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Active
    • $397,000

    695 State Street, Albany, NY 12203

    6beds
    1,976sqft
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $201/sqft
    $-- HOA

    What's special

    New roofFront porchNew electrical wiringNew sidingFull basementThree heating systemsHardwood floors
    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.
    21 days
    437
    36

    Zillow last checked:

    Listing updated:

    Listed by:

    KW Platform 518-724-5800,

    Lucas J Weston 518-269-7939

    Source: Global MLS,MLS#: 202628110MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Baseboard, Natural Gas
      Cooling
      • None
      Features
      • High Speed Internet
      • Flooring: Vinyl, Carpet, Hardwood
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 1,976
      • Total interior livable area: 1,976 sqft
      • Finished area above ground: 1,976
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Off Street, Detached, Driveway, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Covered, Deck, Front Porch
      • Fencing: Gate
      Lot
      • Size: 3,484 Square Feet
      • Features: Road Frontage, Cleared
      Details
      • Additional structures: None
      • Parcel number: 010100 65.62319 01
      • Zoning description: Multi Residence
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Concrete Perimeter
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Albany

      Financial & listing details

      • Price per square foot: $201/sqft
      • Tax assessed value: $128,000
      • Annual tax amount: $5,961
      • Date on market: 10/13/2026
      • Ownership: AT CLOSING
      • Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/13/2026Listed for sale$397,000$201/sqft
        Source: Global MLS #202628110 Report a problem
        5/24/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/20/2023Listed for rent$1,300$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2018$4,651 $128,000
        2017$4,651 $128,000
        2016-- $128,000 +3.4%
        2015-- $123,800
        2014-- $123,800
        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.
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        Climate risks

        Neighborhood: Pine Hills

        Getting around

        58 / 100
        Good Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Philip J. Schuyler Achievement
        • 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.

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