ACTIVE
$320,000
Est. Monthly
$1,517/MO
$320,000
199 N Lake Avenue, Albany, NY
8 Beds2 Baths2,032 SqFt0.11 Acres
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.
StatusActive
Property TypeMulti Family
Property SubtypeDuplex
Year Built1900
Est. Monthly Payment
$1,516.79
%
%
yr
Private Mortgage Insurance
Not required
Affordability Checkoptional
$
Property Details
Property Information
Status
Active
Property Type
Multi Family
Property Subtype
Duplex
Year Built
1900126 years ago
Tax History
Estimated values, may not reflect current amounts.
- Annual Tax Amount$2,054
Property History
- Listed for saleJun 18, 2026 • GLOBAL MLS • 202619923$320,000
Mortgage Calculator
Estimated monthly payment for this property
$1,516.79
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$
Private Mortgage Insurance
Not required — down payment above 20%
MLS Information
- SourceGlobal MLS
- MLS#202619923
- Listing OfficeGROUP TWENTY SIX NY LLC
- Last Updated7 hours ago
Climate & Systems
- HeatingForced Air
Interior Features
- Basement
- Unfinished
- Walk-Out Access
- Exterior Entry
- Interior Entry
Parking
- Parking Features
- Off Street
- Paved
- Driveway
- Parking Spaces2
Lot & Grounds
- Lot Size0.11 acres
- Exterior FeaturesNone
Type
- Property TypeMulti Family
- Property SubtypeDuplex
- Architectural StyleTraditional
Structure
- ConstructionVinyl Siding
Condition
- Year Built1900
- WaterPublic
- SewerPublic Sewer
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