$220,000
Albany, NY 12203
MLS# 202526456
Status: Closed
6 beds
1 / 28
Property Description
Great investment opportunity just minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. This two-family property features two spacious 3-bedroom units, each offering a large foyer, generous living room, and a bonus room that can be used as a dining room, office, or additional living space. The first-floor tenants are long-term residents currently on a month-to-month lease, while the second-floor tenant has been in place since December 2024 with a lease through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. This desirable location attracts both students, medical professionals, and anyone looking to live in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area.
Details
Maps
Documents
Contract Information
Original List Price: 235000
List Price/SqFt: 98.17
Status: Closed
Property Sub Type: Duplex
Sold Price: $220,000
Current Price: $220,000
Listing Contract Date: 2025-09-23
Location
City/Town (Mail): Albany
Street Number: 265
Street Name: Western
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.662725
Geo Lon: -73.779012
Property Detail
Rooms Total: 8
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2240
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2240
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1890
Status Change Info
Sold Price/SqFt: 98.21
Status Change Date: 2026-01-02
Under Contract Date: 2025-10-22
Sold Date: 2025-12-19
Sold Price: $220,000
Parcel, Tax, HOA
Parcel Number: 010100 65.61-5-55
Tax Annual Amount: 6307.72
Tax Section: 65.61
Total Taxes Description: Estimated
Tax Block: 5
Tax Lot: 55.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Western Ave between Ontario St and Quail St
Public Remarks: Great investment opportunity just minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. This two-family property features two spacious 3-bedroom units, each offering a large foyer, generous living room, and a bonus room that can be used as a dining room, office, or additional living space. The first-floor tenants are long-term residents currently on a month-to-month lease, while the second-floor tenant has been in place since December 2024 with a lease through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. This desirable location attracts both students, medical professionals, and anyone looking to live in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
150 Amp Service: 1
Financial Details
General Taxes: 2618.97
General Taxes Description: Estimated
School Taxes: 3688.75
School Taxes Description: Estimated
Attic Features
No Attic Access: 1
Cooling
None: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Garden: 1
Construction Materials
Brick: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Carpet: 1
Hardwood: 1
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
View
None: 1
Water Source
Public: 1
Foundation Details
Combination: 1
Heating
Baseboard: 1
Hot Water: 1
Radiant: 1
Income And Expenses
Rental Income: 27600
Rental Income Description: Estimated
Laundry Features
None: 1
Parking Features
Parking Total: 0
Off Street: 1
None: 1
Patio And Porch Features
Porch: 1
Owner Pays
Water: 1
Levels
Bi-Level: 1
Separate Utilities
Electric: 1
Gas: 1
Water Heater: 1
Water Meter: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Window Features
Wood Frames: 1
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First Fl
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Fl
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1300
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Estimated
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Working Only
Total Rooms Unit 1: 7
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Total Full Baths: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Other Rooms 1st Floor: 1
Unit 2 Detail
Rent: 1300
Rent Description Unit 2: Estimated
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Cooktop: 1
Range: 1
Refrigerator: 1
Unit 1 Amenities
Built-in Features: 1
Unit 2 Appliances
Cooktop: 1
Range: 1
Refrigerator: 1
Unit 2 Amenities
Built-in Features: 1
Property Features
Architectural Style: Traditional
Attic Features: No Attic Access
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: None
Duplex Type: Up And Down
Electric: 150 Amp Service
Exterior Features: None
Flooring: Carpet; Hardwood; Laminate
Foundation Details: Combination
Heating: Baseboard; Hot Water; Radiant
Laundry Features: None
Levels: Bi-Level
Lot Features: Garden
Other Structures: None
Owner Pays: Water
Parking Features: Off Street; None
Patio And Porch Features: Porch
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water
Utilities: Cable Available
Window Features: Wood Frames
View: None
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Cooktop; Range; Refrigerator
Unit 1 Amenities: Built-in Features
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Appliances: Cooktop; Range; Refrigerator
Unit 2 Amenities: Built-in Features
Property Condition Disclosure 
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Rosemarie Durant
518-368-1444 | rosemarie.durant@coldwellbankerprime.com
518-368-1444 | rosemarie.durant@coldwellbankerprime.com
