502 Yates Street,Call Listing Agent, NY 12208
Call Listing Agent, NY 12208
Description
Investor-friendly two-family property located in the Pine Hill neighborhood of Albany, offering strong income potential and flexibility for either owner occupancy or portfolio expansion. This multi-unit property features two spacious units- for a total of 6 bedrooms and 2 bathroom, along with generous living spaces and functional layouts throughout. The property has been extensively renovated, fully gutted, and completely redone, creating a move-in-ready opportunity with updated systems, finishes, and overall improvements already completed. The upstairs unit is currently occupied with rental income in place, while the first-floor unit offers additional rental upside or the flexibility for owner occupancy. Both apartments feature bright living areas, dedicated dining spaces, and updated interiors designed for comfortable everyday living. Additional highlights include off-street parking and a large backyard with the opportunity for a new owner to personalize and complete the outdoor space with their own finishing touches. Conveniently located near local restaurants, shopping, schools, hospitals, parks, and major roadways, this property presents a strong opportunity for investors or buyers seeking a turnkey multi-family property with immediate income potential and long-term value. Note: Some images are ai staged.
Details
| MLS # | 1004624 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1870 |
| Days On Site | 86 |
| Listing Provided By | Four Seasons Sothebys Intl | Daniella Browne |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,138 |
| Units | 2 |
| Acreage | 0.06 |
Interior
| Cooling | None |
|---|---|
| Heating | Hot Water, Steam |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Recessed Lighting |
Exterior
| Construction Materials | Vinyl Siding |
|---|---|
| Lot Features | Back Yard |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Alley Access |
Utilities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 6075 |
Area Information
| State | NY |
|---|---|
| County | Albany County |
| City | Call Listing Agent |
| Zip Code | 12208 |
| School District | Albany High School |
| Elementary School | Albany School Of Humanities |
| High School | Albany High School |
| Listing VS Median (in 12208) | |
Price: $309,999 low | high Med: $309,999 sqft: 2,138 low | high Med: 2,138 $ / sqft: $145 low | high Med: $145 On site: 86 low | high Med: 86 | |
Market Activity 12208
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Learn More About This Property
| State | NY |
|---|---|
| County | Albany County |
| City | Call Listing Agent |
| Zip Code | 12208 |
| School District | Albany High School |
| Elementary School | Albany School Of Humanities |
| High School | Albany High School |
| Listing VS Median (in 12208) | |
Price: $309,999 low | high Med: $309,999 sqft: 2,138 low | high Med: 2,138 $ / sqft: $145 low | high Med: $145 On site: 86 low | high Med: 86 | |
