502 Yates Street, Albany, NY, 12208
$309,999
activeBedrooms
6
Bathrooms
2
Lot Size
2,790 sqft
Year Built
1870
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Daniella Browne, Four Seasons Sothebys Intl
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jul 3, 2026, 7:09 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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