$175,000
Albany, NY 12206
MLS# 202611248
Status: Closed
6 beds
1 / 13
Property Description
Excellent investment opportunity! This well-maintained building offers three bedrooms, large living spaces and eat in kitchens. The kitchens, bathrooms, and flooring updated approximately four years ago, along with newer hot water heaters installed two years ago. Current rents are below market, offering strong upside potential. 2026 projected HUD Fair Market Rent for zip code 12206 is $2,030 per unit (see HUD rates in documents). Separate utilities and Ideally located within easy walking distance to Bleecker Stadium and close to shopping, dining, and major routes—this property combines convenience with great income potential.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 179900
Sold Price: $175,000
Current Price: $175,000
Listing Contract Date: 2026-01-29
List Price/SqFt: 73.01
Location
Street Number: 534
Street Name: 1st
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Cross Street: Ontario Street
Geo Lat: 42.667905
Geo Lon: -73.772168
Property Detail
Rooms Total: 13
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1890
Above Grade Finished Area: 2464
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2464
Lot Size Dimensions: 25 x 125
Lot Size Acres: 0.07
Main Road Frontage: 25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-06-08
Under Contract Date: 2026-02-02
Sold Date: 2026-06-08
Sold Price: $175,000
Sold Price/SqFt: 71.02
Financial Details
General Taxes: 1624
General Taxes Description: Actual
School Taxes: 1875
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 27600
Rental Income Description: Actual
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1200
Rent Desc. MF Unit 1: Actual
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 Detail
Rent: 1200
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 6
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1100
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1100
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 6
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Other Rooms 1st Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Electric: 200+ Amp Service
Exterior Features: None
Fencing: Chain Link
Flooring: Laminate
Foundation Details: Stone
Heating: Baseboard; Hot Water; Natural Gas
Interior Features: Built-in Features
Laundry Features: None
Levels: Two
Lot Features: Cleared; Level
Other Structures: None
Parking Features: None
Patio And Porch Features: Rear Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Flat
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water
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: Range; Refrigerator
Unit 1 Amenities: Built-in Features
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Built-in Features
RENT ROLL Tax Bills and PCD 
Listing Courtesy of Crystal Coleman Realty LLC
Listing Agent: Crystal J Coleman
518-229-4539 | crystal@coleman518.com
518-229-4539 | crystal@coleman518.com
