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About This Home
This 4-bedroom, 3-bathroom residential multi family at 43 Myrtle Avenue in Albany, NY is listed for $369,900 ($156 per sqft). Built in 1880, the home offers 2,376 sqft of living space on a 0.06 acres lot.
An exceptional opportunity to own a beautifully maintained income-producing brownstone in Albany's highly desirable historic Mansion Neighborhood. This impressive duplex features a spacious main residence offering 3 bedrooms and 2 full bathrooms, along with a charming garden apartment with 1 bedroom and 1 bathroom.
Numerous tasteful updates and renovations have enhanced the property's charm while adding clean, modern finishes throughout. Fully furnished and meticulously maintained, this turnkey investment offers both ease of management and strong cash flow. Currently operated as mid-term rentals catering to professionals, this property generates an impressive annual rental income of approximately $55,000.
Situated on a double lot with a unique two-car parking lot, this property truly stands out -- a rare and highly valuable feature in this historic neighborhood. Whether you are an investor looking for strong returns or an owner-occupant seeking supplemental income, this one-of-a-kind property offers the perfect blend of historic charm, modern updates, and exceptional investment potential in one of Albany's most sought-after locations.
***Main floor currently left vacant for showings/owner occupant buyer, furniture will be left for the new owner at additional cost.***
Key Features
- Built in 1880
- 0.06 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$1,978/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
43 Myrtle Avenue
Albany, NY 12202
Property Details
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 43 Myrtle Avenue is listed at $369,900 ($156/sqft). The estimated monthly payment is $1,603 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.06 acre lot, 2 parking spaces.
This property is listed by Stela Koeva and can be reached at 5186941027 or stelakoeva@yahoo.com.








