MULTIPLE OFFER DEADLINE SATURDAY 11/15 AT 3PM Looking for an investment property? This over under duplex offers a 10 Cap with the stability of long-term tenants - upstairs has been there for 30 years and downstairs has been there for 10 years - and a net operating income of $15k per year and has been lovingly maintained. Conveniently located just walking distance to the U Albany downtown campus, Washington Park and Lark St.
Each unit offers separate utilities, 2 bedrooms, an eat in kitchen, large living room and laundry in the unit. Rents are set to increase to $815 per month in Jan. Additional features include exposed beams in the 2nd flr unit, gorgeous woodwork and new laminate flooring and beautiful wood flooring in the 1st floor unit. The rubber roof was just coated with Henry aluminum coating with a 7 year warranty, the front porch and rear stairs are new, and the hot water tanks are newer. If you're looking for a solid investment opportunity in Albany your search is over!
Property Type(s):
Multi Family
|
Last Updated
|
11/10/2025
|
Year Built
|
1907
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Exterior Entry, Full, Interior Entry, Walk-Out Access, Yes |
| CONSTRUCTION |
Aluminum Siding |
| EXTERIOR |
None |
| HEAT |
Baseboard, Electric |
| INTERIOR |
Cathedral Ceiling(s), High Speed Internet |
| LOT |
1307 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
0.03 |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
4216 |
| UTILITIES |
Cable Available, Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Gabler Realty, LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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