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199 N Lake Avenue, Albany, NY 12206

Albany
Local realty services provided by:CENTURY 21 North East
199 N Lake Avenue,Albany, NY 12206
$320,000
  • 8 Beds
  • 2 Baths
  • 2,032 sq. ft.
  • Multi-family
  • Active
Listed by: linda chiou
Office: group twenty six ny llc.
MLS#:202619923
Source:Global MLS

Price summary

  • Price:$320,000
  • Price per sq. ft.:$157.48

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:202619923
  • Added:1 day(s) ago
  • Updated:June 18, 2026 at 03:38 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Exterior Entry, Interior Entry, Unfinished, Walk-Out Access
  • Living area:2,032 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1900
  • Building area:2,032 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$157.48
  • Tax amount:$2,054

Parking

  • Total parking spaces:2
  • Parking description:Driveway, Off Street, Paved
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved. NY_GCAR Member Broker: Jim D’Amico

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