$249,000
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
Documents
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 259000
List Price: $249,000
Current Price: $249,000
Listing Contract Date: 2026-05-18
List Price/SqFt: 122.06
Location
Street Number: 10
Street Name: Hurlbut
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12209
City/Town (Mail): Albany
Geo Lat: 42.63983
Geo Lon: -73.77806
Property Detail
Rooms Total: 12
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1910
Above Grade Finished Area: 2040
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2040
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-09-03
Under Contract Date: 2026-09-03
Proposed Closing Date: 2026-10-16
Financial Details
General Taxes: 4236
General Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 3400
Rental Income Description: Estimated
Total Income: 40800
Total Income Description: Gross
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
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 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 Detail
Total Bedrooms: 3
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
PCD 
Listing Courtesy of Redway Realty LLC
Listing Agent: Wendy Towers
518-337-0256 | wtowers@redwayrealty.com
518-337-0256 | wtowers@redwayrealty.com
