884-886 Lancaster Street, Albany, NY 12203

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8 Beds 2 Baths 0 Partial Bath 2,940 Sq Ft 0.15 Acres

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Property Description

Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.

884-886 Lancaster Street | MLS# 202612518

This multi-family property located at 884-886 Lancaster Street, Albany, NY 12203 is currently listed for sale with an asking price of $437,000. 884-886 Lancaster 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: Full

Basement: Yes

Cooling: None

Heating: Radiant

Home Style: Traditional

Lot Size: 0.15 Acres

Roof Type: Rubber, Shingle

Taxes: $10,466

Year Built: 1900

Feature Descriptions

Days on Site: 96

Exterior: Wood Siding

Exterior: None

Flooring: Wood

Foundation: Brick/Mortar, Concrete Perimeter

Laundry: In Basement

Parcel #: 64.43-1-18 01

Parking: Stone, Driveway

Parking Total: 4

Patio/Porch: Wrap Around, Patio

Sewer: Public Sewer

SQFT Above Grade Finished: 2940

Water: Public

Local Schools

High School: Albany

School District: Albany

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Estimated Payment

$ 1,972.20 per month $972.57 Principal & Interest $872.17 Property Tax $127.46 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Gendron's Property Management
Agency Phone: 1 518-360-8492

Shown By

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

884-886 Lancaster Street, Albany, NY 12203

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 12:13:36 AM EST) or Global MLS (last updated Tue 06/02/2026 12:07:19 AM EST) or New York State Alliance MLS (last updated Tue 06/02/2026 12:10:51 AM EST) or Hudson Valley Catskill Region MLS (last updated Tue 06/02/2026 12:11:14 AM EST) or OneKey MLS (last updated Tue 06/02/2026 12:07:23 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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884-886 Lancaster Street, Albany, NY 12203

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Property Description

884-886 Lancaster Street | MLS# 202612518

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Property Features

Feature Descriptions

Local Schools

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884-886 Lancaster Street, Albany, NY 12203

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884-886 Lancaster Street, Albany, NY 12203

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