40 Cortland Place
Albany, NY 12203
$190,500
Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.
| Listing Id: | 202615101 |
|---|---|
| List Price: | $209,900 |
| Close Price: | $190,500 |
| Close Date: | 2026-08-07 |
| Property Type: | Multi-Family |
| Property Sub Type: | Duplex |
| Status: | Closed |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 2 |
| Living Area: | 1,496 |
| Tax Annual Amount: | $5,000 |
| Lot Size Square Feet: | 1,306.8 |
| Lot Size Acres: | 0.03 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Select One |
| Postal Code: | 12203 |
| Year Built: | 1903 |
| List Agent Full Name: | Garret P Hebert |
| Buyer Agent Full Name: | April J Strider |
| Cooling: | Window Unit(s) |
| Exterior Features: | None |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Front Porch |
| Association Fee Includes: | Sewer |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Cooling?: | Yes |
| Basement: | true |
| Basement: | Unfinished, Full |
| State Or Province: | NY |
| Lot Features: | Cleared |
| Utilities: | Cable Available |
| Sewer: | Public Sewer |
| High School: | Albany |
| Laundry Features: | Main Level, Common Area, Laundry Room |
| Roof: | Flat |
| Lot Size Area: | 0.03 |
| Documents Change Timestamp: | 2026-04-15T19:27:25Z |
| Heating: | Baseboard, Hot Water |
| Directions: | off Western Ave 1st house on the Right |
| Flooring: | Hardwood |
| Listing Contract Date: | 2026-04-15 |
| Parcel Number: | 010100 65.62-2-73 |
| List Agent Key: | 20211012215247588402000000 |
| Construction Materials: | Aluminum Siding |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 1,496.0 |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Owner Pays: | Water |
| Buyer Agent Key: | 20240213173511152453000000 |
| Buyer Office Key: | 20231129220509565360000000 |
| Tenant Pays: | Electricity, Heat |
| Postal City: | Albany |
| Above Grade Finished Area Source: | CRS |
| Original List Price: | $219,900 |
| Possession: | At Closing, Subject To Tenant Rights |
| Pending Timestamp: | 2026-06-17 |
| Below Grade Finished Area Source: | CRS |
| Buyer Agent Middle Name: | J |
| Ownership: | Onondaga Real Estate LLC |
| Bathrooms Total Decimal: | $2.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Property Detail Family Room Yn (Units): | Both Units |
| Status Change Info Sold Price Sq Ft2: | $127.34 |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 2nd |
| Income And Expenses Rental Income: | $22,800.00 |
| Income And Expenses Rental Income Description: | Yearly |
| Separate Utilities Number Of Separate Electric Meters: | 2 |
| Separate Utilities Number Of Separate Gas Meters: | 2 |
| Unit Information Number Of Refrigerators: | 2 |
| Unit Information Number Of Stoves: | 2 |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 1st |
| Multi Family Unit 1 Detail Occupant Type Mf Unit 1: | Tenant |
| Multi Family Unit 1 Detail Monthly Rent Mf Unit 1: | 950 |
| Multi Family Unit 1 Detail Rent Desc Mf Unit 1: | Actual |
| Multi Family Unit 1 Detail Lease Term Mf Unit 1: | 12 Months |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 6 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 2 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 2nd |
| Multi Family Unit 2 Detail Occupant Type Mf Unit 2: | Tenant |
| Multi Family Unit 2 Detail Monthly Rent Mf Unit 2: | 950 |
| Multi Family Unit 2 Detail Rent Desc Mf Unit 2: | Actual |
| Multi Family Unit 2 Detail Lease Term Mf Unit 2: | 12 Months |
| Multi Family Unit 2 Detail Total Rooms Mf Unit 2: | 6 |
| Multi Family Unit 2 Detail Total Bedrooms Mf Unit 2: | 2 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Unit 1 Detail Rent: | 950 |
| Unit 1 Detail Rent Description Unit 1: | Actual |
| Unit 1 Detail Lease Term Unit 1: | 12 Months |
| Unit 1 Detail Occupant Type Unit 1: | Tenant |
| Unit 1 Detail Total Rooms Unit 1: | 6 |
| Unit 1 Detail Total Bedrooms3: | 2 |
| Unit 1 Detail Bedrooms On 1st Floor: | 2 |
| Unit 1 Detail Total Full Baths3: | 1 |
| Unit 1 Detail Dining Rooms 1st Floor: | 1 |
| Unit 1 Detail Kitchens 1st Floor: | 1 |
| Unit 1 Detail Living Rooms 1st Floor: | 1 |
| Unit 2 Detail Rent2: | 950 |
| Unit 2 Detail Rent Description Unit 2: | Actual |
| Unit 2 Detail Lease Term Unit 2: | 12 Months |
| Unit 2 Detail Occupant Type Unit 2: | Tenant |
| Unit 2 Detail Total Rooms Unit 2: | 6 |
| Unit 2 Detail Total Bedrooms4: | 2 |
| Unit 2 Detail Bedrooms On 2nd Floor2: | 2 |
| Unit 2 Detail Full Baths 2nd Floor2: | 1 |
| Unit 2 Detail Dining Rooms 2nd Floor2: | 1 |
| Unit 2 Detail Kitchens 2nd Floor2: | 1 |
| Unit 2 Detail Living Rooms 2nd Floor2: | 1 |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Unit 1 Owner Furnish Features: | Trash, Water, Sewer |
| Unit 2 Owner Furnish Features: | Trash, Water, Sewer |
| Separate Utilities: | Electric, Gas |
| Attic Features: | Hatch |
| Architectural Style: | Traditional |
| Unit 1 Appliances: | Range, Refrigerator |
| Unit 1 Dining Room Type: | Combined DR/LR |
| Unit 1 Amenities: | High Speed Internet |
| Unit 2 Appliances: | Range, Refrigerator |
| Unit 2 Dining Room Type: | Combined DR/LR |
| Unit 2 Amenities: | High Speed Internet |
| Duplex Type: | Up And Down |
| Unit 1 Includes: | Bathroom, Dining Room, Kitchen, Living Room, Refrigerator, Stove |
| Unit 2 Includes: | Bathroom, Dining Room, Kitchen, Living Room, Refrigerator, Stove |
| Exterior Features: | None |
Listing Courtesy of: Clancy Real Estate
Listing Agent: Garret P Hebert
518-704-5897
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
