About This Home

This 4-bedroom, 2-bathroom multi-family at 54 McNutt Avenue in Albany, NY is listed for $449,900 ($347 per sqft). Built in 1948, the home offers 1,296 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1948
  • 0.32 acre lot
  • 8 parking spaces

Property Details

2 full
2-car garage
1948

Amenities

Hardwood
Listing Description

Great investment or owner-occupancy opportunity in desirable Colonie location! This well-maintained duplex offers a great combination of location and income potential. Each unit features 2 bedrooms, 1 full bath, kitchen, and living room, all conveniently situated on one level, with hardwood floors.

Newer Pella vinyl replacement windows and a BRAND-NEW roof w/ warranty. Separate utilities for each unit, a clean asphalt driveway extending to the rear of the home, and asphalt walking paths along the side. Additional off-street parking is available in front with a convenient paved parking area.

A standout feature is the large 2-car garage, offering an excellent opportunity for additional rental income--a rare feature in Colonie. Both units are currently rented at below market rents, providing a significant opportunity for a new owner to increase rental income and maximize the property's potential.

Conveniently located with easy access to major highways, shopping, restaurants, and everyday amenities. Whether looking to add to your investment portfolio or owner-occupy while generating rental income, this property offers strong potential.

Monthly Cost Estimate

$2,406/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

54 McNutt Avenue

Albany, NY 12205

Features & Amenities

Interior Features

Solid Surface Counters

Property Details

Flooring

Hardwood

Construction

Clapboard

Parking

DrivewayGarage

Heating

Forced AirNatural Gas

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 54 McNutt Avenue is listed at $449,900 ($347/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1948, 0.32 acre lot, 8 parking spaces. Interior Features: Solid Surface Counters.

This property is listed by Dominick Ieraci.

DI

Dominick Ieraci

License 30IE0802009

Agent at KW Platform

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

MLS# 202624922· Source: Global MLS, Inc.· 62 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.

54 McNutt Avenue, Albany, NY 12205

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