$209,900
Albany, NY 12203
MLS# 202615101
4 beds
1 / 43
Property Description
Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.
Details
Maps
Documents
Contract Information
Original List Price: 219900
List Price/SqFt: 140.31
Status: Active
Property Sub Type: Duplex
List Price: $209,900
Current Price: $209,900
Listing Contract Date: 2026-04-15
Location
City/Town (Mail): Albany
Street Number: 40
Street Name: Cortland
Street Suffix: Place
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.661496
Geo Lon: -73.774729
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 1496
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 1496
Lot Size Acres: 0.03
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Family Room Y/N (Units): Both Units
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1903
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.62-2-73
Tax Annual Amount: 5000
Tax Section: 65.62
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 73.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: off Western Ave 1st house on the Right
Public Remarks: Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Attic Features
Hatch: 1
Cooling
Window Unit(s): 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Cleared: 1
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Hardwood: 1
Showing Requirements
Lockbox: 1
Special Listing Conditions
Ownership: Onondaga Real Estate LLC
Utilities
Cable Available: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Baseboard: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 22800
Rental Income Description: Yearly
Interior Features
High Speed Internet: 1
Open Floorplan: 1
Laundry Features
Common Area: 1
Laundry Room: 1
Main Level: 1
Patio And Porch Features
Front Porch: 1
Owner Pays
Sewer: 1
Water: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Electricity: 1
Heat: 1
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 950
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 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: 950
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 6
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Dining Rooms 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
Unit 1 Amenities
High Speed Internet: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 950
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
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: 950
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Rooms Unit 2: 6
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 2 Dining Room Type
Combined DR/LR: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Amenities
High Speed Internet: 1
Status Change Info
Status Change Date: 2026-04-15
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Full; Unfinished
Construction Materials: Aluminum Siding
Cooling: Window Unit(s)
Duplex Type: Up And Down
Exterior Features: None
Flooring: Hardwood
Heating: Baseboard; Hot Water; Natural Gas
Interior Features: High Speed Internet; Open Floorplan
Laundry Features: Common Area; Laundry Room; Main Level
Lot Features: Cleared
Owner Pays: Sewer; Water
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Flat
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Lockbox
Tenant Pays: Electricity; Heat
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; 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 1 Amenities: High Speed Internet
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: High Speed Internet
DOCS 
Listing Courtesy of Clancy Real Estate
Listing Agent: Kevin Clancy
518-461-9937 | kclancy514@gmail.com
518-461-9937 | kclancy514@gmail.com