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501 2nd StreetAlbany, NY 12206Price: $145,000

  • Price: $145,000
  • Est. Mortgage of $/month
  • 84 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 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.
  • $145,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.07Acreage
  • 1,540Square Feet
Listed by Natalie Pinkham of Berkshire Hathaway HomeServices Blake,REALTORS
Pending
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206
501 2nd Street Albany NY 12206

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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

Property Details of 501 2nd Street

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 "Based on information submitted to Global MLS as of June 29, 2026 1:14 PM UTC . 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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