$172,000
Albany, NY 12202
MLS# 202612538
Status: Closed
4 beds

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Property Description
Financing can be conventional residential for this building (does not have to be commercial). Fantastic upside potential in this well maintained 2 family property featuring long term tenants and an on site income producing laundry operation. The lower level includes four coin operated washers and four coin operated dryers, currently offered exclusively to the owner's tenants, including his tenants from his surrounding properties. The laundry fluctuates anywhere from $250-$500 per month in additional income. The two residential units currently rent for $850 and $900 per month, providing immediate cash flow with significant room for growth. Both units are spacious, offering large bedrooms, generous closet space, hardwood flooring, and ceramic tiled bathrooms. The property is located in an area undergoing active redevelopment, with nearby lots being developed into brand new 2- & 3-unit buildings. This presents a strong opportunity to capitalize on the ongoing revitalization of the neighborhood. Fair market rents in ZIP code 12202 is $1,420 per unit, making this an excellent value add investment.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 189900
Sold Price: $172,000
Current Price: $172,000
Listing Contract Date: 2026-02-27
List Price/SqFt: 95.19
Location
Street Number: 143
Street Name: Clinton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Cross Street: Second Ave
Geo Lat: 42.637911
Geo Lon: -73.761159
Property Detail
Rooms Total: 10
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1890
Above Grade Finished Area: 1890
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 1890
Lot Size Dimensions: 21.2 X 60
Lot Size Acres: 0.03
Main Road Frontage: 21.2
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-07-06
Under Contract Date: 2026-06-01
Sold Date: 2026-07-02
Sold Price: $172,000
Sold Price/SqFt: 91.01
Financial Details
General Taxes: 2149
General Taxes Description: Actual
School Taxes: 1809
School Taxes Description: Actual
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 3rd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 24000
Total Income: 2400
Insurance Expense: 1200
Insurance Expense Description: Estimated
Water Sewer Expense: 600
Water Sewer Expense Desc.: Estimated
Separate Utilities
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Unit Information
Number Of Dryers: 4
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 2nd FL
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 850
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 850
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Working Only
Total Rooms Unit 1: 4
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2, 3rd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 900
Rent Desc. MF Unit 2: Actual
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: 900
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Kitchen Unit 2: Working Only
Total Rooms Unit 2: 4
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Slab; None
Construction Materials: Brick; Wood Siding
Cooling: None
Electric: 100 Amp Service
Exterior Features: None
Fencing: None
Flooring: Carpet; Ceramic Tile; Hardwood
Foundation Details: Brick/Mortar; Combination; Slab
Heating: Baseboard; Natural Gas
Interior Features: Ceramic Tile Bath
Lot Features: Level
Parking Features: None
Patio And Porch Features: None
Possession: At Closing; Subject To Tenant Rights
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Ceramic Tile
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Leon Levy
518-727-7493 | llevy@bhhsblake.com
518-727-7493 | llevy@bhhsblake.com


Rent Roll PCD Tax Bills Disclosures