Loading...
Albany, NY, 12206 • West Hill • Albany County
$78/sqft
Down payment assistance available
4Beds
2Baths
1,800Sqft
0.03 acLot
1872Built
Character Home
Built 1872 · 154 years of history
This home is getting attention
Listed 99 days ago · 542 views · 9 saves
Demand and pricing signals for this listing
542 views
People checking out this listing
9 saves
Buyers have saved this home
99 days on market
Established listing
$78/sqft
Price per square foot
Multi Family · Built 1872 · Historic
This is a unique opportunity for an investor or builder to restore a piece of Albany history. Unlock the immense potential of this historic 1872 two-family row house located at 302 1st St in the heart of Albany's revitalizing Arbor Hill neighborhood. With a spacious 1,800 sq. ft. layout, this property was originally configured as a duplex with 4 bedrooms, 2 bathrooms, and 2 separate kitchens, offering an ideal setup for a high-income rental property post-renovation. This is your chance to get in on the ground floor of a neighborhood on the rise. First Street has recently benefited from significant infrastructure reconstruction, and new housing developments are emerging throughout the area. The property's strong bones and classic architecture provide a perfect canvas for a full gut renovation. Bring your vision to restore this historic gem to its former glory and capitalize on the growing demand in the area. Connected to public water, sewer, and natural gas, the essential infrastructure is in place. With a full market value assessed at over $105,000, this fire-damaged property is an unparalleled opportunity to build substantial equity. Key Features: •Prime Investment: Ideal two-family layout for rental income. •Historic Character: Built in 1872 with classic row house architecture. •Spacious Layout: 1,800 sq. ft. with 4 bedrooms and 2 bathrooms. •Revitalizing Neighborhood: Located in Arbor Hill, with recent infrastructure upgrades and new construction. •Full Utilities: Connected to public water, sewer, and natural gas. •Blank Slate: A full renovation opportunity for builders and investors.
Based on current rates
Est. 6.75% rate · 30yr fixed · $111,920 loan
Full calculator →Key facts and listing details
3 categories of property features
Market data and value estimates
3 schools rated nearby
Albany, NY, 12206
5 events
25 years of records
Local context around this listing
Albany, NY • Albany County
Nearby neighborhoods
Nearby cities
Nearby zip codes
No obligation · Same-day response