502 Yates Street

Call Listing Agent, NY 12208

About this property

Investor-friendly two-family property located in the Pine Hill neighborhood of Albany, offering strong income potential and flexibility for either owner occupancy or portfolio expansion. This multi-unit property features two spacious units- for a total of 6 bedrooms and 2 bathroom, along with generous living spaces and functional layouts throughout. The property has been extensively renovated, fully gutted, and completely redone, creating a move-in-ready opportunity with updated systems, finishes, and overall improvements already completed. The upstairs unit is currently occupied with rental income in place, while the first-floor unit offers additional rental upside or the flexibility for owner occupancy. Both apartments feature bright living areas, dedicated dining spaces, and updated interiors designed for comfortable everyday living. Additional highlights include off-street parking and a large backyard with the opportunity for a new owner to personalize and complete the outdoor space with their own finishing touches. Conveniently located near local restaurants, shopping, schools, hospitals, parks, and major roadways, this property presents a strong opportunity for investors or buyers seeking a turnkey multi-family property with immediate income potential and long-term value. Note: Some images are ai staged.

About this property

Investor-friendly two-family property located in the Pine Hill neighborhood of Albany, offering strong income potential and flexibility for either owner occupancy or portfolio expansion. This multi-unit property features two spacious units- for a total of 6 bedrooms and 2 bathroom, along with generous living spaces and functional layouts throughout. The property has been extensively renovated, fully gutted, and completely redone, creating a move-in-ready opportunity with updated systems, finishes, and overall improvements already completed. The upstairs unit is currently occupied with rental income in place, while the first-floor unit offers additional rental upside or the flexibility for owner occupancy. Both apartments feature bright living areas, dedicated dining spaces, and updated interiors designed for comfortable everyday living. Additional highlights include off-street parking and a large backyard with the opportunity for a new owner to personalize and complete the outdoor space with their own finishing touches. Conveniently located near local restaurants, shopping, schools, hospitals, parks, and major roadways, this property presents a strong opportunity for investors or buyers seeking a turnkey multi-family property with immediate income potential and long-term value. Note: Some images are ai staged.

Features and Additional Information

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$309,999 Pending
2,138 sqft

Presented By Smitchger Realty

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Get in touch today! Phone: 1-845-534-7874
Brokerage
Four Seasons Sothebys Intl
1-845-684-0084
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Area Information

| Albany County County |

$ 309,999
This listing is play_arrow 18.4% lower than the average in the area
$ 380,000 in the area
2,138 SqFt
This listing is play_arrow 35.1% larger than the average in the area
1,582 SqFt in the area
$ 145 $/SqFt
This listing is play_arrow 39.6% less than the average in the area
$ 240 $/SqFt in the area
157 days on site
This listing is play_arrow 441.4% above the average in the area
29 days on site in the area

Schools in the Area

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    Elementary School
    Albany School Of Humanities
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    Middle School
    Albany High School
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    High School
    Albany High School
Listed By Daniella Browne
Brokerage: Four Seasons Sothebys Intl

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