About This Home

This 4-bedroom, 2-bathroom multi-family at 480 3rd Street in Albany, NY is listed for $190,500 ($81 per sqft). Built in 1938, the home offers 2,340 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1938
  • 0.15 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1938
Listing Description

INVESTORS & FIRST TIME BUYERS--- THIS ONE IS FOR YOU !!!! Why rent when you can own & start building equity? This two - family property offers an incredible opportunity to live in one unit , rent out the other and potentially live free. Each unit 2 bedroom & a bonus room could be another bedroom, 1 full bathrooms spacious layout.

Additional highlights include: 2,340 sq ft. Low taxes, Two parking pads , Large fenced yard. Both units are rented, month to month. Conveniently located near downtown, hospital, dining, and the bus line. Great opportunity you don't want to miss !

Monthly Cost Estimate

$1,019/mo

20% down · 6.5% · 30 years

Principal$138
Interest$826
Insurance$56

Estimates only. Actual payments may vary.

Location

480 3rd Street

Albany, NY 12206

Property Details

Flooring

LaminateCarpet

Construction

Vinyl Siding

Parking

Off Street

Heating

Natural GasHot Water(Heating)

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 480 3rd Street is listed at $190,500 ($81/sqft). The estimated monthly payment is $1,019 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.15 acre lot, 2 parking spaces.

This property is listed by Joyce Brown.

JB

Joyce Brown

License 40BR1150323

Agent at Howard Hanna Real Estate Services

Listed by Howard Hanna Real Estate Services · Broker phone: (518) 348-7100 · View on Broker Site · Broker website

MLS# 202623535· Source: Global MLS, Inc.· 81 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.

480 3rd Street, Albany, NY 12206

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