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Off market
  • $279,200

    509 Hamilton St, Albany, NY 12203

    --beds
    1,840sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $279,200 Zestimate®
    $152/sqft
    $2,208 Estimated rent

    Home value

    $279,200

    $254,000 - $304,000

    $2,208/mo

    Zestimate® history
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    Owner options

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    $2,208/mo

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    $2,208/mo

    Rent Zestimate®

    Refinance and save

    $1,889/mo

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    $1,889/mo

    Est. payment

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    What's special

    Rare 3 unit property near Saint Rose College and UAlbany. Already has off street parking that could be further maximized for rental income. Property boasts about an 11.3% cap rate as is, which is difficult to find in this market, with potential for more. Perfect for the investor looking for instant ROI and then some.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Cooling
    • None
    Interior area
    • Total interior livable area: 1,840 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 0101006561359

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Metal
    Condition
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Albany

    Other

    Other facts
    • Class: MULTI-FAMILY
    • Sale/Rent: For Sale
    • State: NY
    • Status Category: Pending
    • SEWER: Public
    • WATER: Public
    • Age Description: Estimated
    • SO1Office Type: MLS SUBSCRIBER
    • SO1Office State: NY
    • PHOTO INSTRUCTION: Broker Load Photos
    • City/Town (taxing entity): Albany
    • UNIT OCCUPANCY: Leased
    • School District Code: Albany
    • County: Albany
    • City/Town (Mail Address): Albany
    • HEAT SYSTEM: Hot Water, Radiator
    • ROOF: Rubber
    • SPECIAL MARKET CONDITIONS: Exclusive Agency Listing
    • SO1OfficePhone1CountryId: United States (+1)
    • Listing Visibility Type: MLS Listing
    • Tax Identification Block: 3
    • Tax Identification Lot: 59
    • Tax ID Section: 61.61
    • Swis Code: Albany-Albany
    • Status: Pending
    • Sub Area: Albany City-Central Business District (117)

    Price history

    DateEventPrice
    3/18/2019Sold$165,000-0.3%$90/sqft
    Source: Global MLS #201831628 Report a problem
    2/8/2019Pending sale$165,500$90/sqft
    Source: Madison Park Real Estate #201831628 Report a problem
    10/19/2018Listed for sale$165,500$90/sqft
    Source: Madison Park Real Estate #201831628 Report a problem
    3/31/2018Listing removed$165,500$90/sqft
    Source: Madison Park Real Estate #201710939 Report a problem
    3/29/2018Price change$165,500+2.5%$90/sqft
    Source: Madison Park Real Estate #201710939 Report a problem
    3/26/2018Price change$161,500-2.4%$88/sqft
    Source: Madison Park Real Estate #201710939 Report a problem
    8/17/2017Price change$165,500-2.1%$90/sqft
    Source: Madison Park Real Estate #201710939 Report a problem
    5/16/2017Price change$169,000-5.6%$92/sqft
    Source: Field Realty #201706328 Report a problem
    4/14/2017Listed for sale$179,000+5.4%$97/sqft
    Source: Field Realty #201706328 Report a problem
    5/2/2016Listing removed$169,900$92/sqft
    Source: Hamel Real Estate LLC #201523777 Report a problem
    11/4/2015Listed for sale$169,900-3.4%$92/sqft
    Source: Hamel Real Estate LLC #201523777 Report a problem
    9/1/2011Listing removed$175,900$96/sqft
    Source: Prudential Manor Homes #201020107 Report a problem
    5/21/2010Listed for sale$175,900+15.7%$96/sqft
    Source: Prudential Real Estate #201020107 Report a problem
    3/25/2005Sold$152,000$83/sqft
    Source: Global MLS #24117003 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $248,000
    2024-- $248,000 +34.8%
    2023-- $184,000
    2022-- $184,000
    2021-- $184,000
    2020-- $184,000
    2019-- $184,000
    2018-- $184,000
    2017$6,634 +3.7%$184,000
    2016$6,401 $184,000 +5.5%
    2015-- $174,400
    2014-- $174,400
    2013-- $174,400
    2012-- $174,400
    2011-- $174,400
    2010-- $174,400
    2009-- $174,400
    2008-- $174,400
    2007-- $174,400 +95.3%
    2006-- $89,300
    2005-- $89,300
    2004-- $89,300
    2003-- $89,300 +5.1%
    2002-- $85,000
    2001-- $85,000
    2000-- $85,000

    Find assessor info on the county website

    Neighborhood: Pine Hills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Albany

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.