17 N Lake Avenue Albany, NY 12203
4 Beds
2 Baths
1,888 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,888 sqft
Price per Sqft $121
MLS Listing ID 202526311
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,292
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 65.62-2-60
Property Sub-Type Duplex
Source Global MLS
Property Description
Well-maintained two-family home located directly across from the University at Albany's Downtown Campus, with easy access to public transportation right on the bus line. Each floor features a spacious 2-bedroom, 1-bath layout with separate utilities and month-to-month leases in place. The upstairs unit currently rents for $1,296 per month (see agent remarks), while the downstairs unit rents for $1,000 per month and includes responsibilities for garbage, lawn care, and snow removal.
The upstairs apartment is heated by electric baseboards and features a brand-new oven installed in 2025. The downstairs unit has a brand-new gas forced hot air furnace installed in 2025, along with existing electric baseboard heat. The kitchen in the lower unit has also been updated with a new hood and refrigerator in 2024. Both units have access to a stackable washer and dryer located in the foyer; the washer is not currently functional due to a faulty motherboard, but the dryer is working.
Additional updates include new windows in the downstairs apartment (2023) and the roof was resealed in August 2024. All new OC permits have just been issued, making this property move-in ready and compliant. Whether you're an investor or looking to live in one unit and rent the other, this property offers strong rental potential in a high-demand area.
Location
State NY
County Albany
Zoning Multi Residence
Direction Western take left across from College
Interior
Heating Electric, Forced Air, Natural Gas
Flooring Carpet, Hardwood, Linoleum
Window Features Storm Window(s),Double Pane Windows,Curtain Rods
Exterior
Exterior Feature None
Utilities Available Cable Connected
Roof Type Rubber
Porch Front Porch
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 65.62-2-60
Special Listing Condition Standard
