78 1st Street, Albany, NY 12210, Albany

Capitalize on this rare opportunity to own a modern townhome built in 1991 with a separate garden apartment, ideally located just blocks from everything downtown Albany has to offer. Perfect for an investor or an owner-occupant looking to offset expenses with rental income, this property is situated in the highly desirable Ten Broeck Triangle and offers beautiful views of the Albany skyline.

The updated two-level main townhome is move-in ready and features granite countertops, an open floor plan with a breakfast bar and dining nook, and spacious, light-filled rooms. Additional highlights include a half bath on the main level with convenient washer and dryer hookups, along with a high-efficiency on-demand hot water system, and off-street parking. The upper level offers three generously sized bedrooms and a full bath.

The income potential is strong, with the main unit estimated to rent for $1,800 per month. The two-bedroom garden apartment is currently tenant-occupied on a month-to-month basis at $1,065 per month, bringing the total potential annual rental income to $34,380. Both units have separate utilities.

Don’t miss this excellent opportunity–schedule your showing today!