Two-family home in Albany!
Great investment potential! This property needs some work, but with the right vision, it can be transformed into a strong income-producing asset. Conveniently located near major highways and bus lines, making commuting easy for future tenants. Fix it up, rent it out, and start generating steady cash flow. Don't miss this opportunity to collect rental income from this promising property!
Market rents could be 1702.00 each apartment so 3404 per month...40,848 rental income per year.
Active
$115,000
390 2nd Street, Albany, NY 12206
4beds
1,720sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
- 102 days |
- 705 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Serenity Real Estate Team 518-599-7844,
Arpi Balgin 518-229-8767
Source: Global MLS,MLS#: 202613953
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- High Speed Internet, Built-in Features
- Flooring: Laminate
- Doors: ENERGY STAR Qualified Doors
- Windows: ENERGY STAR Qualified Windows
- Basement: Full
Interior area
- Total structure area: 1,720
- Total interior livable area: 1,720 sqft
- Finished area above ground: 1,720
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Patio & porch: None
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Size: 1,742 Square Feet
- Features: Level, Cleared
Details
- Parcel number: 010100 65.55610
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $100,000
- Annual tax amount: $4,080
- Date on market: 3/26/2026
- Listing terms: Cash
- Tenant pays: Heat, Internet, Cable TV, Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
$1,833/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $115,000+15%$67/sqft |
Source:  Global MLS #202613953 Report a problem | ||
| 10/25/2024 | Sold | $100,000+5.9%$58/sqft |
Source: Public Record Report a problem | ||
| 6/28/2024 | Price change | $94,388-5.6%$55/sqft |
Source: Global MLS #202412887 Report a problem | ||
| 6/4/2024 | Listed for sale | $99,999$58/sqft |
Source: Global MLS #202412887 Report a problem | ||
| 4/11/2024 | Pending sale | $99,999$58/sqft |
Source: Global MLS #202412887 Report a problem | ||
| 4/2/2024 | Price change | $99,999-9.1%$58/sqft |
Source: Global MLS #202412887 Report a problem | ||
| 3/4/2024 | Listed for sale | $109,999+4.8%$64/sqft |
Source: Global MLS #202412887 Report a problem | ||
| 1/9/2024 | Listing removed | -- |
Source: Global MLS #202222308 Report a problem | ||
| 10/3/2022 | Pending sale | $105,000$61/sqft |
Source: Global MLS #202222308 Report a problem | ||
| 7/12/2022 | Listed for sale | $105,000+223.1%$61/sqft |
Source: Global MLS #202222308 Report a problem | ||
| 11/24/2020 | Sold | $32,500-18.5%$19/sqft |
Source: Global MLS #202018530 Report a problem | ||
| 10/9/2020 | Pending sale | $39,900$23/sqft |
Source: Capital Region Preferred Prop #202018530 Report a problem | ||
| 10/7/2020 | Price change | $39,900-11.1%$23/sqft |
Source: Capital Region Preferred Prop #202018530 Report a problem | ||
| 9/3/2020 | Price change | $44,900-10%$26/sqft |
Source: Capital Region Preferred Prop #202018530 Report a problem | ||
| 7/31/2020 | Price change | $49,900-9.1%$29/sqft |
Source: Capital Region Preferred Prop #202018530 Report a problem | ||
| 5/29/2020 | Listed for sale | $54,900+119.6%$32/sqft |
Source: Capital Region Preferred Prop #202018530 Report a problem | ||
| 7/27/2007 | Sold | $25,000-16.7%$15/sqft |
Source: Public Record Report a problem | ||
| 7/18/2006 | Sold | $30,000-45%$17/sqft |
Source: Global MLS #25115709 Report a problem | ||
| 12/5/2005 | Sold | $54,500+55.7%$32/sqft |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $35,000+268.4%$20/sqft |
Source: Public Record Report a problem | ||
| 10/19/1993 | Sold | $9,500$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $96,000 |
| 2024 | -- | $96,000 +15.7% |
| 2023 | -- | $83,000 |
| 2022 | -- | $83,000 |
| 2021 | -- | $83,000 |
| 2020 | -- | $83,000 |
| 2019 | -- | $83,000 |
| 2018 | -- | $83,000 |
| 2017 | $4,558 -0.2% | $83,000 |
| 2016 | $4,568 | $83,000 -24% |
| 2015 | -- | $109,200 |
| 2014 | -- | $109,200 |
| 2013 | -- | $109,200 |
| 2012 | -- | $109,200 |
| 2011 | -- | $109,200 |
| 2010 | -- | $109,200 |
| 2009 | -- | $109,200 |
| 2008 | -- | $109,200 |
| 2007 | -- | $109,200 +128% |
| 2006 | -- | $47,900 |
| 2005 | -- | $47,900 |
| 2004 | -- | $47,900 |
| 2003 | -- | $47,900 -6.8% |
| 2002 | -- | $51,400 |
| 2001 | -- | $51,400 |
| 2000 | -- | $51,400 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: West Hill
Nearby schools
GreatSchools rating
- 5/10Sheridan Preparatory AcademyGrades: PK-5Distance: 0.3 mi
- 4/10William S Hackett Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Albany County
- Albany
- 12206
- West Hill
- 390 2nd Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albany Topics
