683 State Street, Albany, NY 12203
Local realty services provided by:CENTURY 21 North East
Listed by: pearl w ha
Office: adi real estate services llc.
MLS#:202615320
Source:Global MLS
Price summary
- Price:$369,000
- Price per sq. ft.:$210.86
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
Contact an agent
Home facts
- Year built:1900
- Listing ID #:202615320
- Added:1 day(s) ago
- Updated:April 18, 2026 at 12:47 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Vinyl
- Basement Description:Partial, Unfinished
- Living area:1,750 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:1,750 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$369,000
- Price per sq. ft.:$210.86
- Tax amount:$6,303
Parking
- Total parking spaces:4
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