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156 S Swan Street

Albany, NY 12210
  • $649,900
  • STATUS: Active
  • MLS #: 202625684
UPDATED: 15 min ago
$649,900
  • 7
    BEDS
  • 0.02
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,762
    SQFT
  • $173
    $/SQFT
Type:
Multi-Family
Built:
1885
County:
Area:

School Information

High School:
School District:

Description

Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.

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© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-10-16T16:12:27.61.
www.518realty.com/homes/181001810
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156 S Swan Street Albany, NY 12210

  • Price: $649,900
  • Status: Active
  • On Site: Days
  • Updated: 15 min ago
  • MLS #: 202625684
7
Beds
7
Baths
0
½ Baths
0.02
Acres
3,762
SQFT
$173
$/SQFT
1885
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Excellent opportunity for an investor seeking a turnkey multi-family asset with immediate cash flow and room to grow NOI. The combination of below-market rents, month-to-month flexibility, and completed capital improvements makes this a standout addition to any portfolio. Seven well-maintained residential units with a history of easy rentability. Newer mechanicals and electrical panels. Classic architectural charm: high ceilings, original wood floors, tiled bathrooms, and large windows throughout. Long-term, reliable tenants in place, with rents currently below market -- significant upside potential for a new owner. ROPs in place for all apartments. Listing agent is part owner.
Exterior Features

Architectural Style Apartment 4 Plus Unit Attached Garage YN No Construction Materials Brick Door Features [] Exterior Features None Fencing [] Foundation Details [] Lot Features Level Other Structures [] Parking Features None Patio And Porch Features [] Pool Features [] Roof FlatRubberBuilt-Up View SkylineDowntown Waterfront Features [] Waterfront YN No Window Features Double Pane WindowsBay Window(s)

Interior Features

Basement FullInterior EntryUnfinished Cooling None Cooling YN No Fireplace Features [] Flooring TileWoodCarpet Heating Hot WaterNatural Gas Heating YN Yes Interior Features High Speed InternetCeramic Tile Bath Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric 200+ Amp ServiceCircuit Breakers Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Multi Family Security Features Smoke Detector(s)Carbon Monoxide Detector(s) Sewer Public Sewer Special Listing Conditions Standard Tenant Pays InternetCable TVElectricityGas Utilities Cable Connected Water Source Public

Listing information © 2026 Global MLS.
Listing provided courtesy of Patrick Mcsharry of McSharry and Associates Realty LLC: 518-439-3547.



© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-10-16T16:12:27.61.
 
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