187 N Lake Avenue Albany, NY $ 299,000
187 N Lake Avenue
$ 299,000
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187 N Lake Avenue

Albany, NY, 12206
$ 299,000
Bedrooms8 Baths2.0 Sq 2,372

Monthly Estimate*

$ 1,888

187 N Lake Avenue, Albany, NY 12206 - Image 1
187 N Lake Avenue, Albany, NY 12206 - Image 2
187 N Lake Avenue, Albany, NY 12206 - Image 3
187 N Lake Avenue, Albany, NY 12206 - Image 4
187 N Lake Avenue, Albany, NY 12206 - Image 5

Multi-Family Home for sale in Albany, NY

for $299,000 with 8 bedrooms and 2 full baths. This 2,372 square foot home was built in 1900 on a lot size of 0.05.

Fantastic income-producing investment opportunity in Albany! This fully tenant-occupied two-family property features a total of 8 bedrooms and 2 full bathrooms, providing immediate rental income from day one. Whether you're looking to expand your portfolio or secure a cash-flowing asset, this turnkey property is one you won't want to miss.

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Multi-Family Active

Price

$ 299,000

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 935

Style

Traditional

Lot Size

0.05

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202619924

Features
General
Sewer Public Sewer
Heating Forced Air
Possession At Closing
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1900
Property Subtype Duplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 2
Status Active
Directions From Central Ave turn onto N. Lake Ave. Continue north to 187 N. Lake Ave. Property will be on the left.
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 2178.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 935.02
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
Standard Status Active
Tax Assessed Value 0
Tax Lot 14.000
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Interior
Basement Interior Entry Unfinished Walk-Out Access
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 2372.0
Half Baths 0
Total Bedrooms 8
Below Grade Finished Area 1186.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 2
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Exterior
Exterior Amenities None
Water Source Public
Lot Size Area 0.05
Spa N
Lot Size Acres 0.05
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 187
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* Excluded Features
List By
Linda Chiou

Listing Agent

Group Twenty Six Ny Llc

Broker

(516) 512-1437

Phone

linda@grouptwentysix.com

Email

Affordability Calculator

$1,966
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,888
Monthly Property Taxes
$78
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
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$299,000 Listed Price

Map


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187 N Lake Avenue, Albany, NY, 12206 is a Multi-Family Home for sale at $299,000 with 2,372 sqft and a lot size of 0.05. 187 N Lake Avenue has 8 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 12206 which is in Albany, NY