About This Home

This 6-bedroom, 3-bathroom residential multi family at 408 Elk Street in Albany, NY is listed for $248,900 ($106 per sqft). Built in 1916, the home offers 2,350 sqft of living space on a 0.04 acres lot.

Key Features

  • Built in 1916
  • 0.04 acre lot

Property Details

3 full
1916
Listing Description

Investor Opportunity or owner-occupant Dream! Don't miss this income-generating duplex on Elk Street in one of Albany's most convenient locations. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income, this property offers flexibility and strong potential.

Key Highlights: 2nd Unit- Updated bathrooms, kitchen, flooring and new painting last year. Basement- new floor tiles and new paint. High rental demand area. Located just minutes from University at Albany, SUNY, Albany Medical Center, shopping and restaurants.

Monthly Cost Estimate

$1,331/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,079
Insurance$73

Estimates only. Actual payments may vary.

Location

408 Elk Street

Albany, NY 12206

Property Details

Construction

Aluminum Siding Shingle Siding

Heating

Electric (Heating)Natural Gas

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 408 Elk Street is listed at $248,900 ($106/sqft). The estimated monthly payment is $1,332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.04 acre lot.

This property is listed by Wai Wai Paing and can be reached at 5187077482.

WP

Wai Wai Paing

Agent at Real Broker NY LLC

(518) 707-7482

Listed by Real Broker NY LLC · View on Broker Site

MLS# 202613321· Source: listhub· 111 days on market

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.

408 Elk Street, Albany, NY 12206

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