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186 2nd AvenueAlbany, NY 12202Price: $199,000

  • Price: $199,000
  • Est. Mortgage of $/month
  • 120 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $199,000List Price
  • 6Bedrooms
  • 2Bathrooms
  • 0.06Acreage
  • 2,472Square Feet
Listed by Craig Cioffi of Weichert Realtors-Reliable Properties
Pending
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202
186 2nd Avenue Albany NY 12202

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Prime Investment Opportunity: High-Yield Multi-Family in Albany Attention investors! This vacant, turnkey-ready multi-family property is a high-yield asset waiting to be added to your portfolio. This property offers the perfect blend of immediate cash flow potential and value-add opportunity. Each apartment features a flexible 3-bedroom floor plan specifically designed to qualify for 4-bedroom HUD/Section 8 rent subsidies. Vacant & Ready: No need to navigate existing leases or tenant relocations. This property is delivered vacant. Value-Add Potential: The building is in solid condition but requires minor TLC. paint, minor flooring, and appliances. Excellent Cash Flow: Between the HUD-friendly layout and the low entry price point, the ROI on this property outpaces many others in the Capital Region. Don't miss out on this high-performing asset. --- Unit Configuration Estimated Market Rent HUD Payment Standard (2026) 3-Bedroom Unit $1,827 / mo 4-Bedroom Unit $2,013 / mo

Property Details of 186 2nd Avenue

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 "Based on information submitted to Global MLS as of May 15, 2026 10:14 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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