This cash-flowing 2 unit property offers a strong rental history and is ideal for both seasoned and first-time investors. Each unit is separately metered, with tenants responsible for their own utilities. Conveniently located near the bus line, colleges, hospitals, and state offices.
Closed
$180,000
125 Spring Street, Albany, NY 12203
2beds
1,456sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$183,700 Zestimate®
$124/sqft
$1,774 Estimated rent
Home value
$183,700
$162,000 - $209,000
$1,774/mo
Zestimate® history
Owner options
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$1,774/mo
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$1,774/mo
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$1,253/mo
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$1,253/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Luke Khachadourian 518-937-3252,
KW Platform
Bought with:
non-member non member
NON MLS OFFICE
Source: Global MLS,MLS#: 202526569
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
- Finished area above ground: 1,456
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 010100 65.62232
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $162,500
- Annual tax amount: $4,365
- Date on market: 9/25/2025
- Tenant pays: Hot Water, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Sold | $180,000-9.5%$124/sqft |
Source:  Global MLS #202526569 Report a problem | ||
| 11/24/2025 | Pending sale | $199,000$137/sqft |
Source: Global MLS #202526569 Report a problem | ||
| 10/23/2025 | Price change | $199,000-7.4%$137/sqft |
Source: Global MLS #202526569 Report a problem | ||
| 9/25/2025 | Listed for sale | $215,000+59.3%$148/sqft |
Source: Global MLS #202526569 Report a problem | ||
| 5/7/2024 | Sold | $135,000-10%$93/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 3/27/2024 | Pending sale | $150,000$103/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 3/11/2024 | Price change | $150,000-6.3%$103/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 12/27/2023 | Pending sale | $160,000$110/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 12/11/2023 | Listed for sale | $160,000+128.6%$110/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 7/5/2006 | Sold | $70,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $156,000 |
| 2024 | -- | $156,000 +122.9% |
| 2023 | -- | $70,000 |
| 2022 | -- | $70,000 |
| 2021 | -- | $70,000 |
| 2020 | -- | $70,000 |
| 2019 | -- | $70,000 |
| 2018 | -- | $70,000 |
| 2017 | $2,577 +0.3% | $70,000 |
| 2016 | $2,569 | $70,000 |
| 2015 | -- | $70,000 |
| 2014 | -- | $70,000 |
| 2013 | -- | $70,000 |
| 2012 | -- | $70,000 |
| 2011 | -- | $70,000 |
| 2010 | -- | $70,000 |
| 2009 | -- | $70,000 |
| 2008 | -- | $70,000 |
| 2007 | -- | $70,000 +20.7% |
| 2006 | -- | $58,000 |
| 2005 | -- | $58,000 |
| 2004 | -- | $58,000 |
| 2003 | -- | $58,000 +8.6% |
| 2002 | -- | $53,400 |
| 2001 | -- | $53,400 |
| 2000 | -- | $53,400 |
Find assessor info on the county website
Neighborhood: Pine Hills
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Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.4 mi
- 2/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.9 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12203
- Pine Hills
- 125 Spring Street
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Nearby neighborhoods
Nearby zip codes
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