




683 State Street, Albany, NY, 12203
About This Home
Fully renovated and presents a turnkey multifamily investment with immediate lease-up potential in one of Albany's most durable rental submarkets. RENOVATIONS & CAPEX IMPROVEMENTS: New LVP flooring throughout Fully updated bathrooms with marble-look porcelain tile & rainfall fixtures New windows and doors Updated exterior siding Recessed lighting + modern finishes Updated Electrical and Plumbing Newer roof True Turnkey Asset -- No renovation risk or CapEx pipeline 3BR Units Rare Amenity Combo: Onsite Parking + in unit laundry Delivered Vacant -- Control tenant selection + maximize rents immediately Proven Submarket -- Stable occupancy with diverse renter base Situated in Pine Hills, one of Albany's most established rental markets: Minutes to University at Albany Strong access to healthcare, education, and state employment hubs Consistent demand from students, professionals, and workforce tenants Projected CAP Rate: >10% (Pro Forma) Agent is the Owner
Getting Around
Schools
Construction
Condition
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl,Tile
- Finished area below ground: 400
- Finished area above ground: 1,750
Heating & Cooling
- Heating features: Baseboard,Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Details
- Parcel number: na
- Attached to another structure: Yes
- Special condition: Other
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Lot size: 2,613 sqft
Parking
- Total spaces: 4
