$295,000
Albany, NY 12208
MLS# 202616845
Status: Pending
8 beds
1 / 11
Property Description
This well-maintained two-family property is a strong income-producing opportunity. Generating $4,521 per month with separate utilities, updated kitchens, and baths, this property offers excellent cash flow. Long-term Section 8 tenants are month-to-month, providing both stability and flexibility for investors. Centrally located just blocks from Albany Medical Center, St. Peter's Hospital, Albany Law School, and Albany College of Pharmacy
Details
Maps
Contract Information
Original List Price: 295000
List Price/SqFt: 115.6
Status: Pending
Property Sub Type: Duplex
List Price: $295,000
Current Price: $295,000
Listing Contract Date: 2026-05-11
Location
City/Town (Mail): Albany
Street Number: 59
Street Name: Dana
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.653511
Geo Lon: -73.77078
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2552
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2552
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1900
Status Change Info
Proposed Closing Date: 2026-06-12
Status Change Date: 2026-05-19
Under Contract Date: 2026-05-18
Parcel, Tax, HOA
Parcel Number: 010100 76.23-1-34
Tax Annual Amount: 3438.43
Tax Section: 76.23
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 34.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: New Scotland Ave to Dana Ave.
Public Remarks: This well-maintained two-family property is a strong income-producing opportunity. Generating $4,521 per month with separate utilities, updated kitchens, and baths, this property offers excellent cash flow. Long-term Section 8 tenants are month-to-month, providing both stability and flexibility for investors. Centrally located just blocks from Albany Medical Center, St. Peter's Hospital, Albany Law School, and Albany College of Pharmacy
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
Circuit Breakers: 1
Fencing
Back Yard: 1
Attic Features
Full: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Level: 1
Construction Materials
Aluminum Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Tile: 1
Showing Requirements
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Baseboard: 1
Natural Gas: 1
Parking Features
None: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Water Meter: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Cable TV: 1
DSL Internet: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Unit Information
Number Of Dishwashers: 2
Number Of Dryers: 2
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Monthly Rent MF Unit 1: 2238
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 4
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 2238
Rent Description Unit 1: Actual
Total Bedrooms: 4
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Monthly Rent MF Unit 2: 2282
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 2282
Rent Description Unit 2: Actual
Total Bedrooms: 4
Property Features
Architectural Style: Traditional
Attic Features: Full
Basement: Full
Construction Materials: Aluminum Siding
Cooling: None
Electric: Circuit Breakers
Exterior Features: None
Fencing: Back Yard
Flooring: Hardwood; Tile
Foundation Details: Concrete Perimeter
Heating: Baseboard; Natural Gas
Levels: Two
Lot Features: Level
Parking Features: None
Possession: Subject To Tenant Rights
Roof: Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; DSL Internet; Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Available
Water Source: Public
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Paul T Fontane
518-506-6937 | pfontane@cbpp.com
518-506-6937 | pfontane@cbpp.com
