Prime Investment or Owner-Occupied Opportunity: 176 Exchange St.
2 Single-Family Homes on One Lot (Multi-Unit Setup)
Total Monthly Income / Potential: Front house estimated up to $2,500/mo (vacant) + Rear house currently rented at $1,950/mo.
Condition: Fully renovated and in excellent condition throughout.
**Property Overview**
Welcome to 176 Exchange St."”a rare and exceptional dual-property offering featuring two fully renovated, turnkey single-family homes on a single lot. Whether you are an astute investor looking for a strong, income-producing portfolio addition or a buyer wanting to offset your mortgage by living in one home and renting out the other, this property delivers unmatched versatility and value.
Front House (Vacant & Move-In Ready)
Size: 1,215 sq. ft.
Layout: 3 bedrooms, 1 bathroom, plus a flexible bonus room in the basement ideal for an office or additional bedroom.
Features: Includes convenient basement laundry hookups.
Rental Potential: Estimated up to $2,500 per month, making it ideal for an immediate tenant placement or an effortless owner-occupancy transition.
Rear House (Current Income Generator)
Layout: 2 bedrooms, 1 bathroom.
Current Status: Currently occupied and generating steady rental income at $1,950 per month
Upgrades: Features brand-new Mini-Split HVAC systems for efficient year-round climate control.
Mechanicals & Highlights
Upgraded Utilities: Both homes are separately metered for gas and electric, meaning tenants pay their own utilities.
Roof: Front house roof is under 8 years old, providing long-term peace of mind.
Modern Comforts: Fully renovated from top to bottom with updated plumbing and a brand-new hot water heater.
Low Maintenance: Both structures are in pristine, excellent condition, allowing you to move right in or start collecting rent with peace of mind.
Don't miss out on this turnkey dual-home property offering stellar cash flow and flexibility!
Property Type(s):
Multi Family
|
Last Updated
|
11/7/2026
|
Year Built
|
1998
|
|
County
|
Albany
|
SCHOOLS
| High School |
Colonie Central HS |
Additional Details
| BASEMENT |
Partial, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
Other |
| HEAT |
Hot Water |
| LOT |
0.47 acre(s) |
| LOT DIMENSIONS |
0.47 |
| PARKING |
Driveway |
| SEWER |
Shared Septic |
| STYLE |
Ranch |
| TAXES |
8439.17 |
| WATER |
Public |
Location
This listing courtesy of Weichert Realtors Reliable Properties
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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