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683 State Street, Albany, NY, 12203

6beds
2baths
1,750sqft
$369,000
$211price/sqft
$2,909/moest. monthly cost
$116,360/yrincome needed

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

91
WalkingWalker's Paradise
60
TransitGood Transit
70
BikeVery Bikeable

Schools

4/10
Albany High SchoolGrades 9-120.4 mi

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