$310,000
Albany, NY 12207
MLS# 202614160
Status: Closed
5 beds
1 / 57
Property Description
39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt Street. Although some apartments are listed as 1 bedroom, the tenants have elected to use them as 2 bedrooms. Seller pays approximately $3,947.16 for utilities annually (2025). Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I-87. Property was under contract for a long period of time only to have the buyers financing fail at last minute.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 325000
Sold Price: $310,000
Current Price: $310,000
Listing Contract Date: 2026-03-31
List Price/SqFt: 74.68
Location
Street Number: 128
Street Name: Hamilton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12207
City/Town (Mail): Albany
Cross Street: Madison Avenue
Geo Lat: 42.647152
Geo Lon: -73.757001
Property Detail
Rooms Total: 11
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1858
Garage Spaces: 2
Above Grade Finished Area: 4352
Above Grade Finished Area Source: CRS
Below Grade Finished Area: 1078
Below Grade Finished Area Source: CRS
Living Area: 4352
Lot Size Dimensions: 23' x 121' x 18' x 49' x 73'
Lot Size Acres: 0.06
Main Road Frontage: 23
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-07-02
Under Contract Date: 2026-04-28
Sold Date: 2026-07-02
Sold Price: $310,000
Sold Price/SqFt: 71.23
Financial Details
General Taxes: 2847.37
General Taxes Description: Estimated
School Taxes: 4222.24
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: Basement
Photos - the contractual owner of the photos
Photo Owner: Photographer
Special Listing Conditions
Ownership: LLC
Parking Features
Parking Total: 2
Separate Utilities
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Monthly Rent MF Unit 1: 750
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 750
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 3
Total Bedrooms: 1
Bedrooms In Basement: 1
Full Baths In Basement: 1
Kitchens In Basement: 1
Living Rooms In Basement: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: First
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1500
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1500
Rent Description Unit 2: Estimated
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Rooms Unit 2: 4
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Second
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 837
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 837
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 4
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Third
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Total Rooms Unit 4: 4
Total Bedrooms: 1
Bedrooms on 3rd Floor: 1
Full Baths 3rd Floor: 1
Dining Rooms 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Property Features
Architectural Style: Other
Attic Features: Hatch; Other
Basement: Apartment; Exterior Entry; Finished; Full; Heated
Construction Materials: Brick
Cooling: None
Exterior Features: Garden
Fencing: Back Yard; Full
Fireplace Features: Living Room; Other
Flooring: Ceramic Tile; Laminate; Wood
Foundation Details: Brick/Mortar
Heating: Hot Water; Radiant
Interior Features: Walk-In Closet(s)
Laundry Features: None
Levels: Three Or More
Lot Features: Road Frontage
Other Structures: Garage(s)
Owner Pays: Heat; Other
Parking Features: Detached; Garage; Off Street; Other
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Internet; Other
Utilities: Cable Connected
Window Features: Insulated Windows
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Other; Refrigerator; Storage; Stove
Unit 1 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Cable Available; Walk-In Closet(s)
Unit 2 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Trash; Water; Other
Unit 2 Includes: Bathroom; Dining Room; Fireplace; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Cable Available; Crown Molding
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Fireplace; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Amenities: Cable Available; Walk-In Closet(s)
Unit 3 Dining Room Type: Formal Dining Room
Unit 3 Appliances: Range; Refrigerator; Oven
Unit 4 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Trash; Water
Unit 4 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 4 Dining Room Type: Formal Dining Room
Unit 4 Appliances: Range; Refrigerator; Oven
Unit 4 Amenities: Cable Available
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Michael Keefrider
518-423-0481 | mkeefrider@yahoo.com
518-423-0481 | mkeefrider@yahoo.com
