New York
Albany
17 N Lake Avenue

$255,000

17 N Lake Avenue, Albany, NY 12203

4 beds |
2 baths |
1,888 sqft

Duplex
Built in 1900
2,178sqft lot
—— car garage
$135/sqft
Listed 13 days ago

Property Description

Well-maintained two-family home located directly across from the University at Albany's Downtown Campus, with easy access to public transportation right on the bus line. Each floor features a spacious 2-bedroom, 1-bath layout with separate utilities and month-to-month leases in place. The upstairs unit currently rents for $1,296 per month (see agent remarks), while the downstairs unit rents for $1,000 per month and includes responsibilities for garbage, lawn care, and snow removal. The upstairs apartment is heated by electric baseboards and features a brand-new oven installed in 2025. The downstairs unit has a brand-new gas forced hot air furnace installed in 2025, along with existing electric baseboard heat. The kitchen in the lower unit has also been updated with a new hood and refrigerator in 2024. Both units have access to a stackable washer and dryer located in the foyer; the washer is not currently functional due to a faulty motherboard, but the dryer is working. Additional updates include new windows in the downstairs apartment (2023) and the roof was resealed in August 2024. All new OC permits have just been issued, making this property move-in ready and compliant. Whether you're an investor or looking to live in one unit and rent the other, this property offers strong rental potential in a high-demand area.

Listing Status:: Active
Date Added:: September 22, 2025 at 05:00AM
Listing Office:: Coldwell Banker Prime Properties : 518-383-0030
Listing Agent:: Heather Casaw : 518-253-1580
MLS ID:: 202526311

Basement: UnfinishedFullInterior Entry
Flooring: CarpetLinoleumHardwood
A/C: None
Heating: ElectricForced Air

General: None
Style: Traditional
Parking: Parking spaces: 1

Roofing: Rubber
Windows: Storm Window(s)Curtain RodsDouble Pane Windows
General: Aluminum SidingVinyl SidingBrick/Mortar

Originating MLS: Global MLS
School District: Albany
County: Albany

Zoning: Multi Residence010100 65.62-2-60
Fencing: FencedBack Yard

Utilities: Cable Connected150 Amp Service
Water: Public
Sewer: Public Sewer

Source: Global MLS

This listing courtesy of Heather Casaw, Coldwell Banker Prime Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Sheridan Preparatory Academy

400 Sheridan Ave, Albany, NY, 12206

Grades PK-5

0.37 miles away

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

0.83 miles away

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.