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475 Hamilton Street, Albany, NY 12203

Local realty services provided by:CENTURY 21 North East
475 Hamilton Street,Albany, NY 12203
$275,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: lucy ann sokaris
Office: miranda real estate group inc
MLS#:202525498
Source:Global MLS

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Price summary

  • Price:$275,000

About this home

Great opportunity for either an investor or an owner-occupant! This Albany duplex is ideally situated and has a strong rental history, particularly with student housing, making it a reliable income-producing property. The property remained occupied until the end of June 2025. The first-floor unit features 4 bedrooms and 1 full bath, most recently rented for $2,200 per month plus $600 in water fees. The second-floor unit offers 3 bedrooms and 1 full bath, with a history of $1,800 per month plus $450 in water fees. Both units offer spacious layouts and strong rental appeal, ensuring continued demand. With a projected cap rate of approximately 10%, this property offers excellent cash flow potential. Its prime location and solid rental history, make it perfect for those looking to generate immediate income or occupy one unit while collecting rent from the other. A smart addition to any portfolio! Buyer backed out right before the closing, no explanation. Some tlc and this money

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Home facts

  • Year built:1890
  • Listing ID #:202525498
  • Added:140 day(s) ago
  • Updated:January 29, 2026 at 07:22 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1890

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$275,000
  • Tax amount:$8,831
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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