Albany Properties between $400,000 and $450,000 for Sale

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Newest Albany Properties between $400,000 and $450,000 for Sale

$419,000

5 Beds ⋅ 3 Baths ⋅ 202628940 MLS

Welcome everyone to this well maintained 3 family home. This investment can become a great opportunity for owner to occupy or to build an investment portfolio. The upstairs unit is currently rented with HUD (section 8), long-term tenant paying $1500 for the 3 bedrooms. The bottom and rare apartment and is currently vacant, which can be rented for market value.

359 Second Avenue, Albany

$430,000

6 Beds ⋅ 3 Baths ⋅ 202628815 MLS

Take advantage of this versatile, well-maintained two-family property offering excellent income potential and flexible living arrangements! Whether you're looking to generate rental income or offset your mortgage by living in one unit and renting the other, this property offers plenty of possibilities. The first-floor unit features 3 bedrooms, 2 full bathrooms, a living room, dining room, and an additional rear area for living space, and it leads to a lovely deck—perfect for enjoying outdoor space. . The second-floor unit offers 3 bedrooms, 1 full bathroom, a living room, dining room, and an enclosed front porch that provides additional versatile space. The property also features a clean, dry basement with ample storage potential, off-street parking, coin-operated laundry, and separate utilities—all valuable amenities for both residents and property owners. Conveniently located near hospitals and the SUNY campus, this property offers an appealing location for homeowners and potential tenants alike. Live in one unit and rent the other, or add this promising property to your investment portfolio! Don't miss this opportunity to own a well-maintained two-family home with plenty of potential.

638 Providence Street, Albany

$425,000

3 Baths ⋅ 202628536 MLS

Excellent opportunity to own an established neighborhood tavern and mixed-use property in Albany's Pine Hills neighborhood! Casey Finn's Pub & Grill has been a neighborhood fixture for over 20 years and is being offered as a turnkey business and real estate package for $425,000. The property features a fully equipped bar, kitchen/preparation area, outdoor patio, and a two-bedroom apartment on the second floor providing additional rental income. Located just one block from the College of Saint Rose campus, with a proposed 160-unit, 55+ residential development nearby. Sale includes the real estate, operating business, furniture, fixtures, and equipment. Ideal opportunity for an owner-operator or investor looking to acquire an established hospitality business with income-producing real estate. Seller financing may be considered on the business portion for qualified buyers. Showings by appointment only.

507 Yates Street, Albany

$449,000

6 Beds ⋅ 4 Baths ⋅ 202628433 MLS

85 South Lake Ave is a unique two-family duplex rowhouse located in one of Albany's best rental corridors - directly on Washington Park. Each apartment has two floors of living space, three bedrooms and two full bathrooms each. The total living space is 2,639 sq. ft. Both units have been renovated and updated. Major improvements include; new water and sewer lines, plumbing, kitchens, updated electrical, new windows, added insulation, newly painted, new exterior stairs, washer and dryer hook-ups, motion senser lighting, new and updated bathrooms. The main roof and furnace are approximately 10 years old. Front porch and kitchen roof are less than two years old. Each unit includes large rooms and closets, comfortable living spaces, ample natural light and functional layouts. The utilities are not split and have never been a cost or convenience issue. The building is incredibly efficient, being a row house with new insulation and windows. This building is a great turn-key investment opportunity - ready to rent or for owner occupied. Gross annual rental revenue is over $51,000. Both units are currently vacant due to renovation, creating the rare opportunity for the owner to place their own tenants at current market rates to maximize cash flow. The prime location makes renting easy - 98% occupancy rate over the last 30 years. On-street parking is readily available at all hours - most of the row houses have off-street parking. Off-street parking is possible with City of Albany approval.

85 S Lake Avenue, Albany

$409,900

3 Beds ⋅ 2 Baths ⋅ 202628123 MLS

Welcome to 3 Academy Rd, a 1925 Colonial offering 2,518 sq ft of freshly updated living space in one of Albany's most convenient locations. The first floor features new flooring throughout, a bright living room, a dining area with classic window detail, and a renovated kitchen with shaker cabinetry, stainless appliances, and plenty of counter space. A glass door off the main level opens to the level backyard. Upstairs you'll find 3 bedrooms and an updated full bath, with a half bath on the first floor for added convenience. Ductless mini splits provide efficient heating and cooling, along with natural gas hot water baseboard heat. A full basement offers great storage. Outside, enjoy a detached 2 car garage and paved driveway with parking for up to 5 vehicles, a rare find in the city. Public water and sewer. Just off New Scotland Ave, minutes to the medical and college corridor, shopping, dining, and major routes. Move in ready, schedule your showing today!

3 Academy Road, Albany

$403,000

4 Beds ⋅ 3 Baths ⋅ 202628006 MLS

Welcome to this bright and airy four-bedroom Tudor-style home! Featuring 2½ baths and storage galore, this lovingly maintained property offers the perfect blend of charm, comfort, and convenience. Enjoy a two-car detached garage, additional off-street parking, and a cozy backyard ideal for relaxing or entertaining. Speaking of entertaining, the fully finished basement offers endless possibilities for a recreation room, home office, fitness area, or additional living space. Cherished by the same family for generations, this home has been meticulously maintained and lovingly cared for throughout the years. Located in a convenient suburban setting with easy access to everyday amenities, it is also just minutes from two major hospitals and nearby universities. Full of character, space, and warmth, this special home is ready to welcome its next chapter!

