695 State Street, Albany, NY 12203
Local realty services provided by:CENTURY 21 North East
Listed by: lucas j weston
Office: kw platform
MLS#:202628110
Source:Global MLS
Price summary
- Price:$397,000
- Price per sq. ft.:$200.91
About this home
Excellent Albany 3-unit investment opportunity at 695 State Street! This well-maintained property offers three separate apartments with approximately 1,976 square feet of living space plus a full basement. The first-floor 3-bedroom apartment features hardwood floors and a front porch and is currently leased at $1,450/month. The second-floor studio with enclosed porch is leased at $850/month. The second-floor 2-bedroom apartment is currently vacant, offering an immediate opportunity for an owner-occupant or new rental income. Major updates include a 2014 renovation with approximately 90% of the structure gutted and updated, including new electrical wiring, insulation, sheetrock, kitchens, bathrooms, windows, exterior doors, and three heating systems. New siding was installed in 2012 and a new roof in 2023. The property consists of two tax parcels conveyed together under one deed and includes a detached 2-stall garage located at 172 Spring Street. A strong opportunity for an investor looking for income, or an owner-occupant seeking additional rental income. Garage sold As Is. Potential gross rental income when fully occupied: approximately $42,000 annually....
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Home facts
- Year built:1900
- Listing ID #:202628110
- Added:11 day(s) ago
- Updated:October 24, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Hardwood, Vinyl
- Basement Description:Full, Unfinished
- Living area:1,976 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas
Structure and exterior
- Year built:1900
- Building area:1,976 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Cleared, Road Frontage
- Architectural Style:Traditional
- Construction Materials:Vinyl Siding
- Exterior Features:Covered, Deck, Front Porch
- Foundation Description:Concrete Perimeter
Schools
- High school:Albany
- Elementary school:Philip J. Schuyler Achievement
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$397,000
- Price per sq. ft.:$200.91
- Tax amount:$5,961
Features and amenities
- Amenities:High Speed Internet
Parking
- Total parking spaces:3
- Parking description:Detached, Driveway, Garage, Off Street
- Garage:Yes
- Garage spaces:2
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