Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.
Pending
$279,900
693 State Street, Albany, NY 12203
6beds
2,472sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$272,500 Zestimate®
$113/sqft
$-- HOA
What's special
- 47 days |
- 138 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Clancy Real Estate 518-861-7016,
Kevin Clancy 518-461-9937
Source: Global MLS,MLS#: 202610882
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant, Natural Gas
Features
- Solid Surface Counters, Ceiling Fan(s), High Speed Internet
- Flooring: Hardwood, Laminate
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,472
- Total interior livable area: 2,472 sqft
- Finished area above ground: 2,472
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Patio & porch: Enclosed
- Exterior features: None
Lot
- Size: 2,178 Square Feet
- Features: Level
Details
- Parcel number: 010100 65.62318
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Roof: Asphalt
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: $113/sqft
- Tax assessed value: $259,375
- Annual tax amount: $4,626
- Date on market: 5/15/2026
Estimated market value
$272,500
$259,000 - $286,000
$1,826/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Pending sale | $279,900$113/sqft |
Source:  Global MLS #202610882 Report a problem | ||
| 5/15/2026 | Listed for sale | $279,900$113/sqft |
Source: Global MLS #202610882 Report a problem | ||
| 5/6/2026 | Pending sale | $279,900$113/sqft |
Source: Global MLS #202610882 Report a problem | ||
| 3/27/2026 | Price change | $279,900-3.4%$113/sqft |
Source: Global MLS #202610882 Report a problem | ||
| 3/5/2026 | Price change | $289,900-3.3%$117/sqft |
Source: Global MLS #202610882 Report a problem | ||
| 1/21/2026 | Listed for sale | $299,900+39.5%$121/sqft |
Source: Global MLS #202610882 Report a problem | ||
| 11/28/2016 | Sold | $215,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $249,000 |
| 2024 | -- | $249,000 +139.4% |
| 2023 | -- | $104,000 |
| 2022 | -- | $104,000 |
| 2021 | -- | $104,000 |
| 2020 | -- | $104,000 |
| 2019 | -- | $104,000 |
| 2018 | -- | $104,000 |
| 2017 | $3,819 +0.6% | $104,000 |
| 2016 | $3,795 | $104,000 +0.6% |
| 2015 | -- | $103,400 |
| 2014 | -- | $103,400 |
| 2013 | -- | $103,400 -22.8% |
| 2012 | -- | $133,900 |
| 2011 | -- | $133,900 |
| 2010 | -- | $133,900 |
| 2009 | -- | $133,900 |
| 2008 | -- | $133,900 |
| 2007 | -- | $133,900 +73.4% |
| 2006 | -- | $77,200 |
| 2005 | -- | $77,200 |
| 2004 | -- | $77,200 |
| 2003 | -- | $77,200 +13.9% |
| 2002 | -- | $67,800 |
| 2001 | -- | $67,800 |
| 2000 | -- | $67,800 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Pine Hills
Nearby schools
GreatSchools rating
- 2/10Roots Academy at West HillGrades: PK-5Distance: 0.3 mi
- 3/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 2 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.4 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.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Albany County
- Albany
- 12203
- Pine Hills
- 693 State Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Albany Topics
