This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Property Type(s):
Multi Family
|
Last Updated
|
6/12/2026
|
Year Built
|
1913
|
|
Garage Spaces
|
3.0
|
County
|
Albany
|
SCHOOLS
Price History
|
Prior to Jun 12, '26
|
$1,100,000 |
| Jun 12, '26 - Today |
$1,075,000 |
Additional Details
| BASEMENT |
Apartment, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
None |
| GARAGE |
Yes |
| HEAT |
Hot Water |
| LOT |
6534 sq ft |
| LOT DIMENSIONS |
0.15 |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
9770 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Tier One Real Estate Pros LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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