390 2nd St

Albany, NY 12206

$115,000
Price
4
Beds
1,720 Sq. Ft.
$67 / Sq. Ft.
1,720
Sq. Ft.
$67
per Sq. Ft.
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Description

Two-family home in Albany! Great investment potential! This property needs some work, but with the right vision, it can be transformed into a strong income-producing asset. Conveniently located near major highways and bus lines, making commuting easy for future tenants. Fix it up, rent it out, and start generating steady cash flow. Don't miss this opportunity to collect rental income from this promising property! Market rents could be 1702.00 each apartment so 3404 per month...40,848 rental income...Two-family home in Albany! Great investment potential! This property needs some work, but with the right vision, it can be transformed into a strong income-producing asset. Conveniently located near major highways and bus lines, making commuting easy for future tenants. Fix it up, rent it out, and start generating steady cash flow. Don't miss this opportunity to collect rental income from this promising property! Market rents could be 1702.00 each apartment so 3404 per month...40,848 rental income per year.
  1. Listed by Arpi Balgin • Serenity Real Estate Team
    P: (518)-229-8767 C: (518)-229-8767 arpihomes3000@gmail.com

Property Details for 390 2nd Street

Architectural Style
Other
Waterfront
No
LISTING UPDATED: 03/26/2026 09:16 PM

Property Details for 390 2nd Street

StatusActive
MLS #202613953
Days on Market34
Taxes$4,080 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.04 AC / 1,742 SF
CountyAlbany County
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Location

Listing Courtesy of Serenity Real Estate Team
Add your commute

Building Information for 390 2nd Street

Stories-Residences2Year Built1900Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

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$919 per month

30 year fixed, 6.46% Interest

Principal and Interest

$579

Property Taxes

$340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 390 2nd Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: 9 south Arbor Hill. .7 miles take a right to second street. House is .04 miles on your left .
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12206
  • County Or Parish: Albany
  • Latitude: 42.67
  • Longitude: -73.77
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 10.000
  • Tax Block: 6
  • Parcel Number: 010100 65.55-6-10
  • Tax Tract: 65.55
  • Tax Annual Amount: $4,080.18
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: None
School Information
  • School District: Albany
  • High School: Albany
Virtual Tour
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level, Cleared
  • Year Built: 1900
  • Above Grade Finished Area: 1720.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
Building Information
  • Living Area: 1720.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s)
  • Window Features: ENERGY STAR Qualified Windows
  • Patio And Porch Features: None
  • Exterior Features: Garden
  • Fencing: Back Yard
  • Laundry Features: Washer Hookup
Interior Features
  • Interior Features: High Speed Internet, Built-in Features
  • Heating: Baseboard
  • Roof: Rubber
  • Flooring: Laminate
  • Electric: 100 Amp Service, Circuit Breakers
  • Basement: Full
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Door Features: ENERGY STAR Qualified Doors
  • Foundation Details: Brick/Mortar
  • Cooling: No
  • Heating: Yes
  • Attic Features : Hatch: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 2
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
Unit 2
  • Unit Detail : Total Bedrooms: 2
Rental
Rental Information
  • Tenant Pays: Heat, Internet, Cable TV, Electricity, Gas
  • Owner Pays: Trash Collection, Water

Property History for 390 2nd Street

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Listed (Active)

GLOBAL MLS #202613953

$115,000—
Oct 18, 2024

Sold (Public Record)

Public Record #1544142241

$100,000

+8.4% / yr

Sep 5, 2024

Expired

GLOBAL MLS #202412887

—
DateEvent & SourcePrice
03/26/2026

Listed (Active)

GLOBAL MLS #202613953

$115,000
10/18/2024

Sold (Public Record)

Public Record #1544142241

$100,000

+8.4% / yr

09/05/2024

Expired

GLOBAL MLS #202412887

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 390 2nd Street

Taxable ValueLand$19,200Additions$76,800Total$96,000
Home Facts
Baths1.5Total Finished SqFt1,720 SqFtAbove Grade Finished SqFt1,720 SqFtStories2Lot Size1,610 SqFtStyleDuplexYear Built1900ZoningR2ACountyALBANYAPN010100 65.55-6-10

Schools near 390 2nd Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Sheridan Preparatory Academy
Public - PK to 5
Stephen And Harriet Myers Middle School
Public - 6 to 8
Albany High School
Public - 9 to 12
Edmund J O'neal Middle Of Excellence
Public - 6 to 8
Rating
School
Distance
Sheridan Preparatory Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 8

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 390 2nd Street, Albany, NY 12206

390 2nd Street is a multi-family home for sale in Albany, NY 12206. This property was listed for sale on March 26, 2026 by Serenity Real Estate Team, it's currently listed at $115,000. It has been on the market for a total of 34 days and was last sold on October 18, 2024. This listing's school district is Albany City School District. Nearby schools include Sheridan Preparatory Academy, Stephen And Harriet Myers Middle School and Albany High School. 390 2nd Street is a 4-bed, 2-bath, 1,720 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Serenity Real Estate Team

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