$179,900
Albany, NY 12202
MLS# 202612538
Status: Pending
4 beds
1 / 20
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
Original List Price: 189900
List Price/SqFt: 95.19
Status: Pending
Property Sub Type: Duplex
List Price: $179,900
Current Price: $179,900
Listing Contract Date: 2026-02-27
Location
City/Town (Mail): Albany
Cross Street: Second Ave
Street Number: 143
Street Name: Clinton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.637911
Geo Lon: -73.761159
Property Detail
Rooms Total: 10
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 1890
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
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
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Proposed Closing Date: 2026-06-22
Status Change Date: 2026-06-01
Under Contract Date: 2026-06-01
Parcel, Tax, HOA
Parcel Number: 010100 76.72-2-71
Tax Annual Amount: 3958
Tax Section: 76.72
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 71.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Delaware Avenue to Second Avenue to Clinton St (NOT CLINTON AVE!)
Public Remarks: 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.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
100 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 2149
General Taxes Description: Actual
School Taxes: 1809
School Taxes Description: Actual
Attic Features
None: 1
Cooling
None: 1
Basement
Slab: 1
None: 1
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 3rd
Lot Features
Level: 1
Construction Materials
Brick: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Showing Requirements
Lockbox: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Combination: 1
Slab: 1
Heating
Baseboard: 1
Natural Gas: 1
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
Interior Features
Ceramic Tile Bath: 1
Parking Features
Parking Total: 0
None: 1
Patio And Porch Features
None: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
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 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 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
Unit 1 Dining Room Type
Combined DR/LR: 1
Unit 1 Appliances
Range: 1
Refrigerator: 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 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 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
Unit 2 Includes
Bathroom: 1
Dryer Hookup: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Unit 2 Dining Room Type
Combined DR/LR: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Amenities
Ceramic Tile: 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
Rent Roll PCD Tax Bills Disclosures 
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Leon Levy
518-727-7493 | llevy@bhhsblake.com
518-727-7493 | llevy@bhhsblake.com