74 Philip Street, Albany, NY 12202, Albany

This well-maintained brick 3-unit is a strong addition to any portfolio or a great opportunity for an owner-occupant. The basement unit is rented month-to-month ($825), while the first-floor two-bedroom is vacant and features vaulted ceilings, hardwood floors, and original built-ins. In unit washer and dryer hookups add convenience. The third-floor one-bedroom is rented on a lease ($1,000) with a long-term, stable tenant. Separate utilities. New electric connections for each unit, and newer back porches. Located in Albany’s historic Mansion District, this property offers both flexibility and reliable income potential.