693 State Street
Albany, NY 12203
$275,000
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.
| Listing Id: | 202610882 |
|---|---|
| List Price: | $279,900 |
| Close Price: | $275,000 |
| Close Date: | 2026-07-31 |
| Property Type: | Multi-Family |
| Property Sub Type: | Duplex |
| Status: | Closed |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 2 |
| Living Area: | 2,472 |
| Tax Annual Amount: | $4,627 |
| Lot Size Square Feet: | 2,178.0 |
| Lot Size Acres: | 0.05 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Albany |
| County Or Parish: | Albany |
| Subdivision Name: | Select One |
| Postal Code: | 12203 |
| Year Built: | 1900 |
| List Agent Full Name: | Kevin Clancy |
| Buyer Agent Full Name: | Md Hoq |
| Exterior Features: | None |
| Lot Size Units: | Acres |
| Patio And Porch Features: | Enclosed |
| Heating?: | Yes |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Basement: | Unfinished, Full |
| State Or Province: | NY |
| Lot Features: | Level |
| Special Listing Conditions: | Standard |
| Sewer: | Public Sewer |
| Lot Size Dimensions: | 25 x 80 |
| High School: | Albany |
| Roof: | Asphalt |
| Lot Size Area: | 0.05 |
| Documents Change Timestamp: | 2026-01-21T14:58:40Z |
| Heating: | Radiant |
| Directions: | State Street between ontario and Quail |
| Flooring: | Laminate, Hardwood |
| Listing Contract Date: | 2026-01-21 |
| Parcel Number: | 010100 65.62-3-18 |
| List Agent Key: | 20211012221128062965000000 |
| Construction Materials: | Aluminum Siding |
| Water Source: | Public |
| High School District: | Albany |
| Above Grade Finished Area: | 2,472.0 |
| Buyer Agent Key: | 20230524142015066980000000 |
| Buyer Office Key: | 20211012214009078436000000 |
| Postal City: | Albany |
| Above Grade Finished Area Source: | Public Records |
| Original List Price: | $299,900 |
| Possession: | At Closing |
| Pending Timestamp: | 2026-06-05 |
| Below Grade Finished Area Source: | Public Records |
| Bathrooms Total Decimal: | $2.00 |
| Property Detail Enhanced Accessible Yn2: | No |
| Status Change Info Type Of Withdrawal: | Withdrawn Temporarily |
| Status Change Info Sold Price Sq Ft2: | $111.25 |
| Parcel Tax Hoa Total Taxes Description: | Estimated |
| Financial Details General Taxes: | $2,689.52 |
| Financial Details General Taxes Description: | Estimated |
| Financial Details School Taxes: | $3,795.44 |
| Financial Details School Taxes Description: | Estimated |
| Bath Levels Full Bath 1: | 1st |
| Bath Levels Full Bath 2: | 2nd |
| Income And Expenses Rental Income: | $1,650.00 |
| Income And Expenses Rental Income Description: | Actual |
| Multi Family Unit 1 Detail Unit Location Mf Unit 1: | 1 |
| Multi Family Unit 1 Detail Total Rooms Mf Unit 1: | 6 |
| Multi Family Unit 1 Detail Total Bedrooms Mf Unit 1: | 3 |
| Multi Family Unit 1 Detail Total Full Baths Mf Unit 1: | 1 |
| Multi Family Unit 2 Detail Unit Location Mf Unit 2: | 1750 |
| Multi Family Unit 2 Detail Occupant Type Mf Unit 2: | Tenant |
| 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: | 3 |
| Multi Family Unit 2 Detail Total Full Baths Mf Unit 2: | 1 |
| Unit 1 Detail Total Bedrooms3: | 3 |
| Unit 2 Detail Total Bedrooms4: | 3 |
| Levels: | Bi-Level |
| Approval Status: | Yes |
| Photos - the contractual owner of the photos Photo Owner 3: | Broker |
| Unit 1 Owner Furnish Features: | Electricity, Gas, Heat, Water |
| Unit 2 Owner Furnish Features: | Gas, Heat, Water |
| Separate Utilities: | Not Separated |
| Architectural Style: | Traditional |
| Unit 1 Includes: | Dining Room, Kitchen, Refrigerator, Stove |
| Unit 2 Includes: | Dining Room, Kitchen, Living Room, Refrigerator, Stove |
| Exterior Features: | None |
Listing Courtesy of: Clancy Real Estate
Listing Agent: Kevin Clancy
518-461-9937
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Data last updated October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET
