254 2nd Street, Albany, NY 12206

This versatile property offers 3-4 bedrooms, 1 full bath, eat in kitchen, newer boiler and hot water heater. With low annual taxes of just $1,900 (school and property combined), it's a smart financial choice for both homeowners and investors. The 4th bedroom could also be a family room. Currently, Equinox offered rent of $1,650/month, and Section 8 will pay up to $1,651/month—making this a solid income-producing option. The property includes a valid ROP through October 2025, and the city maintains the vacant lot next door—so you get the benefit of extra space without the upkeep. Whether you're looking to own or invest, this home offers the best of both worlds: affordability, convenience, playground across the street and income potential. Needs new floors, some TLC and sold ''AS IS'