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Listed by Wendy Towers • Redway Realty LLC

$ 235,000

Est. payment -/mo

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Active

10 Hurlbut Street Albany, NY 12209

6 Beds

2 Baths

2,040 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $115

MLS Listing ID 202617519

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1910

Annual Tax Amount $4,236

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Duplex

Source Global MLS

Property Description

Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

Location

State NY

County Albany

Direction Second Ave towards route 9W, take a right onto Hurlbut St

Interior

Heating Forced Air, Natural Gas

Flooring Vinyl, Hardwood

Exterior

Exterior Feature None

Parking Features None

Utilities Available Cable Available

Roof Type Rubber

Porch Screened, Covered, Front Porch

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Albany

Others

Tax ID 010100 76.61-4-71

Special Listing Condition Standard

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Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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