HIGHEST & BEST DUE WED. 9/17 @ 10 AM. Great opportunity for either an investor or an owner-occupant! This Albany duplex is ideally situated and has a strong rental history, particularly with student housing, making it a reliable income-producing property. The property remained occupied until the end of June 2025.
The first-floor unit features 4 bedrooms and 1 full bath, most recently rented for $2,200 per month plus $600 in water fees. The second-floor unit offers 3 bedrooms and 1 full bath, with a history of $1,800 per month plus $450 in water fees. Both units offer spacious layouts and strong rental appeal, ensuring continued demand.
With a projected cap rate of approximately 10%, this property offers excellent cash flow potential. Its prime location and solid rental history, make it perfect for those looking to generate immediate income or occupy one unit while collecting rent from the other. A smart addition to any portfolio!
Property Type(s):
Multi Family
|
Last Updated
|
9/10/2025
|
Year Built
|
1890
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Wood Siding |
| EXTERIOR |
Other |
| HEAT |
Hot Water, Natural Gas |
| LOT |
3920 sq ft |
| LOT DIMENSIONS |
33X115.2 |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
8831.41 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Miranda Real Estate Group Inc
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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