BEDS6
BATHS2 full
SQUARE FEET2,040
MLS#202617519
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLAlbany
Property Description
Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Roof Type: Rubber
Taxes: $4,236
Year Built: 1910
Feature Descriptions
Days on Site: 13
Exterior: Aluminum Siding
Exterior: None
Fencing: Back Yard
Flooring: Vinyl, Hardwood
Laundry: In Basement
Parcel #: 010100 76.61-4-71
Parking: None
Patio/Porch: Screened, Covered, Front Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 2040
Utilities: Cable Available
Water: Public
Local Schools
High School: Albany
School District: Albany
Listed By / Shown By
Listing By
Agency Name: Redway Realty LLC
Agency Phone: 1 917-915-0250
Shown By
Agent Name: Harold Baldwin
Agent Phone:
Agency Title: CKM Team Realty
Estimate Your Payment
Estimated Payment
$ 1,004.96 per month $576.42 Principal & Interest $353.00 Property Tax $75.54 Homeowner's Insurance
10 Hurlbut Street | MLS# 202617519
This multi-family property located at 10 Hurlbut Street, Albany, NY 12209 is currently listed for sale with an asking price of $259,000. Hurlbut Street is located within the Albany school district. Search Albany real estate on www.newyorkcliftonparkhomes.com today.