17 N Lake Ave Albany, NY 12203
Central Avenue NeighborhoodEstimated payment $1,630/month
Total Views
66,725
4
Beds
2
Baths
1,888
Sq Ft
$127
Price per Sq Ft
Highlights
- Hot Property
- Wood Flooring
- Front Porch
- Traditional Architecture
- No HOA
- Storm Windows
About This Home
Sellers are motivated- come take a look- make an offer!
Well-maintained two-family home located directly across from the University at Albany's Downtown Campus, with easy access to public transportation right on the bus line. Each floor features a spacious 2-bedroom, 1-bath layout with separate utilities and month-to-month leases in place. The upstairs unit currently rents for $1,296 per month (see agent remarks), while the downstairs unit rents for $1,000 per month and includes responsibilities for garbage, lawn care, and snow removal.
The upstairs apartment is heated by electric baseboards and features a brand-new oven installed in 2025. The downstairs unit has a brand-new gas forced hot air furnace installed in 2025, along with existing electric baseboard heat. The kitchen in the lower unit has also been updated with a new hood and refrigerator in 2024. Both units have access to a stackable washer and dryer located in the foyer; the washer is not currently functional due to a faulty motherboard, but the dryer is working.
Additional updates include new windows in the downstairs apartment (2023) and the roof was resealed in August 2024. All new OC permits have just been issued, making this property move-in ready and compliant. Whether you're an investor or looking to live in one unit and rent the other, this property offers strong rental potential in a high-demand area.
Listing Agent
Coldwell Banker Prime Properties License #10401359613 Listed on: 09/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,293
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Back Yard Fenced
Home Design
- Duplex
- Traditional Architecture
- Brick Foundation
- Rubber Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,888 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Rods
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Storm Windows
- Storm Doors
Parking
- 1 Parking Space
- Open Parking
Outdoor Features
- Front Porch
Schools
- Albany High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Baseboard Heater
- 150 Amp Service
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 60.000 / 2
- Assessor Parcel Number 010100 65.62-2-60
Map
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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 | $3,971 | $159,600 | $39,400 | $120,200 |
| 2023 | $3,491 | $84,000 | $16,800 | $67,200 |
| 2022 | $3,418 | $84,000 | $16,800 | $67,200 |
| 2021 | $3,410 | $84,000 | $16,800 | $67,200 |
| 2020 | $3,187 | $84,000 | $16,800 | $67,200 |
| 2019 | $3,136 | $84,000 | $16,800 | $67,200 |
| 2018 | $3,195 | $84,000 | $16,800 | $67,200 |
| 2017 | $1,447 | $84,000 | $16,800 | $67,200 |
| 2016 | $2,701 | $84,000 | $16,800 | $67,200 |
| 2015 | $2,482 | $81,300 | $16,300 | $65,000 |
| 2014 | -- | $81,300 | $16,300 | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | Price Changed | $240,000 | -5.9% | $127 / Sq Ft | |
| 10/02/2025 10/02/25 | Price Changed | $255,000 | -3.8% | $135 / Sq Ft | |
| 09/22/2025 09/22/25 | For Sale | $265,000 | +65.6% | $140 / Sq Ft | |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- | |
| 11/30/2022 11/30/22 | Sold | $160,000 | +60.0% | $85 / Sq Ft | View Prior Sale |
| 06/27/2017 06/27/17 | Sold | $100,000 | -9.0% | $53 / Sq Ft | View Prior Sale |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- | |
| 03/16/2017 03/16/17 | For Sale | $109,900 | 0.0% | $58 / Sq Ft | |
| 03/02/2017 03/02/17 | Pending | -- | -- | -- | |
| 01/29/2017 01/29/17 | For Sale | $109,900 | -- | $58 / Sq Ft |
Source: Global MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $100,000 | None Available | |
| Deed | $95,000 | -- | |
| Deed | $95,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $78,000 | None Available | |
| Deed | $78,000 | Thomas E Delorenzo |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $14,900 | Unknown | |
| Previous Owner | $71,200 | New Conventional | |
| Previous Owner | $70,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $70,200 | Adjustable Rate Mortgage/ARM |
Source: Public Records
About the Listing Agent
Looking for a Dedicated Real Estate Agent?
With 30+ years of customer service experience, I’m committed to making your real estate journey seamless and successful. Here’s why I’m the right choice for you:
Experience & Local Knowledge: Growing up in Saratoga County and raising my family in Saratoga Springs, I have deep local knowledge. Whether you're new to the area or a military family relocating, I’ll help you find the perfect home.
Personalized Service: From first-time
Heather's Other Listings
Source: Global MLS
MLS Number: 202526311
APN: 010100-065-062-0002-060-000-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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