$190,000
Albany, NY 12206
MLS# 202527890
Status: Closed
4 beds

1 / 21
Property Description
Prime Investment or House-Hacking Opportunity! Unlock the potential of this exceptional two-family property, an ideal choice for savvy investors and aspiring owner-occupants alike.Well cared for by the same owner for over two decades, this building offers proven stability and peace of mind. The first-floor unit provides immediate income with a dependable, long-term tenant already in place. Upstairs, discover a completely renovated and vacant second-floor apartment. This fresh, move-in-ready space is perfect for an owner looking to significantly reduce their living expenses, or for an investor to hand-pick a new tenant at top market rent. Strategically located for ultimate convenience, the property is just moments from public transportation, grocery stores, and shopping centers. Its close proximity to major area colleges and hospitals ensures a consistent and robust pool of potential renters for years to come. With outstanding cash flow potential, this property is the perfect start for a new investor or a seamless and profitable addition to an established portfolio. Schedule your showing today!
Details
Maps
Documents
Contract Information
Original List Price: 165000
List Price/SqFt: 81.2
Status: Closed
Property Sub Type: Duplex
Sold Price: $190,000
Current Price: $190,000
Listing Contract Date: 2025-10-15
Location
City/Town (Mail): Albany
Street Number: 685
Street Name: Clinton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.668148
Geo Lon: -73.773334
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 3
Above Grade Finished Area: 2032
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2032
Zoning: Multi Residence
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1927
Status Change Info
Sold Price/SqFt: 93.5
Status Change Date: 2025-12-22
Under Contract Date: 2025-10-20
Sold Date: 2025-12-19
Sold Price: $190,000
Parcel, Tax, HOA
Parcel Number: 010100 65.46-4-74
Tax Annual Amount: 3041.3
Total Taxes Description: Actual
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Clinton Ave, across from fire house
Public Remarks: Prime Investment or House-Hacking Opportunity!
Unlock the potential of this exceptional two-family property, an ideal choice for savvy investors and aspiring owner-occupants alike.Well cared for by the same owner for over two decades, this building offers proven stability and peace of mind.
The first-floor unit provides immediate income with a dependable, long-term tenant already in place. Upstairs, discover a completely renovated and vacant second-floor apartment. This fresh, move-in-ready space is perfect for an owner looking to significantly reduce their living expenses, or for an investor to hand-pick a new tenant at top market rent.
Strategically located for ultimate convenience, the property is just moments from public transportation, grocery stores, and shopping centers. Its close proximity to major area colleges and hospitals ensures a consistent and robust pool of potential renters for years to come.
With outstanding cash flow potential, this property is the perfect start for a new investor or a seamless and profitable addition to an established portfolio. Schedule your showing today!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
100 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 1318.86
General Taxes Description: Actual
School Taxes: 1722.44
School Taxes Description: Actual
Attic Features
No Attic Access: 1
Cooling
None: 1
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Construction Materials
Aluminum Siding: 1
Other Structures
Garage(s): 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Ownership: Guadagnino
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 29400
Rental Income Description: Estimated
Laundry Features
None: 1
Parking Features
Parking Total: 0
Garage: 1
Levels
Multi/Split: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Monthly Rent MF Unit 1: 1100
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: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Fl
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1300
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 1100
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Total Bedrooms: 2
Unit 2 Detail
Rent: 1300
Rent Description Unit 2: Estimated
Total Bedrooms: 2
Property Features
Architectural Style: Other
Attic Features: No Attic Access
Basement: Unfinished
Construction Materials: Aluminum Siding
Cooling: None
Electric: 100 Amp Service
Exterior Features: None
Fencing: None
Heating: Hot Water; Natural Gas
Laundry Features: None
Levels: Multi/Split
Other Structures: Garage(s)
Parking Features: Garage
Possession: At Closing; Subject To Tenant Rights
Roof: Rubber
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service; Sign on Property
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Weichert Realtors-Reliable Properties
Listing Agent: Craig Cioffi
518-396-8386 | Craig@Reliable518.com
518-396-8386 | Craig@Reliable518.com


PCD