106 Clermont StreetAlbany, NY 12203Price: $349,000

Spacious two-family duplex in the convenient Melrose neighborhood, offering flexibility for an owner-occupant or investor. Live in one unit while generating rental income from the other, or continue renting both units as an income-producing multifamily property. The spacious first-floor unit features 3 bedrooms, 2 full baths, an open floor plan, large kitchen and dining room, and hardwood floors. The private third bedroom offers its own full bathroom, kitchenette, and both interior and exterior entrances, providing flexible space for a bedroom, home office, guest room, or bonus room. The well-maintained second-floor unit features 2 bedrooms, 1 full bath, and a small office/flex space. Both units are currently leased through November 30. The first-floor tenant is expected to vacate early, with the unit anticipated to be available October 1. This provides a new owner with flexibility to occupy the first floor, continue renting both units, and purchase as an investment. Recent improvements include a roof approximately 10 years old, boilers approximately 5 years old, and hot water heaters approximately 5 years old. Enjoy outdoor space with a Trex deck off the rear of the home. Renewed ROPs were issued in August. A versatile two-family property offering rental income, separate living spaces, and flexibility for an owner-occupied multifamily or investment property.