Turnkey two-unit multifamily in Utica — fully remodeled and generating income from day one. Both units have been completely updated featuring new kitchens, tiled bathrooms, and vinyl flooring throughout. Unit 1 is tenant-occupied at $1,300/month with a strong payment history. Unit 2 offers 3 beds / 1.5 bath and is vacant — rent immediately or owner-occupy. Each unit has its own furnace and water heater. 3 separate electric meters. Nearly 2,000 sq ft of living space across two floors (983 sq ft per unit) on a 30×101 lot. Seller will deliver clean basement and backyard at closing. A true turnkey investment — updated, occupied, and ready to perform.
Property Details
Price:
$199,900
MLS #:
S1685912
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
uticacity301600
Listed Date:
Jun 3, 2026
Finished Sq Ft:
1,966
Total Sq Ft:
1,966
Lot Size:
3,030 sqft / 0.07 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Utica
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Flooring
Tile, Varies, Vinyl
Heating
Gas, Baseboard, Forced Air, Hot Water, Stove
Levels
Two
Exterior
Construction Materials
Blown In Insulation, Vinyl Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
No Driveway, On Street
Stories
2
Financial
Taxes
$1,543
Map
Community
- Address508 Albany Street Utica NY
- CityUtica
- CountyOneida
- Zip Code13501
Subdivisions in Utica
- Ab Johnson
- Academy/Southgate Condo
- Adirondack View
- Brinckerhoff Farm
- Brookside Park
- Childrens Home/Utica
- City/Utica
- Colonial Square Sub
- Cosbys Manor
- Devereux Farm
- East Utica
- Freeholders Inc
- Genesee Manor
- Hamilton Park
- Henry Hilton
- Henry Roberts Estate
- Hilton Reality Co
- Hollingworth Farm
- Hugh R Jones Co Inc Ridge
- John Bleeker Project
- John Hoefler
- Koury
- Mary E Corcanan
- Nob Hill Div
- Northview Dev
- Orville Heights Ext
- Proctor Blvd
- Prospect Park
- Ridgewood-Utica Corp
- Riverside Heights
- South Genesse Lawn 2nd Ad
- Southgate Condo
- Stocking Farm
- Sunset Park
- Thieme Place
- Utica Hlnds
- Utica Pkwy Co Inc
Market Summary
Current real estate data for Multi Family in Utica as of Jul 12, 2026
90
Multi Family Listed
115
Avg DOM
75
Avg $ / SqFt
$211,384
Avg List Price
Property Summary
- 508 Albany Street Utica NY is a Multi Family for sale in Utica, NY, 13501. It is listed for $199,900
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Courtesy of Assist2Sell Buyers & Sellers 1st Choice. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 508 Albany Street
Utica, NY