$560,000
Albany, NY 12209
MLS# 202530382
Status: Closed
12 beds
1 / 57
Property Description
Investor alert! Incredible 6 unit investment opportunity in the Whitehall neighborhood of Albany. Located just walking distance to restaurants, the gym, parks and just minutes to everything downtown Albany has to offer. This updated property features a new roof, a new boiler, the exterior and most of the interior has been freshly painted and a coin operated washer and dryer in the basement There are two 3 bedroom units, two 2 bedroom units and two one bedroom units. Three of units are currently leased, month-to-month, and the other 3 are vacant. Estimated net operating income of $60,000 a year and a quiet neighborhood that's close to so many amenities. Owner pays sewer, trash, water, heat and hot water. This rare investment opportunity is a must see!
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 574900
Sold Price: $560,000
Current Price: $560,000
Listing Contract Date: 2025-12-03
List Price/SqFt: 194.75
Location
Street Number: 42
Street Name: Ten Eyck
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12209
City/Town (Mail): Albany
Cross Street: Matilda
Geo Lat: 42.642307
Geo Lon: -73.78651
Property Detail
Number Of Units Total: 6
Rooms Total: 30
Bedrooms Total: 12
Bathrooms Full: 6
Year Built: 1930
Above Grade Finished Area: 2952
Above Grade Finished Area Source: CRS
Below Grade Finished Area: 1456
Below Grade Finished Area Source: CRS
Living Area: 2952
Lot Size Acres: 0.14
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-02-27
Under Contract Date: 2025-12-25
Sold Date: 2026-02-27
Sold Price: $560,000
Sold Price/SqFt: 189.7
Financial Details
General Taxes: 3339.78
General Taxes Description: Estimated
School Taxes: 5612.74
School Taxes Description: Estimated
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 3rd
Photos - the contractual owner of the photos
Photo Owner: Photographer
Income And Expenses
Rental Income: 84300
Total Income: 84300
Electric Expense: 3600
Insurance Expense: 3750
Insurance Expense Description: Actual
Water Sewer Expense: 3100
Operating Expense: 5000
Net Operating Income: 59910
Parking Features
Parking Total: 3
Separate Utilities
Number Of Separate Electric Meters: 6
Unit Information
Number Of Dishwashers: 4
Number Of Dryers: 1
Number Of Refrigerators: 6
Number Of Stoves: 6
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: basement
Monthly Rent MF Unit 1: 750
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Flr
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 950
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Flr
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1550
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd flr
Monthly Rent MF Unit 4: 850
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3rd Flr
Occupant Type MF Unit 5: Vacant
Monthly Rent MF Unit 5: 1550
Total Rooms MF Unit 5: 6
Total Bedrooms MF Unit 5: 3
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3rd Flr
Monthly Rent MF Unit 6: 1150
Lease Term MF Unit 6: Month To Month
Total Rooms MF Unit 6: 5
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Finished
Basement: Apartment; Exterior Entry; Full; Heated; Interior Entry; Walk-Out Access
Construction Materials: Wood Siding
Electric: Circuit Breakers
Exterior Features: None
Fencing: None
Flooring: Vinyl; Wood
Heating: Hot Water; Natural Gas; Zoned
Interior Features: High Speed Internet; Paddle Fan; Stone Countertops; Vaulted Ceiling(s)
Lot Features: Corner Lot; Level
Parking Features: Driveway
Patio And Porch Features: Covered; Front Porch; Porch
Possession: At Closing
Roof: Asphalt; Rubber; Shingle
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Pet(s) on Premises; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 5 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Gas; Heat; Hot Water; Sewer; Trash; Water
Unit 6 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Gabler Realty LLC
Listing Agent: Rebecca L Cavalieri
518-210-4916 | Rebecca@GablerRealty.com
518-210-4916 | Rebecca@GablerRealty.com
