This well maintained 3-unit property in Albany offers strong rental potential and an excellent opportunity for investors or owner-occupants. The first floor unit has 1 bedroom and is currently rented, while the second-floor unit offers 2 bedrooms and is also rented. The basement unit includes 2 bedrooms and is currently vacant, providing an immediate opportunity to generate additional rental income. Conveniently located with easy access to local restaurants, shops, and everyday amenities, this property combines a desirable location with excellent income potential. A great opportunity for investors looking to expand their portfolio or an owner-occupant seeking additional rental income.
Active
$279,990
118 2nd Street, Albany, NY 12210
5beds
1,760sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$274,100 Zestimate®
$159/sqft
$-- HOA
What's special
- 3 days |
- 569 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Empire Real Estate Firm LLC 518-662-7653,
Sean Daley 518-390-0578
Source: Global MLS,MLS#: 202623852
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Features
- Basement: Full
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
- Finished area above ground: 1,760
- Finished area below ground: 880
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Patio & porch: Rear Porch
- Exterior features: None
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 010100 65.73518
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $102,083
- Annual tax amount: $2,501
- Date on market: 8/12/2026
Estimated market value
Zestimate®
$274,100
Estimated sales range
$260,000 - $288,000
Rent Zestimate®
$1,705/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $279,990+483.3%$159/sqft |
Source: | ||
| 6/3/2016 | Sold | $48,000$27/sqft |
Source: Public Record Report a problem | ||
| 1/27/2016 | Sold | $48,000-54.3%$27/sqft |
Source: | ||
| 10/7/2015 | Sold | $105,000+13%$60/sqft |
Source: Public Record Report a problem | ||
| 6/30/2014 | Listing removed | $92,900$53/sqft |
Source: Listhub #201405359 Report a problem | ||
| 5/16/2014 | Price change | $92,900-7%$53/sqft |
Source: Listhub #201405359 Report a problem | ||
| 5/2/2014 | Price change | $99,900-9.1%$57/sqft |
Source: Listhub #201405359 Report a problem | ||
| 4/17/2014 | Price change | $109,900-7.6%$62/sqft |
Source: Listhub #201405359 Report a problem | ||
| 4/3/2014 | Price change | $118,900-20.7%$68/sqft |
Source: Listhub #201405359 Report a problem | ||
| 7/26/2013 | Listed for sale | $149,900+8.6%$85/sqft |
Source: Listhub #201325043 Report a problem | ||
| 8/16/2006 | Sold | $138,000+94.4%$78/sqft |
Source: Public Record Report a problem | ||
| 5/2/2002 | Sold | $71,000+102.9%$40/sqft |
Source: Public Record Report a problem | ||
| 8/28/2001 | Sold | $35,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $98,000 |
| 2024 | -- | $98,000 +22.5% |
| 2023 | -- | $80,000 |
| 2022 | -- | $80,000 |
| 2021 | -- | $80,000 |
| 2020 | -- | $80,000 |
| 2019 | -- | $80,000 |
| 2018 | -- | $80,000 |
| 2017 | $5,614 -28.6% | $80,000 -33.3% |
| 2016 | $7,862 | $120,000 -13.8% |
| 2015 | -- | $139,200 |
| 2014 | -- | $139,200 |
| 2013 | -- | $139,200 |
| 2012 | -- | $139,200 |
| 2011 | -- | $139,200 |
| 2010 | -- | $139,200 |
| 2009 | -- | $139,200 |
| 2008 | -- | $139,200 |
| 2007 | -- | $139,200 +142.1% |
| 2006 | -- | $57,500 |
| 2005 | -- | $57,500 |
| 2004 | -- | $57,500 |
| 2003 | -- | $57,500 -1.2% |
| 2002 | -- | $58,200 |
| 2001 | -- | $58,200 |
| 2000 | -- | $58,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Arbor Hill
Nearby schools
GreatSchools rating
- 4/10Arbor Hill Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10William S Hackett Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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