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475 Hamilton Street, Albany, NY 12203

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For Sale

$269,900

6 beds • 2 baths • 3,320 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $81.30
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# 11572584

Courtesy Of Miranda Real Estate Group Inc

(518) 356-1701

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Exterior Type
    Wood Siding
  • Floor Covering
    Hardwood, Tile, Vinyl
  • Lot Size
    0.09 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 475 Hamilton Street, Albany, NY 12203

Home seller CENTURY 21 North East

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North East

(800) 844-7653
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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.