$380,000
Albany, NY 12207
MLS# 202519646
Status: Closed
6 beds
1 / 31
Property Description
FOR SALE: Downtown Albany Turn-Key Portfolio (124 Hamilton + 2 Vacant Lots) Property Type: Turn-Key 3-Unit Brick Building + Two Adjacent Vacant Lots Location: Downtown Albany, NY (Views of MVP Arena) Projected Gross Annual Rent: $57,600 ($4,800/month) Key Features: Turn-key building for immediate cash flow. One large, two-floor apartment unit. Includes rare off-street parking. Package Includes: 124 Hamilton St (Turn-key 3-Unit) 122 Hamilton St (Vacant Lot) 39 Van Zandt St (Vacant Lot) Value Proposition: High-demand rental area, walkability to amenities, and significant development potential with two included vacant lots. Prime opportunity for an investor's portfolio.
Details
Maps
Documents
Contract Information
Original List Price: 375000
List Price/SqFt: 81.81
Status: Closed
Property Sub Type: Triplex
Sold Price: $380,000
Current Price: $380,000
Listing Contract Date: 2025-06-16
Location
City/Town (Mail): Albany
Street Number: 124
Street Name: Hamilton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12207
Geo Lat: 42.647108
Geo Lon: -73.756774
Property Detail
Rooms Total: 17
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 4584
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 4584
Lot Size Acres: 3049
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 3
Year Built: 1846
Status Change Info
Sold Price/SqFt: 82.9
Status Change Date: 2025-09-15
Under Contract Date: 2025-06-20
Sold Date: 2025-09-15
Sold Price: $380,000
Parcel, Tax, HOA
Parcel Number: 010100 76.49-2-9
Tax Annual Amount: 7538
Total Taxes Description: Actual
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Off exit 23 to 787 off route 20 Folow your waze
Public Remarks: FOR SALE: Downtown Albany Turn-Key Portfolio (124 Hamilton + 2 Vacant Lots)
Property Type: Turn-Key 3-Unit Brick Building + Two Adjacent Vacant Lots
Location: Downtown Albany, NY (Views of MVP Arena)
Projected Gross Annual Rent: $57,600 ($4,800/month)
Key Features:
Turn-key building for immediate cash flow.
One large, two-floor apartment unit.
Includes rare off-street parking.
Package Includes:
124 Hamilton St (Turn-key 3-Unit)
122 Hamilton St (Vacant Lot)
39 Van Zandt St (Vacant Lot)
Value Proposition: High-demand rental area, walkability to amenities, and significant development potential with two included vacant lots. Prime opportunity for an investor's portfolio.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
200+ Amp Service: 1
Fencing
Back Yard: 1
Attic Features
None: 1
Cooling
Central Air: 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: Basement
Full Bath 2: 3rd
Full Bath 3: 2nd
Half Bath 1: 1st
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Garden: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Electric: 1
Parking Features
Parking Total: 4
Separate Utilities
Electric: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: basement
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st 2nd
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Total Half Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 1 Detail
Total Bedrooms: 1
Unit 2 Detail
Total Bedrooms: 2
Unit 3 Detail
Total Bedrooms: 2
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Unfinished
Construction Materials: Brick
Cooling: Central Air
Electric: 200+ Amp Service
Exterior Features: Garden
Fencing: Back Yard
Possession: At Closing
Separate Utilities: Electric; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: Standard
Water Source: Public
Lead Paint 
Listing Courtesy of REMAX Solutions
Listing Agent: Scott J Alvarez
518-522-7265 | coachscott513@gmail.com
518-522-7265 | coachscott513@gmail.com
