Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.
Property Type(s):
Multi Family
|
Last Updated
|
9/10/2026
|
Year Built
|
1930
|
|
Garage Spaces
|
1.0
|
County
|
Albany
|
SCHOOLS
| High School |
Colonie Central HS |
Additional Details
| AIR |
ductless |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
None |
| GARAGE |
Yes |
| HEAT |
Ductless, Electric |
| LOT |
3920 sq ft |
| LOT DIMENSIONS |
0.09 |
| PARKING |
Paved, Driveway, Garage |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
3925 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Keyology Realty
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email