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Local Realty Service Provided By: Coldwell Banker King George Realty

501 2nd Street, 
Albany, NY 12206

$105,000


3

Beds


2

Baths


1,540

Sq Ft


Multi-Family

Sold

Listed by

Natalie Pinkham

, 

Lindsay Carr

Bought with M J J Realty

Berkshire Hathaway Home Services Blake

1 518-371-8040

MLS#

202614547

Source:

Global MLS

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About This Home

501 2nd Street

Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028. Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1900

Price Summary

145,000

$94 per Sq. Ft.

MLS #:

202614547

Sold:

July 16, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,540 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,540 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$145,000

Price per Sq. Ft:

$94 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.