199 N Lake Avenue, Albany, NY 12206, Albany

$ 320,000
199 N Lake Avenue, Albany, NY 12206,

Overview

  • Updated On:
  • June 18, 2026
  • 936449
  • Property ID
  • 8
  • Bedrooms
  • 2
  • Bathrooms
  • 2,032 ft2
  • Property Size

Description

Turnkey investment opportunity in Albany’s West Hill neighborhood! This fully tenant-occupied two-family property features 8 bedrooms and 2 full baths across two spacious units, providing immediate rental income from day one. Both apartments are leased, making this an ideal addition to an investor’s portfolio. Situated on two adjoining lots (197 & 199 N Lake Ave), this unique offering provides additional land value and future potential. Opportunity to own a cash-flowing asset with established tenants already in place.

Address: 199 N Lake Avenue, Albany, NY 12206
City:
State/County:
Zip: 12206
Country: United States

Property Id: 936449
Price: $ 320,000
Property Size: 2,032 ft2
Property Lot Size: 0 ft2
Bedrooms: 8
Bathrooms: 2
Listed By: Linda Chiou
Listing Agent Email: linda@grouptwentysix.com
Listing Agent Phone: 516-512-1437
Listing Brokerage: GROUP TWENTY SIX NY LLC

Other Features
Has Heating System
None
Open Parking

$ 1,640.70
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,240.70

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Anthony Gucciardo

Broker Owner

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