501 2nd St Albany, NY 12206
West Hill NeighborhoodEstimated payment $996/month
Highlights
- Traditional Architecture
- No HOA
- Wood Frame Window
- Albany High School Rated A-
- Enclosed Patio or Porch
- Bathroom on Main Level
About This Home
Great opportunity to own a versatile 2-unit property in the West Hill neighborhood of Albany! Whether you're starting your homeownership journey or expanding your investment portfolio, this income-generating property provides flexibility and potential for additional income! The upstairs apartment offers the possibility of a 3-bedroom layout, downstairs apartment offers possibility of a 2-bedroom layout, providing added value and rental appeal. Utilize the rear enclosed porches for additional storage space with washer/dryer hookup, as well as an enclosed backyard, perfect for keeping your pets secure and outdoor enjoyment. Currently occupied, this property presents immediate income of $1,650/mo. plus utilities. Active residential occupancy permits are in place through 2/2028.
Ideally situated near the bus line with easy access to Central Avenue, Albany Medical Center, Bleecker Stadium Park, and downtown Albany-an area experiencing exciting revitalization. Don't miss this opportunity to invest in a growing area with strong upside! Rents could be higher
Listing Agent
Berkshire Hathaway HomeServices Blake, REALTORS License #10401381130 Listed on: 04/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,555
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 25x127.3
- Property fronts a private road
- Back Yard Fenced
Parking
- Off-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Brick Foundation
Interior Spaces
- 1,540 Sq Ft Home
- 2-Story Property
- Paddle Fans
- Wood Frame Window
- Interior Basement Entry
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Enclosed Patio or Porch
Schools
- Philip J. Schuyler Achievement Elementary School
- Albany High School
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Laundry Facilities
- Building Fire Alarm
Listing and Financial Details
- Legal Lot and Block 42.000 / 1
- Assessor Parcel Number 010100 65.47-1-42
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,375 | $86,000 | $17,200 | $68,800 |
| 2024 | $2,375 | $86,000 | $17,200 | $68,800 |
| 2023 | $2,506 | $59,000 | $11,800 | $47,200 |
| 2022 | $2,454 | $59,000 | $11,800 | $47,200 |
| 2021 | $2,449 | $59,000 | $11,800 | $47,200 |
| 2020 | $2,239 | $59,000 | $11,800 | $47,200 |
| 2019 | $2,323 | $59,000 | $11,800 | $47,200 |
| 2018 | $2,244 | $59,000 | $11,800 | $47,200 |
| 2017 | $2,229 | $59,000 | $11,800 | $47,200 |
| 2016 | $2,418 | $59,000 | $11,800 | $47,200 |
| 2015 | $2,341 | $63,800 | $12,800 | $51,000 |
| 2014 | -- | $63,800 | $12,800 | $51,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2026 05/29/26 | Pending | -- | -- | -- |
| 04/07/2026 04/07/26 | For Sale | $145,000 | -- | $94 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Global MLS
MLS Number: 202614547
APN: 010100-065-047-0001-042-000-0000
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
Ask me questions while you tour the home.