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156 S Swan Street, 
Albany, NY 12210

$649,900

7

Beds

7

Baths

3,762

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Patrick J Mcsharry

Mcsharry And Associates Realty LLC.

1 518-439-3547

Last updated:

September 11, 2026, 02:44 PM

MLS#

202625684

Source:

Global MLS

About This Home

156 S Swan Street

Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.

Home Facts

Multi-Family

7 Baths

7 Bedrooms

Built in 1885

Price Summary

649,900

$172 per Sq. Ft.

MLS #:

202625684

Last Updated:

September 11, 2026, 02:44 PM

Added:

3 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

3,762 Sq. Ft.

Structure

Structure

Architectural Style:

Apartment 4 Plus Unit

Building Area:

3,762 Sq. Ft.

Year Built:

1885

Lot

Lot Size (Sq. Ft):

871

Finances & Disclosures

Finances

Price:

$649,900

Price per Sq. Ft:

$172 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.