199 N Lake Avenue, Albany, NY 12206
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199 N Lake Avenue, Albany, NY 12206
199 N Lake Avenue, Albany, NY 12206
199 N Lake Avenue, Albany, NY 12206
199 N Lake Avenue, Albany, NY 12206
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Listed by Linda Chiou • GROUP TWENTY SIX NY LLC
$ 320,000
Est. payment /mo
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199 N Lake Avenue Albany, NY 12206

8 Beds

2 Baths

2,032 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,032 sqft

Price per Sqft $157

MLS Listing ID 202619923

Bedrooms 8

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,054

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Duplex

Source Global MLS

Property Description

Turnkey investment opportunity in Albany's West Hill neighborhood! This fully tenant-occupied two-family property features 8 bedrooms and 2 full baths across two spacious units, providing immediate rental income from day one. Both apartments are leased, making this an ideal addition to an investor's portfolio. Situated on two adjoining lots (197 & 199 N Lake Ave), this unique offering provides additional land value and future potential. Opportunity to own a cash-flowing asset with established tenants already in place.

Location

State NY

County Albany

Direction From Central Ave, turn onto N. Lake Ave. Continue north to 199 N. Lake Ave.

Interior

Heating Forced Air, Natural Gas

Exterior

Exterior Feature None

Parking Features Off Street, Paved, Driveway

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Albany

Others

Tax ID 010100 65.47-4-48

Special Listing Condition Standard


NEARBY SCHOOLS & PROPERTIES

Traci Cornwell

Traci Cornwell

Broker

+1(518) 334-3444

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199 N Lake Avenue