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51 Forest Avenue Albany, NY $ 369,000
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51 Forest Avenue
$ 369,000
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51 Forest Avenue

Albany, NY, 12208
$ 369,000
Bedrooms6 Baths2.0 Sq 2,640

Monthly Estimate*

$ 2,549

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Multi-Family Home for sale in Albany, NY

for $369,000 with 6 bedrooms and 2 full baths. This 2,640 square foot home was built in 1935 on a lot size of 0.15.

Welcome to 51 Forest Avenue, a beautifully maintained and freshly painted two-family home located in a highly desirable Albany neighborhood. Situated just off New Scotland Avenue, this property offers unbeatable convenience with quick access to local hospitals, universities, dining, and public transit. Both units are completely vacant, clean, and turnkey—making this an ideal opportunity for an owner-occupant looking to live in one unit while collecting rent from the other, or for an investor seeking a high-performing addition to their portfolio. **Key Features:** Layout: Classic up-and-down duplex offering two spacious units, each featuring 3 bedrooms and 1 full bathroom. Interior: Freshly painted throughout, showcasing charming original hardwood flooring and ample natural light. Mechanicals & Utilities: Separate electric, gas, heating, and water heaters for each unit, allowing tenants to pay their own utilities. Both hot water heaters new within 24 months. Parking & Exterior: Includes a detached 2-car garage along with a long driveway offering ample off-street parking for up to 6 vehicles total. Bonus Space: Full basement providing excellent storage options. Whether you're looking for a solid income-generating investment or a place to call home with built-in rental income, 51 Forest Avenue is fully prepared for its new owner. Schedule your showing today!

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Multi-Family Active

Price

$ 369,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,632

Style

Traditional

Lot Size

0.15

Year Built

1935

Town/City

Albany

County/Region

Albany

MLS | Web ID

202629299
Features
General
Sewer Public Sewer
Heating Radiant
Possession At Closing
Roof Asbestos Shingle
Zoning Multi Residence
Garage Spaces 2
Patio/Porch Features Porch Covered Front Porch
Architectural Style Traditional
Construction Materials Aluminum Siding Block Drywall
Year Built 1935
Tenant Pays Hot Water Heat Internet Water Cable TV Electricity Gas
Property Subtype Duplex
Ownership Peck
County Albany
New Construction false
Property Type MultiFamily
HOA false
Attached Garage false
Full Baths 2
Status Active
Directions New Scotland Ave to Forest Ave
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 6534
Carport Y/N N
Land Lease Y/N false
Tax Annual Amount 9632.24
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Concessions No
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=33806&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 50.000
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Interior
Basement Full Unfinished
Flooring Hardwood
Total Fireplaces 0
Basement (Y/N) N
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 2640
Half Baths 0
Total Bedrooms 6
Below Grade Finished Area 0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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Exterior
Exterior Amenities None
Parking Features Detached Driveway Garage
Water Source Public
Total Parking 6
Lot Size Area 0.15
Foundation Details Block
Spa N
Lot Size Acres 0.15
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Craig Cioffi

Listing Agent

East Greenbush - Weichert, Realtors® - Reliable Properties

Broker

Affordability Calculator

$3,351
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,549
Monthly Property Taxes
$803
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
10/30/2026$369,000 Listed Price

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51 Forest Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $369,000 with 2,640 sqft and a lot size of 0.15. 51 Forest Avenue has 6 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 12208 which is in Albany, NY

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