Turnkey investment opportunity in Albany's West Hill neighborhood! This fully tenant-occupied two-family property features 8 bedrooms and 2 full baths across two spacious units, providing immediate rental income from day one. Both apartments are leased, making this an ideal addition to an investor's portfolio. Situated on two adjoining lots (197 & 199 N Lake Ave), this unique offering provides additional land value and future potential. Opportunity to own a cash-flowing asset with established tenants already in place.
Property Type(s):
Multi Family
|
Last Updated
|
6/17/2026
|
Year Built
|
1900
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Exterior Entry, Interior Entry, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
None |
| HEAT |
Forced Air, Natural Gas |
| LOT |
4792 sq ft |
| LOT DIMENSIONS |
0.11 |
| PARKING |
Off Street, Paved, Driveway |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
2054.06 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of GROUP TWENTY SIX NY LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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