292 Whitehall Road, Albany

$424,500

3 Beds ⋅ 4 Baths ⋅ 202627601 MLS

Nicely maintained maisonette-style property situated along one of Hudson Park's rare cobblestone blocks. Easily accessible to Washington & Hudson/Jay St Parks, Albany Medical Center & St. Peter's Hospital's, SUNY, Albany Law & Pharmaceutical campuses, Lark St corridor, state & legislative institutions, coffee shops, galleries, nightlife and an array of other desirable downtown entities. Separate residences spanning over 2,400+ SQFT across three aesthetically pleasing levels, this historical home features 3 bedrooms, 3 1/2 baths, modern amenities throughout, a private oasis-like backyard & so much more. Additional highlights include bamboo/wood floors, SS appliances, 2nd FL W/D, ceramic tile bath w/soaking tub & skylights. Garden unit is currently being leased for $1,200/month, $14,400 annually with the tenant responsible for paying all utilities - leased until 7/1/2027. A smart investment or savvy owner-occupied opportunity - let your tenant assist with the mortgage while you build equity.

204 Jay Street, Albany

$412,000

4 Beds ⋅ 3 Baths ⋅ 202627106 MLS

Don't miss this beautifully updated Colonial home on a quiet, tree-lined street! Conveniently located near SUNY Albany, Stuyvesant Plaza, and the NYS Harriman Office Campus, this spacious home offers comfort, style, and convenience. Featuring 4 bedrooms, 3 bathrooms, a modern kitchen, and an attached garage, this home has everything you need. Pride of ownership shines throughout, from the well-maintained oak hardwood floors to the beautifully landscaped yard, inviting screened porch, and thoughtfully updated Primary ensuite and kitchen addition at the back of the house. A convenient first-floor laundry closet adds everyday functionality, while the spacious basement provides plenty of room for storage or a large workshop. Additional highlights include a walk-up attic, a brand-new central air conditioning system, a new driveway, new shingled back roof, and so much more. With its desirable location, thoughtful updates, and wonderful outdoor spaces, this home is ready to welcome its next owner. Don't wait--schedule your showing appointment today!

13 Cambridge Road, Albany

$429,900

5 Beds ⋅ 4 Baths ⋅ 202626755 MLS

Timeless Elegance: Tradition Meets Today Near Albany's Cherished Washington Park. This handsome 2,893 sq. ft. Late Victorian blends ornate details with modern amenities in the heart of historic downtown Albany. Designed and built by a prominent architect for his own family in 1885, it impresses from the covered front porch with original door through the stunning grand foyer and throughout its three levels of living space each highlighted with period craftsmanship. Period details include: dramatic foyer with statement staircase, mahogany wainscot walls, coffered ceiling, and trim, decorative leaded window, transom windows above all bedrooms doors, three striking fireplaces, hardwood floors, and more. Beyond the character, it also offers Andersen replacement windows throughout, an updated boiler, an elegant tiled modern ensuite bathroom, refinished hardwood flooring and hand-restored intricate millwork. Maintained by one family since 1980, it stands proudly on a corner lot with a spacious backyard just steps from the popular Washington Park, Albany Med, SUNY downtown campus, Albany College of Pharmacy, Albany Law School as well as cultural, retail, entertainment and dining highlights.

114 S Lake Avenue, Albany

$400,000

5 Beds ⋅ 3 Baths ⋅ 202626375 MLS

With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

4 View Avenue, Albany

$425,000

5 Beds ⋅ 2 Baths ⋅ 202621604 MLS

INVESTOR ALERT: 3 PARCELS, 1 PRICE! Striking 2-family corner home with stucco exterior & Spanish tile roof — 5 beds, 2 baths, 2,808 sqft. Spacious living rooms, generous kitchens, comfortable bedrooms in each unit. The game-changer: THREE separate tax parcels (319, 317 & 315 McCarty Ave) with development potential on the adjacent lots. Fenced 4-car parking garage. Minutes to highways, shopping, hospitals & schools. Live in one, rent the other — or build your empire!

319 McCarty Avenue, Albany

$445,900

10 Beds ⋅ 3 Baths ⋅ 202620596 MLS

Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue, Albany

$419,900

3 Baths ⋅ 202620096 MLS

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

407 Central Avenue, Albany

$425,000

202619745 MLS

Opportunity awaits as this mixed use property located in a high traffic area on Central Ave with a huge parking lot hits the market!! This building has been remodeled and features an established hair salon on the first floor and an apartment on the second floor! First floor features include an entry, two bathrooms, a large waiting room and four additional large rooms with stations in them. Possibilities are endless here! Second floor features include gleaming hardwood floors, awesome remodeled eat in kitchen with granite countertops and stainless steel appliances, cozy large living room, office area, large bedroom, remodeled bathroom! There is plenty of parking here and also a garage! A must see!

1056 Central Avenue, Albany

$429,900

3 Baths ⋅ 202613709 MLS

Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany. The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals. The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use. With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop. Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.

854 Madison Avenue, Albany

$400,000

2 Baths ⋅ 202530314 MLS

This hip, urban, center square location is a brick, 1920's built, zoned R2C which means it can stay commercial or be used single family or two family residential. Completely rebuilt from the interior with new wiring, and electrical panel, heating and AC updated, concrete footings added, resurfaced facade patio side, extremely private courtyard, new blacktop alleyway, new roof on entire building, inside new sheet rocked walls, fully insulated, new flooring, tile in the kitchen, bar and bathrooms, granite in kitchen and bar areas, high end tables and chairs, commercial grade appliances, laundry space, office perfect for a small restaurant operation. Conveniently located to everything downtown Albany.

340 Hamilton Street, Albany

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Albany Properties between $400,000 and $450,000 for Sale

Newest Albany Properties between $400,000 and $450,000 for Sale

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