501 2nd Street

Albany NY 12206

1540 sq. ft.

3049.2 sq. ft.

Duplex

Last sold for $105,000

Natalie Pinkham, last sold this property on 16 July 2026 after 99 days on market.

Overview

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

Features

3 bedrooms

2 bathrooms

1540 sq. ft. floor area

3049.2 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar 3 bedroom duplexes sold in Albany over the last 12 months.

Property history for 501 2nd Street

2026

Sold

$105,000

16 Jul 2026 by Natalie Pinkham, of Berkshire Hathaway Blake

Happy sellers in Albany

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