About This Home

This 6-bedroom, 2-bathroom multi-family at 81 N Allen Street in Albany, NY is listed for $339,900 ($157 per sqft). Built in 1900, the home offers 2,166 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1900
  • 0.09 acre lot

Property Details

2 full
1900

Amenities

Hardwood
Listing Description

Perfect owner-occupy or investment opportunity in the heart of Albany's highly desirable Pine Hills neighborhood! This well-maintained two-family home offers the ideal combination of comfortable living and strong rental income potential. The first-floor unit features 2 spacious bedrooms, durable plank flooring, a beautifully updated oversized bathr

oom with travertine tile, and a large eat-in kitchen with granite tile countertops and a center island. This unit is currently rented to students. The vacant upper unit spans two floors and offers 4 bedrooms plus a den, making it ideal for student housing or a large family.

Features include beautiful hardwood floors, ceramic tile and plank flooring, a spacious eat-in kitchen, full bath, and additional storage space. With an estimated rental potential of up to $3,000 per month when rented to students, this unit offers an excellent opportunity for immediate cash flow.

Additional highlights include a large basement laundry room with washer and dryer hookups, plenty of storage space, and a spacious backyard perfect for entertaining, gardening, or relaxing. Located just minutes from Albany's colleges and universities, hospitals, restaurants, shopping, parks, and downtown, this property is perfectly positioned for both homeowners and investors.

Whether you're looking to offset your mortgage with rental income or add a high-demand property to your portfolio, 81 N Allen St is an opportunity you won't want to miss!

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

81 N Allen Street

Albany, NY 12203

Property Details

Flooring

WoodHardwoodVinylLaminateTile - Ceramic

Construction

Block

Outdoor Features

Porch

Heating

Natural GasRadiantHot Water(Heating)

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 81 N Allen Street is listed at $339,900 ($157/sqft). The estimated monthly payment is $1,818 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.09 acre lot.

This property is listed by Jeury Lugo.

JL

Jeury Lugo

License 10401347643

Agent at KW Platform

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

MLS# 202623558· Source: Global MLS, Inc.· 90 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.

81 N Allen Street, Albany, NY 12203

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