$119,000
Albany, NY 12202
MLS# 202623601
Status: Pending
4 beds
1 / 25
Property Description
Investor opportunity in Albany's historic Mansion District. 99 Philip St is a two-family property offering approximately 2,800 square feet of living space with significant value-add potential. 2 bedrooms, 1 bathroom, living room, dining area and kitchen on both levels. Features gas heat, vinyl siding, fenced backyard, a full basement, and a substantial multifamily footprint ready for renovation and repositioning. Located minutes from Downtown Albany, the Empire State Plaza, State Capitol, major employment centers, public transportation, and highway access, the property is well positioned for future rental demand or resale. Being sold as part of an estate, this two-unit offers investors an opportunity to improve the existing floor plan, increase rental income potential, and capitalize on the size and location. With the right scope of work, 99 Philip Street offers multiple paths to creating value through renovation, stabilization, and long-term ownership or resale.
Details
Maps
Contract Information
Status: Pending
Start Showing Date: 2026-08-09
Property Sub Type: Duplex
Original List Price: 119000
List Price: $119,000
Current Price: $119,000
Listing Contract Date: 2026-08-07
List Price/SqFt: 42.68
Location
Street Number: 99
Street Name: Philip
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Cross Street: Myrtle Ave
Geo Lat: 42.644986
Geo Lon: -73.759711
Property Detail
Rooms Total: 9
Bedrooms Total: 4
Bathrooms Full: 2
Year Built: 1854
Above Grade Finished Area: 2788
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2788
Zoning: Multi Residence
Lot Size Dimensions: 22x88
Lot Size Acres: 0.04
Main Road Frontage: 22
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Parking Y/N: No
Status Change Info
Status Change Date: 2026-08-28
Under Contract Date: 2026-08-25
Proposed Closing Date: 2026-09-25
Financial Details
General Taxes: 1730
General Taxes Description: Estimated
School Taxes: 1402
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
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: Owner
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 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: Owner
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Accessibility Features: Accessible Approach with Ramp
Architectural Style: Traditional
Attic Features: None
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Fencing: Back Yard
Flooring: Carpet; Ceramic Tile; Hardwood
Foundation Details: Brick/Mortar; Concrete Perimeter
Heating: Hot Water; Natural Gas
Interior Features: Wall Paneling
Laundry Features: Electric Dryer Hookup; Main Level; Upper Level; Washer Hookup
Levels: Two
Lot Features: Cleared
Other Equipment: None
Other Structures: None
Owner Pays: Hot Water; Sewer; Trash Collection
Parking Features: None
Patio And Porch Features: Porch; Rear Porch
Possession: At Closing
Roof: Flat; Rubber
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Restricted Days; Restricted Hours
Special Listing Conditions: Estate
Tenant Pays: Electricity; Gas
Window Features: Blinds
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Stove
Unit 2 Appliances: Range
Listing Courtesy of Hunt ERA
Listing Agent: Lorenzo C Murray
617-212-7290 | lorenzo.murray@huntrealestate.com
617-212-7290 | lorenzo.murray@huntrealestate.com
