About This Home

This 5-bedroom, 3-bathroom multi-family at 97 3rd Avenue in Albany, NY is listed for $250,000 ($162 per sqft). Built in 1900, the home offers 1,540 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1900
  • 0.12 acre lot

Property Details

2 full, 1 half
1900
Listing Description

Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income.

The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities. With its established rental history, well-maintained condition, and desirable two-family configuration, 97 Third Avenue is worth a closer look. An opportunity to own income-producing real estate in the Capital Region!

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

97 3rd Avenue

Albany, NY 12202

Property Details

Construction

Vinyl Siding

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 97 3rd Avenue is listed at $250,000 ($162/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.12 acre lot.

This property is listed by Jerome P Newkirk.

JN

Jerome P Newkirk

License 10371200504

Agent at Revision Real Estate

Listed by Revision Real Estate · Broker phone: (518) 438-2221 · View on Broker Site · Broker website

MLS# 202622293· Source: Global MLS, Inc.· 99 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.

97 3rd Avenue, Albany, NY 12202

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