101 3rd Ave Albany, NY 12202
South End NeighborhoodEstimated payment $1,283/month
Highlights
- Traditional Architecture
- Wood Flooring
- Front Porch
- Albany High School Rated A-
- No HOA
- 3-minute walk to Hummel Street Park
About This Home
Well-maintained brick two-family featuring long-term tenants and a recently painted exterior. This property offers excellent income stability with significant upside potential. With town approval and renovations, the building offers the possibility of updating the existing 3rd unit (buyer to perform due diligence) or simply add space to flow from the 1st floor down into the basement for a bi-level unit. The basement is sheet-rocked and includes a framed kitchen (with gas already in place for the stove), living room, bedroom & full bathroom. The is a very strong value-add potential. Current rents are $900 and $900 per month, well below 2026 Fair Market Rent estimates of $1,420/month for a two-bedroom in this zip code, presenting a compelling opportunity for future rent growth. Additional features include coin-operated laundry in the basement, hardwood floors, skylight, gas stoves, dishwashers, private back decks, and a fenced backyard. An ideal investment for both seasoned and first-time investors seeking steady income with long-term upside. Separate utilities, hot air heating systems, and updated electrical add to the property's appeal. ROP's, tax bills, PCD and rent roll are all attached to the MLS or available upon request. 98 Third Ave is a vacant lot for sale for $600 through The Albany Land Bank. If the new buyer wanted to buy it to offer parking for the building, after attorney fees it would be approx $2,000.
Listing Agent
Berkshire Hathaway Home Services Blake License #30LE0983094 Listed on: 01/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,677
Year Built
- Built in 1910
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 25 x 100
- Property fronts a private road
- Back Yard Fenced
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Rubber Roof
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
Basement
- Walk-Out Basement
- Partial Basement
- Sump Pump
- Apartment Living Space in Basement
- Laundry in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Albany High School
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Additional Features
- Washer and Dryer Hookup
- Front Porch
Listing and Financial Details
- The owner pays for trash collection, water
- Legal Lot and Block 67.000 / 2
- Assessor Parcel Number 010100 76.64-2-67
Community Details
Overview
- No Home Owners Association
- Association fees include sewer
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,498 | $130,000 | $26,000 | $104,000 |
| 2023 | $2,151 | $50,000 | $16,400 | $33,600 |
| 2022 | $2,107 | $50,000 | $16,400 | $33,600 |
| 2021 | $2,103 | $50,000 | $16,400 | $33,600 |
| 2020 | $1,897 | $50,000 | $16,400 | $33,600 |
| 2019 | $1,969 | $50,000 | $16,400 | $33,600 |
| 2018 | $1,902 | $50,000 | $16,400 | $33,600 |
| 2017 | $2,130 | $50,000 | $16,400 | $33,600 |
| 2016 | $2,766 | $75,000 | $16,400 | $58,600 |
| 2015 | $1,784 | $80,200 | $16,000 | $64,200 |
| 2014 | -- | $80,200 | $16,000 | $64,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | Pending | -- | -- | -- | |
| 01/17/2026 01/17/26 | For Sale | $189,900 | +279.8% | $109 / Sq Ft | |
| 03/14/2017 03/14/17 | Sold | $50,000 | -37.4% | $29 / Sq Ft | View Prior Sale |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- | |
| 01/17/2017 01/17/17 | For Sale | $79,900 | -- | $46 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | Legacy Title |
Source: Global MLS
MLS Number: 202610761
APN: 010100-076-064-0002-067-000-0000
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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