186 2nd Avenue, Albany, NY 12202

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6 Beds 2 Baths 0 Partial Bath 2,472 Sq Ft 0.06 Acres

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Property Description

Prime Investment Opportunity: High-Yield Multi-Family in AlbanyAttention investors! This vacant, turnkey-ready multi-family property is a high-yield asset waiting to be added to your portfolio. This property offers the perfect blend of immediate cash flow potential and value-add opportunity.Each apartment features a flexible 3-bedroom floor plan specifically designed to qualify for 4-bedroom HUD/Section 8 rent subsidies. Vacant & Ready: No need to navigate existing leases or tenant relocations. This property is delivered vacant.Value-Add Potential: The building is in solid condition but requires minor TLC. paint, minor flooring, and appliances.Excellent Cash Flow: Between the HUD-friendly layout and the low entry price point, the ROI on this property outpaces many others in the Capital Region.Don't miss out on this high-performing asset. ---Unit Configuration Estimated Market Rent HUD Payment Standard (2026) 3-Bedroom Unit $1,827 / mo4-Bedroom Unit $2,013 / mo

186 2nd Avenue | MLS# 202610659

This multi-family property located at 186 2nd Avenue, Albany, NY 12202 is currently listed for sale with an asking price of $199,000. 2nd Avenue is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Unfinished

Basement: Yes

Cooling: None

Heating: Radiant, Natural Gas

Home Style: Other

Lot Size: 0.06 Acres

Taxes: $4,207

Year Built: 1920

Feature Descriptions

Days on Site: 138

Exterior: None

Exterior: Other, Block, Drywall

Parcel #: 010100 76.71-2-4

Sewer: Public Sewer

SQFT Above Grade Finished: 2472

Water: Public

Local Schools

High School: Albany

School District: Albany

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Estimated Payment

$ 851.51 per month $442.89 Principal & Interest $350.58 Property Tax $58.04 Homeowner's Insurance

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Listing By

Agency Name: Weichert Realtors-Reliable Properties
Agency Phone: 1 518-312-4800

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

186 2nd Avenue, Albany, NY 12202

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 12:13:36 AM EST) or Global MLS (last updated Tue 06/02/2026 12:07:19 AM EST) or New York State Alliance MLS (last updated Tue 06/02/2026 12:10:51 AM EST) or Hudson Valley Catskill Region MLS (last updated Tue 06/02/2026 12:11:14 AM EST) or OneKey MLS (last updated Tue 06/02/2026 12:07:23 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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186 2nd Avenue, Albany, NY 12202

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Property Description

186 2nd Avenue | MLS# 202610659

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Property Features

Feature Descriptions

Local Schools

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186 2nd Avenue, Albany, NY 12202

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186 2nd Avenue, Albany, NY 12202

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