Price $250,000
Status Active
Beds 5
Baths 3 Baths
Home size 1,540 sqft
Lot Size 5,228 sqft
Days on Market 14
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!
Property Type(s): Multi Family
Last Updated 7/21/2026 Year Built 1900
County Albany

SCHOOLS

High School Albany

Additional Details

BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR None
HEAT Natural Gas
LOT 5227 sq ft
LOT DIMENSIONS 51 X 100 X 51 X 100
PARKING None, No Garage
SEWER Public Sewer
TAXES 1479.62
UTILITIES Sewer Connected
WATER None

Location

 

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