$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
Original List Price: 574900
List Price/SqFt: 194.75
Status: Closed
Property Sub Type: Multi Family
Sold Price: $560,000
Current Price: $560,000
Listing Contract Date: 2025-12-03
Location
City/Town (Mail): Albany
Cross Street: Matilda
Street Number: 42
Street Name: Ten Eyck
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12209
Geo Lat: 42.642307
Geo Lon: -73.78651
Property Detail
Number Of Units Total: 6
Rooms Total: 30
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2952
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
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
Bedrooms Total: 12
Bathrooms Full: 6
Year Built: 1930
Status Change Info
Sold Price/SqFt: 189.7
Status Change Date: 2026-02-27
Under Contract Date: 2025-12-25
Sold Date: 2026-02-27
Sold Price: $560,000
Parcel, Tax, HOA
Parcel Number: 010100 75.68-1-12
Tax Annual Amount: 8953
Tax Section: 75.68
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 12.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Whitehall to Ten Eyck, building on the corner of Matilda and Ten Eyck. Parking on Matilda
Public Remarks: 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!
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
Circuit Breakers: 1
Fencing
None: 1
Financial Details
General Taxes: 3339.78
General Taxes Description: Estimated
School Taxes: 5612.74
School Taxes Description: Estimated
Attic Features
Finished: 1
Basement
Apartment: 1
Exterior Entry: 1
Full: 1
Heated: 1
Interior Entry: 1
Walk-Out Access: 1
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
Lot Features
Corner Lot: 1
Level: 1
Construction Materials
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Vinyl: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Pet(s) on Premises: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Rubber: 1
Shingle: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Zoned: 1
Income And Expenses
Rental Income: 84300
Electric Expense: 3600
Total Income: 84300
Insurance Expense: 3750
Insurance Expense Description: Actual
Water Sewer Expense: 3100
Operating Expense: 5000
Net Operating Income: 59910
Interior Features
High Speed Internet: 1
Paddle Fan: 1
Stone Countertops: 1
Vaulted Ceiling(s): 1
Parking Features
Parking Total: 3
Driveway: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Porch: 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 6
Tenant Pays
Cable TV: 1
Electricity: 1
Internet: 1
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
Unit 1 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 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: 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
Unit 2 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 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
Unit 3 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 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
Unit 4 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 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
Unit 5 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 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
Unit 6 Owner Furnish Features
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Trash: 1
Water: 1
Unit 6 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 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
