or investor looking for a solid business in a prime location.

301 Ontario Street

$279,999

202430182 MLS

Investors, Developers & Small Business Owners - Don't Miss This Opportunity! This fully renovated C1 multi-use building offers incredible potential. Upgraded in 2013 with modern utilities, steel supports, and a poured concrete basement, it's move-in ready. The high-visibility first floor is ideal for a fast-food concept—burger, chicken, or pizza—with equipment negotiable. The second floor is a blank canvas, perfect for offices, a dental clinic, or apartment units. Included is a 0.05-acre corner lot, offering room for parking, storage, or expansion. A prime location to bring your business or development vision to life!

263 S Pearl Street

Albany Properties between $250,000 and $300,000 for Sale

Newest Albany Properties between $250,000 and $300,000 for Sale