Historic 1890s Victorian with Income Potential and Prime C-5 Zoning in Downtown Albany

Step into classic Southern charm paired with exceptional versatility in this grand 1890s Victorian, ideally located just one block from Phoebe Putney Memorial Hospital in the heart of Albany. Offered at $175,000, this landmark property is zoned C-5 and is currently operating as a successful Airbnb, making it a rare opportunity for both owner-occupants and investors. With its central location and flexible zoning, the property is well suited for continued short-term rental use, a boutique business, professional offices, or a live-work setup in a truly memorable setting.

Spanning approximately 3,102 square feet across two stories, the home offers five bedrooms and three full bathrooms, along with architectural details that reflect the craftsmanship of a bygone era. High ceilings, original hardwood floors, ornate trim work, and multiple fireplaces create a sense of grandeur throughout the interior. Large windows allow natural light to fill the space, while the gracious wraparound porch invites guests and visitors to slow down and enjoy the neighborhood atmosphere. The gated brick entrance and mature landscaping further enhance the home’s stately presence and curb appeal.

Adding even more value is the detached carriage house, currently used for storage but offering excellent potential for conversion into a guest suite, office space, or an additional rental unit. This extra structure opens the door to increased income or expanded functionality, depending on your vision. Whether you are seeking a character-filled investment, a distinctive commercial property, or a historic home with proven income potential, this Victorian stands out as a unique and flexible opportunity ready for its next chapter.

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Listed in ZILLOW