NEW! Buy and sell safely with virtual options - Learn More
About the Listing o584B - 23423
Great opportunity for either an investor or an owner-occupant! This Albany duplex is ideally situated and has a strong rental history, particularly with student housing, making it a reliable income-producing property. The property remained occupied until the end of June 2025. The first-floor unit features 4 bedrooms and 1 full bath, most recently rented for $2,200 per month plus $600 in water fees. The second-floor unit offers 3 bedrooms and 1 full bath, with a history of $1,800 per month plus $450 in water fees. Both units offer spacious layouts and strong rental appeal, ensuring continued demand. With a projected cap rate of approximately 10%, this property offers excellent cash flow potential. Its prime location and solid rental history, make it perfect for those looking to generate immediate income or occupy one unit while collecting rent from the other. A smart addition to any portfolio!
Listing Highlights for 475 Hamilton St
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor: Vinyl,Ceramic Tile,Hardwood
- Above Ground Sq Ft: 3320
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 33X115.2
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,831
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.61-3-47
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
475 Hamilton St Albany, NY 12203
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
