About This Home

This 6-bedroom, 2-bathroom multi-family at 402 2nd Street in Albany, NY is listed for $65,000 ($28 per sqft). Built in 1930, the home offers 2,300 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1930
  • 0.07 acre lot

Property Details

2 full
1930
Listing Description

Motivated Seller -- Bring Your Offer! Investor Special in Albany! This up-and-down duplex at 402 2nd Street offers a prime value-add opportunity for investors, flippers, contractors, or buyers looking for their next rehab project. The property needs extensive renovation throughout, including significant interior and exterior updates, but offers strong upside potential for the right buyer.

Featuring a traditional duplex layout with separate units, the property provides the potential for future rental income, an owner-occupant setup, or a full investment renovation. Conveniently located near downtown Albany, schools, parks, shopping, and major highways. Bring your vision, tools, and offer -- this is a full rehab with serious potential. Motivated seller and ready to consider offers!

Monthly Cost Estimate

$348/mo

20% down · 6.5% · 30 years

Principal$47
Interest$282
Insurance$19

Estimates only. Actual payments may vary.

Location

402 2nd Street

Albany, NY 12206

Property Details

Construction

Wood Siding

Heating

Natural Gas

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 402 2nd Street is listed at $65,000 ($28/sqft). The estimated monthly payment is $348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.07 acre lot.

This property is listed by Jeury Lugo.

JL

Jeury Lugo

License 10401347643

Agent at KW Platform

Listed by KW Platform · Broker phone: (518) 724-5800 · View on Broker Site · Broker website

MLS# 202617576· Source: Global MLS, Inc.· 161 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

402 2nd Street, Albany, NY 12206

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