Marta Weisz
Licensed Real Estate Salesperson
REALTOR®
Margaretville, NY
Office: (845) 586-3321 (917) 837-5469 Cell

176 Exchange Street, Albany, NY 12205

New - 41 Hours Ago
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Property Description

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 monthUpgrades: Features brand-new Mini-Split HVAC systems for efficient year-round climate control.Mechanicals & HighlightsUpgraded 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!

176 Exchange Street | MLS# 202629739

This multi-family property located at 176 Exchange Street, Albany, NY 12205 is currently listed for sale with an asking price of $459,000. Exchange Street is located within the South Colonie school district. Search Albany real estate on marta-weisz.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Slab
Heating: Hot Water
Home Style: Ranch
Lot Size: 0.47 Acres
Roof Type: Asbestos Shingle
Stories: 1.0
Taxes: $8,439
Year Built: 1998

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Exterior: Other
Foundation: Block
Parcel #: 012689 53.12-1-16
Parking: Driveway
Parking Total: 6
Parking Total: 6
Security: Smoke Detector(s)
Sewer: Shared Septic
SQFT Above Grade Finished: 2176
SQFT Below Grade Finished: 225
Water: Public
Windows: Blinds

Local Schools

High School: Colonie Central HS
School District: South Colonie

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Estimated Payment

$ 1,858.66 per month $1,021.54 Principal & Interest $703.25 Property Tax $133.88 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Weichert Realtors Reliable Properties
Agency Phone: 1 518-312-4800

Shown By

Agent Name: Marta Weisz
Agent Phone: (917) 837-5469 Cell
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/09/2026. The listing information on this page last changed on 11/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/09/2026 12:00:00 AM EST) or Global MLS (last updated Sun 11/08/2026 11:52:43 PM EST) or New York State Alliance MLS (last updated Sun 11/08/2026 11:55:01 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 11/08/2026 11:51:14 PM EST) or OneKey MLS (last updated Sun 11/08/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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