About This Home

This 6-bedroom, 2-bathroom multi-family at 528 1st Street in Albany, NY is listed for $139,000 ($53 per sqft). Built in 1890, the home offers 2,640 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1890
  • 0.07 acre lot
  • 2 parking spaces

Property Details

2 full
2 spaces
1890
Listing Description

Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually.

Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time.

Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!

Monthly Cost Estimate

$743/mo

20% down · 6.5% · 30 years

Principal$101
Interest$602
Insurance$41

Estimates only. Actual payments may vary.

Location

528 1st Street

Albany, NY 12206

Arbor Hill

Property Details

Construction

Vinyl Siding

Parking

Off Street

Heating

Hot Water(Heating)

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 528 1st Street is listed at $139,000 ($53/sqft). The estimated monthly payment is $744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1890, 0.07 acre lot, 2 parking spaces.

This property is listed by Saad Tai.

ST

Saad Tai

License 10401373295

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 202628385· Source: Global MLS, Inc.· 14 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.

528 1st Street, Albany, NY 12206

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