693 State Street, Albany, NY 12203 (MLS# 202610882)


$275,000
693 State Street
Albany, NY 12203
MLS# 202610882
Status: Closed
6 beds


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Property Description
Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.

Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 299900
Sold Price: $275,000
Current Price: $275,000
Listing Contract Date: 2026-01-21
List Price/SqFt: 113.23
Location
Street Number: 693
Street Name: State
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Geo Lat: 42.66349
Geo Lon: -73.777007
Property Detail
Rooms Total: 12
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1900
Above Grade Finished Area: 2472
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 2472
Lot Size Dimensions: 25 x 80
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2026-08-07
Under Contract Date: 2026-06-01
Sold Date: 2026-07-31
Sold Price: $275,000
Type of Withdrawal: Withdrawn Temporarily
Sold Price/SqFt: 111.25
Financial Details
General Taxes: 2689.52
General Taxes Description: Estimated
School Taxes: 3795.44
School Taxes Description: Estimated
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: 1650
Rental Income Description: Actual
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1750
Occupant Type MF Unit 2: Tenant
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 3
Property Features
Architectural Style: Traditional
Basement: Full; Unfinished
Construction Materials: Aluminum Siding
Exterior Features: None
Flooring: Hardwood; Laminate
Heating: Natural Gas; Radiant
Interior Features: High Speed Internet; Paddle Fan; Solid Surface Counters
Levels: Bi-Level
Lot Features: Level
Patio And Porch Features: Enclosed
Possession: At Closing
Roof: Asphalt
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Dining Room; Kitchen; Refrigerator; Stove
Unit 1 Owner Furnish Features: Electricity; Gas; Heat; Water
Unit 2 Owner Furnish Features: Gas; Heat; Water
Unit 2 Includes: Dining Room; Kitchen; Living Room; Refrigerator; Stove

IDX
Listing Courtesy of Clancy Real Estate
Listing Agent: Kevin Clancy
518-461-9937 | kclancy514@gmail.com
Source MLS Verified

Information deemed reliable but not guaranteed.