$259,000
Albany, NY 12209
MLS# 202617519
Status: Pending
6 beds
1 / 22
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.
Details
Maps
Contract Information
Original List Price: 259000
List Price/SqFt: 126.96
Status: Pending
Property Sub Type: Duplex
List Price: $259,000
Current Price: $259,000
Listing Contract Date: 2026-05-18
Location
City/Town (Mail): Albany
Street Number: 10
Street Name: Hurlbut
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12209
Geo Lat: 42.63983
Geo Lon: -73.77806
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2040
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2040
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1910
Status Change Info
Proposed Closing Date: 2026-07-01
Status Change Date: 2026-05-28
Under Contract Date: 2026-05-28
Parcel, Tax, HOA
Parcel Number: 010100 76.61-4-71
Tax Annual Amount: 4236
Tax Section: 76.61
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 71.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Second Ave towards route 9W, take a right onto Hurlbut St
Public Remarks: 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.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 4236
General Taxes Description: Estimated
Cooling
None: 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Hardwood: 1
Vinyl: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 3400
Rental Income Description: Estimated
Total Income: 40800
Total Income Description: Gross
Laundry Features
In Basement: 1
Parking Features
None: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Screened: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Electricity: 1
Gas: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 1 Detail
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Unit 2 Detail
Total Bedrooms: 3
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 2 Appliances
Refrigerator: 1
Oven: 1
Property Features
Architectural Style: Traditional
Basement: Unfinished
Construction Materials: Aluminum Siding
Cooling: None
Duplex Type: Up And Down
Exterior Features: None
Fencing: Back Yard
Flooring: Hardwood; Vinyl
Heating: Forced Air; Natural Gas
Laundry Features: In Basement
Owner Pays: Sewer; Trash Collection; Water
Parking Features: None
Patio And Porch Features: Covered; Front Porch; Screened
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Appliances: Refrigerator; Oven
Listing Courtesy of Redway Realty LLC
Listing Agent: Wendy Towers
518-337-0256 | wtowers@redwayrealty.com
518-337-0256 | wtowers@redwayrealty.com