10 Hurlbut Street, Albany, NY 12209

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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.

10 Hurlbut Street | MLS# 202617519

This multi-family property located at 10 Hurlbut Street, Albany, NY 12209 is currently listed for sale with an asking price of $259,000. Hurlbut Street is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.06 Acres
Roof Type: Rubber
Taxes: $4,236
Year Built: 1910

Feature Descriptions

Exterior: None
Exterior: Aluminum Siding
Fencing: Back Yard
Flooring: Vinyl, Hardwood
Laundry: In Basement
Parcel #: 010100 76.61-4-71
Parking: None
Patio/Porch: Screened, Covered, Front Porch
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 2040
Utilities: Cable Available
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 1,004.96 per month $576.42 Principal & Interest $353.00 Property Tax $75.54 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Redway Realty LLC
Agency Phone: 1 917-915-0250

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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