Listing Notes
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!
Price in context
Cheaper than 42% of the 24 homes listed nearby right now, which run $150,000 to $329,777.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 104 2nd Ave | $150,000 | 4 bd · 2 ba |
| 150 2nd Ave | $150,000 | 3 bd · 2 ba |
| 21 Moore St | $159,900 | 3 bd · 1 ba |
| 39 Alexander St | $169,000 | 2 bd · 1 ba |
| 173 2nd Ave | $169,999 | 4 bd · 2 ba |
| 3 Osborne St | $175,000 | 4 bd · 2 ba |
| 4 Cherry Hill St | $184,900 | 2 bd · 1 ba |
| 154 Broad St | $199,000 | 8 bd · 3 ba |
| 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 |
| 5 Moore St | $249,900 | 6 bd · 2 ba |
| 72 Bassett St | $249,999 | 3 bd · 3 ba |
| 233 S Swan St | $275,000 | 4 bd · 2 ba |
| 123 Clinton St | $285,000 | 9 bd · 3 ba |
| 30 Boenau St | $285,000 | 5 bd · 2 ba |
| 5 Myrtle Ave | $289,000 | 3 bd · 3 ba |
| 13 Batcher St | $289,900 | 4 bd · 2 ba |
| 155 Eagle St | $299,900 | 3 bd · 2 ba |
| 126-128 Clinton St | $325,000 | 15 bd · 7 ba |
| 140 Grand St | $325,000 | 6 bd · 3 ba |
| 427 S Pearl St | $329,000 | 4 bd · 4 ba |
| 52 Park Ave | $329,777 | 6 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more