$225,000
Albany, NY 12206
MLS# 202527343
Status: Closed
4 beds
1 / 50
Property Description
627 Third Street, Albany, NY - Excellent investment opportunity! This fully rented 4-bed, 2-bath duplex is a proven income producer with long-term tenants already in place. Each unit offers comfortable layouts, stable rental history, and reliable cash flow. Delivered turnkey, this property is ideal for investors seeking passive income in a convenient Albany location close to schools, shopping, and public transit. A solid addition to any portfolio!
Details
Maps
Documents
Contract Information
Original List Price: 225000
List Price/SqFt: 102.27
Status: Closed
Property Sub Type: Duplex
Sold Price: $225,000
Current Price: $225,000
Listing Contract Date: 2025-10-08
Location
City/Town (Mail): Albany
Street Number: 627
Street Name: 3rd
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.673215
Geo Lon: -73.776473
Property Detail
Rooms Total: 9
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2200
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2200
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1900
Status Change Info
Type of Withdrawal: Withdrawn Conditional
Sold Price/SqFt: 102.27
Status Change Date: 2026-01-29
Sold Date: 2026-01-28
Sold Price: $225,000
Parcel, Tax, HOA
Parcel Number: 010100 65.30-1-67
Tax Annual Amount: 2589.47
Tax Section: 65.30
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 67.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From I-90, take Exit 6A to US-9 S/Henry Johnson Blvd. Continue ~1.5 mi, turn left on Livingston Ave, then right on N Pearl St. After ~0.5 mi, turn left on Third St. Continue to 627 Third St, on the right.
Public Remarks: 627 Third Street, Albany, NY - Excellent investment opportunity! This fully rented 4-bed, 2-bath duplex is a proven income producer with long-term tenants already in place. Each unit offers comfortable layouts, stable rental history, and reliable cash flow. Delivered turnkey, this property is ideal for investors seeking passive income in a convenient Albany location close to schools, shopping, and public transit. A solid addition to any portfolio!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
Back Yard: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Aluminum Siding: 1
Vinyl 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
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Pet(s) on Premises: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Forced Air: 1
Income And Expenses
Rental Income: 3000
Rental Income Description: Monthly
Electric Expense Description: Tenant
Insurance Expense: 1200
Insurance Expense Description: Estimated
Maintenance Expense: 2160
Water Sewer Expense: 800
Water Sewer Expense Desc.: Estimated
Operating Expense: 10649
Net Operating Income: 34200
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Water Meter: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Occupant Type Unit 1: Tenant
Total Bedrooms: 2
Unit 2 Detail
Rent: 1500
Rent Description Unit 2: Actual
Occupant Type Unit 2: Tenant
Total Bedrooms: 2
Property Features
Architectural Style: Traditional
Basement: Full
Construction Materials: Aluminum Siding; Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Exterior Features: None
Fencing: Back Yard
Heating: Forced Air
Levels: Two
Possession: At Closing
Separate Utilities: Electric; Gas; Heat; Water Heater; Water Meter
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Pet(s) on Premises
Special Listing Conditions: Standard
Water Source: Public
School Taxes 
Listing Courtesy of Miuccio Real Estate Group
Listing Agent: Daryl Barton
518-407-7346 | daryl@miucciogroup.com
518-407-7346 | daryl@miucciogroup.com
