Fantastic investment opportunity in the heart of Albany! This vacant triplex offers three spacious 3-bedroom units "” one with 2 full baths and two with 1 full bath each. The property has seen valuable updates including a roof less than 10 years old, newer flooring, and some newer windows. Each unit is bright, well-maintained, and ready for immediate occupancy "” perfect for investors or owner-occupants alike. The massive parking lot accommodates up to 16 vehicles, a rare find in the city! Excellent cap rate potential and conveniently located near Albany Medical Center, St. Peter's Hospital, bus lines, schools, and quick access to I-787, I-90, and major highways. Close to shopping, dining, and downtown Albany. Move-in ready and cash-flow capable "” this property is ready to go! Sale of 292 Catherine St includes vacant lot at 4 Avondale (76.54-3-36). PORTFOLIO DEAL AVAILABLE! Property can be sold with the massive duplex available next door at 178A Delaware.
Property Type(s):
Multi Family
|
Last Updated
|
10/16/2025
|
Year Built
|
1925
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| AIR |
None |
| BASEMENT |
Apartment, Exterior Entry, Finished, Full, Interior Entry, Yes |
| CONSTRUCTION |
Brick, Vinyl Siding, Wood Siding |
| EXTERIOR |
None |
| HEAT |
Baseboard, Natural Gas, Steam |
| INTERIOR |
Built-in Features, High Speed Internet |
| LOT |
6534 sq ft |
| LOT DESCRIPTION |
Landscaped, Level |
| LOT DIMENSIONS |
0.15 |
| PARKING |
Off Street, Paved, Driveway |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
8447.19 |
| UTILITIES |
Cable Available, Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Compass Greater NY, LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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