43 Myrtle Ave
Listing Notes
An exceptional opportunity to own a beautifully maintained income-producing brownstone in Albany's highly desirable historic Mansion Neighborhood. This impressive duplex features a spacious main residence offering 3 bedrooms and 2 full bathrooms, along with a charming garden apartment with 1 bedroom and 1 bathroom. Numerous tasteful updates and renovations have enhanced the property's charm while adding clean, modern finishes throughout. Fully furnished and meticulously maintained, this turnkey investment offers both ease of management and strong cash flow. Currently operated as mid-term rentals catering to professionals, this property generates an impressive annual rental income of approximately $55,000. Situated on a double lot with a unique two-car parking lot, this property truly stands out -- a rare and highly valuable feature in this historic neighborhood. Whether you are an investor looking for strong returns or an owner-occupant seeking supplemental income, this one-of-a-kind property offers the perfect blend of historic charm, modern updates, and exceptional investment potential in one of Albany's most sought-after locations. ***Main floor currently left vacant for showings/owner occupant buyer, furniture will be left for the new owner at additional cost.***
Price in context
Cheaper than 33% of the 24 homes listed nearby right now, which run $224,900 to $529,900.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 132 4th Ave | $224,900 | 8 bd · 2 ba |
| 88 Elizabeth St | $225,000 | 6 bd · 2 ba |
| 68 Bassett St | $239,900 | 4 bd · 1 ba |
| 144 S Hawk St | $240,000 | 4 bd · 1 ba |
| 38 Trinity Pl | $249,900 | 6 bd · 2 ba |
| 72 Bassett St | $249,999 | 3 bd · 3 ba |
| 97 3rd Ave | $250,000 | 5 bd · 3 ba |
| 74 Philip St | $285,000 | 4 bd · 3 ba |
| 123 Clinton St | $285,000 | 9 bd · 3 ba |
| 5 Myrtle Ave | $289,000 | 3 bd · 3 ba |
| 155 Eagle St | $299,900 | 3 bd · 2 ba |
| 140 Grand St | $325,000 | 6 bd · 3 ba |
| 90 Madison Ave | $325,000 | 5 bd · 4 ba |
| 126-128 Clinton St | $325,000 | 15 bd · 7 ba |
| 52 Park Ave | $329,777 | 6 bd · 3 ba |
| 175 Eagle St | $368,000 | 3 bd · 3 ba |
| 157 Myrtle Ave | $399,000 | 8 bd · 2 ba |
| 340 Hamilton St | $400,000 | Studio · 2 ba |
| 350 Madison Ave | $424,900 | 6 bd · 3 ba |
| 339 Hamilton St | $445,000 | 4 bd · 3 ba |
| 13 Delaware St | $450,000 | 6 bd · 3 ba |
| 117 4th Ave | $484,900 | 10 bd · 3 ba |
| 144 Broad St | $499,000 | 10 bd · 3 ba |
| 64 Elm St | $529,900 | 6 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more