Albany, NY 12202,101 3rd Avenue
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Albany, NY 12202,101 3rd Avenue
Albany, NY 12202,101 3rd Avenue
Albany, NY 12202,101 3rd Avenue
Albany, NY 12202,101 3rd Avenue
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Listed by Leon Levy • Berkshire Hathaway Home Services Blake
$ 189,900
Est. payment /mo
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101 3rd Avenue Albany, NY 12202

4 Beds

3 Baths

1,750 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $108

MLS Listing ID 202610761

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1910

Annual Tax Amount $3,677

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25 x 100

Property Sub-Type Duplex

Source Global MLS

Property Description

Well-maintained brick two-family featuring long-term tenants and a recently painted exterior. This property offers excellent income stability with significant upside potential. With town approval and renovations, the building offers the possibility of updating the existing 3rd unit (buyer to perform due diligence) or simply add space to flow from the 1st floor down into the basement for a bi-level unit.

The basement is sheet-rocked and includes a framed kitchen (with gas already in place for the stove), living room, bedroom & full bathroom. The is a very strong value-add potential.

Current rents are $900 and $900 per month, well below 2026 Fair Market Rent estimates of $1,420/month for a two-bedroom in this zip code, presenting a compelling opportunity for future rent growth.

Additional features include coin-operated laundry in the basement, hardwood floors, skylight, gas stoves, dishwashers, private back decks, and a fenced backyard. An ideal investment for both seasoned and first-time investors seeking steady income with long-term upside. Separate utilities, hot air heating systems, and updated electrical add to the property's appeal.

ROP's, tax bills, PCD and rent roll are all attached to the MLS or available upon request.

Location

State NY

County Albany

Direction 787 South to 3B, right onto Green St., right onto Rensselaer St, left onto Hawk St S and will go slight left that turns into 3rd Ave

Interior

Heating Forced Air, Natural Gas

Flooring Wood, Carpet

Exterior

Exterior Feature None

Parking Features None

Roof Type Rubber

Porch Pressure Treated Deck, Rear Porch, Front Porch

Building

Lot Description Level, Road Frontage, Cleared

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Albany

Others

Tax ID 010100 76.64-2-67

Special Listing Condition Standard


Inglenook Realty, Inc.

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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101 3rd Avenue