Cheap Long Island Homes For SaleCheap Long Island Homes For Sale
Located in the heart of Albany, this 8-bedroom, 3-bathroom multi-unit property presents a high-upside opportunity for investors looking to capitalize on rental income or reposition for resale. With approximately 3,600 square feet of living space, a full basement, and strong bedroom count, this asset is ideal for those targeting cash flow or value-add strategies.
The property will be delivered vacant, giving investors immediate control to renovate, reconfigure, or lease without delay. Based on comparable renovated properties and multi-family demand in the area, this deal offers multiple exit strategies, including long-term rental, rooming house conversion, or full reposition for resale.
With its size and layout, this property is well-suited for investors who understand how to maximize per-bedroom income or multi-unit potential in an active rental market.
The property will require renovation, and all buyers are encouraged to perform their own due diligence regarding condition, zoning, permits, and financial projections.
• 8 Bedrooms
• 3 Bathrooms
• ~3,600 SF of living space
• Full basement
• 2,500 SF lot
• Built in 1870
• Delivered vacant
This is a rare large-footprint opportunity in Albany for investors looking to force appreciation and generate strong returns through strategic renovation and repositioning.
Serious buyers can request additional details, photos, and access by reaching out directly.
3 Bedrooms | 3 Baths | 1,200 ft
