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176 Exchange Street

Albany, NY 12205

Active

$459,000

Listing by:
Craig Cioffi
Weichert Realtors Reliable Properties
518-396-8386

Prime Investment or Owner-Occupied Opportunity: 176 Exchange St. 2 Single-Family Homes on One Lot (Multi-Unit Setup) Total Monthly Income / Potential: Front house estimated up to $2,500/mo (vacant) + Rear house currently rented at $1,950/mo. Condition: Fully renovated and in excellent condition throughout. **Property Overview** Welcome to 176 Exchange St.—a rare and exceptional dual-property offering featuring two fully renovated, turnkey single-family homes on a single lot. Whether you are an astute investor looking for a strong, income-producing portfolio addition or a buyer wanting to offset your mortgage by living in one home and renting out the other, this property delivers unmatched versatility and value. Front House (Vacant & Move-In Ready) Size: 1,215 sq. ft. Layout: 3 bedrooms, 1 bathroom, plus a flexible bonus room in the basement ideal for an office or additional bedroom. Features: Includes convenient basement laundry hookups. Rental Potential: Estimated up to $2,500 per month, making it ideal for an immediate tenant placement or an effortless owner-occupancy transition. Rear House (Current Income Generator) Layout: 2 bedrooms, 1 bathroom. Current Status: Currently occupied and generating steady rental income at $1,950 per month Upgrades: Features brand-new Mini-Split HVAC systems for efficient year-round climate control. Mechanicals & Highlights Upgraded Utilities: Both homes are separately metered for gas and electric, meaning tenants pay their own utilities. Roof: Front house roof is under 8 years old, providing long-term peace of mind. Modern Comforts: Fully renovated from top to bottom with updated plumbing and a brand-new hot water heater. Low Maintenance: Both structures are in pristine, excellent condition, allowing you to move right in or start collecting rent with peace of mind. Don't miss out on this turnkey dual-home property offering stellar cash flow and flexibility!

$459,000
5.0
Bedrooms
2
Bathrooms
2,176
Sq. Ft.
$ 211
$/Sq. Ft.
0.47
Acres
Year Built:
1998
County:
Albany
School District:
South Colonie
Acres:
0.47
Listing Agent:
Craig Cioffi
Listing Office:
Weichert Realtors Reliable Properties
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Features

Square Feet: 2,176
Town: Albany
Bedrooms: 5
Full Bathrooms: 2
Estimated Taxes: $8,439
Water: Public
Sewer: Shared Septic
Heat: Hot Water
Garage: 0
Property Style: Ranch
Exterior: Vinyl Siding
Exterior Features: Other
Parking Spaces: 6

Location



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