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 $126
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
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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