$320,000

199 N Lake Avenue, Albany, NY 12206

  • 8 beds |
  • 2 baths |
  • 2,032 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $157/sqft
  • Property List Date Icon Listed 19 days ago

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.

Listing Status:
Active
Date Added:
June 18, 2026
Data Last Updated:
July 4, 2026 at 11:38PM
Listing Office:
GROUP TWENTY SIX NY LLC : 518-201-9292
Listing Agent:
Linda Chiou : 516-512-1437
MLS ID:
202619923
  • Basement: UnfinishedWalk-Out AccessExterior EntryInterior Entry
  • Heating: Forced Air
  • General: None
  • Style: Traditional
  • Parking: Off StreetPavedDrivewayParking spaces: 2
  • General: Vinyl Siding
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: 010100 65.47-4-48
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Linda Chiou , GROUP TWENTY SIX NY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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