254 2nd Street

Albany, NY 12206

This versatile property offers 3-4 bedrooms, 1 full bath, eat in kitchen, newer boiler and hot water heater. With low annual taxes of just $1,900 (school and property combined), it's a smart financial choice for both homeowners and investors. The 4th bedroom could also be a family room. Currently, Equinox offered rent of $1,650/month, and Section 8 will pay up to $1,651/month—making this a solid income-producing option. The property includes a valid ROP through October 2025, and the city maintains the vacant lot next door—so you get the benefit of extra space without the upkeep. Whether you're looking to own or invest, this home offers the best of both worlds: affordability, convenience, playground across the street and income potential. Needs new floors, some TLC and sold ''AS IS'

Listing courtesy of Crystal J Coleman of Crystal Coleman Realty LLC



Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Global MLS.
Last checked: 2025-06-24 05:00 AM UTC