$395,000

40 Pinewood Avenue, Albany, NY 12208

6 beds |
2 baths |
2,400 sqft

Duplex
Built in 1930
6,534sqft lot
—— car garage
$165/sqft
Listed 1 month ago

Property Description

Welcome to this charming two-family home nestled in Albany's highly desirable Helderberg neighborhood. Each spacious unit features 3 bedrooms, 1 updated bathroom, and beautiful hardwood floors throughout, offering comfortable living for both owner-occupants and tenants alike. Ideally located near local hospitals, shops, restaurants, and everyday conveniences, this property presents an excellent opportunity for investors seeking strong rental income or buyers looking to offset their mortgage with additional revenue. Major updates and improvements provide peace of mind, including: two new water heaters (2025/2019), main sewer line relined (2019), expanded rear parking with 4-5 off-street spaces (2020), two chimneys relined and rebuilt from the roofline up (2023), new water line in 2024 (lead replaced) with inspected and properly tied-in drain line, plus new roof, windows, and siding. Don't miss your chance to own this well-maintained, move-in ready property in one of Albany's most sought-after neighborhoods!

Listing Status:: Pending
Date Added:: February 23, 2026
Data Last Updated:: April 2, 2026 at 6:37AM
Listing Office:: KW Platform : 518-724-5800
Listing Agent:: Ramiz Turan : 518-698-2818
MLS ID:: 202612363

General: Ceramic Tile BathPaddle FanBuilt-in Features
Basement: Full
Flooring: Ceramic TileHardwood
A/C: Window Unit(s)
Heating: Hot Water
Fireplace: Fireplaces: 0

General: Other
Style: Traditional
Parking: Off StreetPavedParking spaces: 4

Roofing: ShingleAsphalt
General: Aluminum SidingVinyl SidingConcrete Perimeter

HOA Amenities: Sewer
Originating MLS: Global MLS
School District: Albany
County: Albany

Zoning: Multi Residence010100 75.35-1-14

Utilities: 100 Amp Service
Water: Public
Sewer: Public Sewer

Source: Global MLS

This listing courtesy of Ramiz Turan , KW Platform

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

New Scotland Elementary School

385 New Scotland Ave, Albany, NY, 12208

Grades PK-5

0.18 miles away

Stephen and Harriet Myers Middle School

100 Elbel Ct, Albany, NY, 12209

Grades 6-8

0.61 miles away

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.