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Discover a great investment opportunity in Albany's South End $250,000

72 Bassett Street, Albany, NY 12202

3 br, 3.0 ba, 1890 1368 sf
Albany County
Ad #: 7257455

Home Sale Pending near Hudson River

Discover a great investment opportunity in Albany's South End with this three-unit property located just minutes from Downtown Albany, the Empire State Plaza, the Albany Waterfront, and major highways. The 2nd-floor unit is vacant, offering an ideal option for an owner-occupant or immediate rental potential. The 1st-floor and 2nd-floor units offer room for cosmetic updates, allowing a new owner to add value and maximize rents, while the basement apartment has been recently updated. The 1st-floor and basement units are tenant-occupied on month-to-month leases, providing built-in cash flow with flexibility for future plans. The current rents being received are below market value. With the right updates, higher rental rates can be achieved. Situated in an area experiencing continued growth and public investment, the South End and Downtown corridors are seeing new development, infrastructure improvements, and community revitalization. Close to local shops, public transit, restaurants, parks, and government offices, this location offers strong long-term rental demand. A solid addition to any investment portfolio with room to add value.

Property Details

  • Beds: 3
  • Baths: 3.0
  • Sq Feet: 1368
  • Year Built: 1890
  • Location: Hudson River
  • Acres: 0.020
  • County: Albany County
  • Heat/AC: Hot Water(Heating)
  • Garage: Off Street
  • Siding: Brick
  • Roof: Rubber
  • Property Taxes: $8,864
  • MLS #: 202530553

Location

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Contact Information:

Contact Agent
Listing Agent: Alexandria Sifontes, CapMark Realty, LLC, 518-470-8474, 518-877-6385 Listing Site, Listing Status: Pending
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.

Ad Statistics:

Lake Home Sale Pending in Albany, New York
Ad Number : 7257455
Viewed: 22 times
Added: Feb 11, 2026
Updated on: Feb 11, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.