97 3rd Avenue
Albany, NY, 12202 $ 250,000
Bedrooms5 Baths2.1 Sq 1,540 Monthly Estimate*
$ 1,579
for $250,000 with 5 bedrooms and 2 full baths, 1 half bath. This 1,540 square foot home was built in 1900 on a lot size of 0.12.
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession At Closing
Zoning Multi Residence
Garage Spaces 0.0
Construction Materials Vinyl Siding
Year Built 1900
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions Start at Albany City Hall 24 Eagle Street. Head south on Eagle Street toward Howard Street. Turn left onto Madison Avenue. Continue for approximately 0.3 miles. Turn right onto South Pearl Street
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5227.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1479.62
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=27456&lang=en-US
Structure Type Townhouse
Standard Status Active
Tax Assessed Value 0
Tax Lot 65.000
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InteriorBasement Full
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 1540.0
Half Baths 1
Total Bedrooms 5
Below Grade Finished Area 0.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 3
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ExteriorExterior Amenities None
Parking Features None
Water Source None
Total Parking 0.0
Lot Size Area 0.12
Spa N
Lot Dimensions 51 X 100 X 51 X 100
Lot Size Acres 0.12
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByJerome NewkirkListing Agent
Revision Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,579
- Monthly Property Taxes
- $123
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Albany, NY
Average List Price $370,724
Percent of Sale Price 48%
About Albany, NY 99,338 Population
4% Since 2002
$ 44,478 Median Income
33.63 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/22/2026 | $250,000 | | Listed Price |
97 3rd Avenue, Albany, NY, 12202 is a Multi-Family Home for sale at $250,000 with 1,540 sqft and a lot size of 0.12. 97 3rd Avenue has 5 bedrooms, 2.1 baths, and was built in 1900. The property's zip code is 12202 which is in Albany, NY