78 3rd St Albany, NY 12210
Arbor Hill NeighborhoodEstimated payment $655/month
Highlights
- Traditional Architecture
- Wood Flooring
- Covered Patio or Porch
- Albany High School Rated A-
- No HOA
- 4-minute walk to Van Rensselaer Park
About This Home
Attention Investors and Visionary Buyers! Discover the immense upside potential of this spacious 5-bedroom, 1.5-bath home with separate living room, dining room, and full eat-in kitchen. Situated on a generous lot with off-street parking and a large backyard, this home is a prime candidate for a high-yield rental, a strategic flip, or a ''sweat equity'' project for an owner-occupant.The home boasts a sturdy overall structure with solid bones, including plaster walls that remain mostly intact. Beneath the surface, you'll find original character in hardwood flooring, wood doors, trim/molding, columns, and built-ins just waiting to be restored with fresh paint or stain.The basement is unfinished and provides additional storage or awaits a creative finishing touch. The exterior features vinyl siding, front covered porch, and the roof is approximately 10 years old. The home is ready for renovation and cosmetic updates to unlock its full value. The property has high rental potential and could be a cash-flow powerhouse. Sold strictly As-Is. Cash only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 1862
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- Traditional Architecture
- Fixer Upper
- Rubber Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,540 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Wood Frame Window
- Living Room
- Dining Room
- Wood Flooring
- Eat-In Kitchen
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom on Main Level
Parking
- 2 Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Arbor Hill Elementary School
- Albany High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 6.000 / 3
- Assessor Parcel Number 010100 65.74-3-6
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 | $1,605 | $82,000 | $16,400 | $65,600 |
| 2023 | $2,109 | $61,000 | $13,400 | $47,600 |
| 2022 | $1,776 | $61,000 | $13,400 | $47,600 |
| 2021 | $1,735 | $61,000 | $13,400 | $47,600 |
| 2020 | $1,743 | $61,000 | $13,400 | $47,600 |
| 2019 | $1,650 | $61,000 | $13,400 | $47,600 |
| 2018 | $1,864 | $61,000 | $13,400 | $47,600 |
| 2017 | $376 | $61,000 | $13,400 | $47,600 |
| 2016 | $372 | $61,000 | $13,400 | $47,600 |
| 2015 | $386 | $63,600 | $12,700 | $50,900 |
| 2014 | -- | $63,600 | $12,700 | $50,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2025 12/23/25 | For Sale | $100,000 | -- | $65 / Sq Ft |
Source: Global MLS
MLS Number: 202531065
APN: 010100-065-074-0003-006-000-0000
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