About This Home

This 5-bedroom, 2-bathroom multi-family at 13 Lexington Avenue in Albany, NY is listed for $115,000 ($75 per sqft). Built in 1900, the home offers 1,532 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1900
  • 0.03 acre lot

Property Details

2 full
1900
Listing Description

Motivated seller- Bring your best offer and creative idea to this project. Handyman Special in the Heart of Albany with Double Lot! Opportunity awaits with this brick multifamily property located in Albany School District. This investor special offers tremendous potential for investors, contractors, flippers, or owner-occupants looking to build equity.

The property requires a complete rehabilitation and is being sold as-is. Cash offers only. An additional adjacent lot is included in the sale, located right next door. This extra parcel offers great potential for additional off-street parking or with Town/City approval, the possibility of a buildable lot- a valuable bonus with plenty of options for the new owner.

Featuring a brick exterior and a prime location close to major highways, public transportation, shopping, restaurants, schools, hospitals, and downtown Albany amenities, this property presents an excellent value-add opportunity. Low taxes help maximize future investment potential.

Bring your vision, tools, and creativity to transform this multifamily property into a strong income-producing asset or long-term investment. Rare opportunity to purchase a fixer-upper in a convenient Albany location with endless possibilities. Don't miss your chance to unlock the potential this property has to offer!

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

13 Lexington Avenue

Albany, NY 12206

Property Details

Construction

Brick

Questions & Answers

This 5-bedroom, 2-bathroom multi-family at 13 Lexington Avenue is listed at $115,000 ($75/sqft). The estimated monthly payment is $616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.03 acre lot.

This property is listed by Nicole Wilkie.

NW

Nicole Wilkie

License 10301223997

Agent at Howard Hanna Real Estate Services

Listed by Howard Hanna Real Estate Services · Broker phone: (518) 348-7100 · View on Broker Site · Broker website

MLS# 202619823· Source: Global MLS, Inc.· 131 days on PropertySimple

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

13 Lexington Avenue, Albany, NY 12206

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