54 McNutt Avenue Albany, NY $ 449,900
54 McNutt Avenue
$ 449,900
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54 McNutt Avenue

Albany, NY, 12205
$ 449,900
Bedrooms4 Baths2.0 Sq 1,296

Monthly Estimate*

$ 2,841

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Multi-Family Home for sale in Albany, NY

for $449,900 with 4 bedrooms and 2 full baths. This 1,296 square foot home was built in 1948 on a lot size of 0.32.

Great investment or owner-occupancy opportunity in desirable Colonie location! This well-maintained duplex offers a great combination of location and income potential. Each unit features 2 bedrooms, 1 full bath, kitchen, and living room, all conveniently situated on one level, with hardwood floors. Newer Pella vinyl replacement windows and a BRAND-NEW roof w/ warranty. Separate utilities for each unit, a clean asphalt driveway extending to the rear of the home, and asphalt walking paths along the side. Additional off-street parking is available in front with a convenient paved parking area. A standout feature is the large 2-car garage, offering an excellent opportunity for additional rental income--a rare feature in Colonie. Both units are currently rented at below market rents, providing a significant opportunity for a new owner to increase rental income and maximize the property's potential. Conveniently located with easy access to major highways, shopping, restaurants, and everyday amenities. Whether looking to add to your investment portfolio or owner-occupy while generating rental income, this property offers strong potential.

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Multi-Family Active

Price

$ 449,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,796

Style

Traditional

Lot Size

0.32

Year Built

1948

Town/City

Albany

County/Region

Albany

MLS | Web ID

202624922

Features
Interior
Interior Amenities Solid Surface Counters
Basement Full
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 1296.0
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling None
Possession At Closing
Roof Asphalt
Garage Spaces 2.0
Architectural Style Traditional
Construction Materials Clapboard
Year Built 1948
Tenant Pays Trash Collection Heat Cable TV Electricity Gas
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Other Structures Garage(s)
Full Baths 2
Status Active
Directions Central Av to McNutt Av
High School Colonie Central HS
City Colonie
High School District South Colonie
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 13939.2
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4796.0
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=29227&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 32.000
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Exterior
Fencing None
Parking Features Paved Driveway Garage
Lot Features Level
Water Source Public
Total Parking 8.0
Lot Size Area 0.32
Foundation Details Block
Spa N
Lot Size Acres 0.32
Waterfront Y/N N
Door Features Storm Door(s)
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Dominick Ieraci

Listing Agent

Kw Platform

Broker

(518) 339-0052

Phone

dieraci@kw.com

Email

Affordability Calculator

$3,240
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$400
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.
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Nearby
853309 Elementary School
853186 Middle School
Colonie Central HS High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$449,900 Listed Price

Map


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54 McNutt Avenue, Albany, NY, 12205 is a Multi-Family Home for sale at $449,900 with 1,296 sqft and a lot size of 0.32. 54 McNutt Avenue has 4 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 12205 which is in Albany, NY