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475 Hamilton Street
Albany NY 12203 US

$269,900

Active Listing ID 11572584
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6 bed
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2.00 Bath (2 Full)
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Lot: 0.09 Acres
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Other

$269,900

Active Listing ID 11572584
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475 Hamilton Street 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! Buyer backed out right before the closing, no explanation. Some tlc and this money maker will bring in even more cash flow. Priced to Sell!

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Floor Covering: Hardwood, Tile, Vinyl
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 269900
  • unparsedaddress: 475 Hamilton Street
  • postalcity: Albany
  • stateorprovince: NY
  • country: US
  • postalcode: 12203
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 3320
  • livingareaunits: Square Feet
  • latitude: 42.660996
  • longitude: -73.779992
  • listagentfullname: Lucy Ann Sokaris
  • listagentemail: lucysells4u@gmail.com
  • listagentkey: 3yd-NYSMLS-160833
  • listagentmlsid: 160833
  • listagentpreferredphone: 5184283469
  • listagentofficephone: 5183561701
  • listofficekey: 3yd-NYSMLS-5259
  • listofficemlsid: 5259
  • disclaimer: Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1890
  • yearbuilteffective: 1890
  • listingcontractdate: 2025-12-12
  • countyorparish: Albany
  • parcelnumber: 010100 65.61-3-47
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • constructionmaterials: Wood Siding
  • flooring: Hardwood, Tile, Vinyl
  • heating: Natural Gas
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: New Traditional
  • rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.77999, 42.660995
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Miranda Real Estate Group Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lucysells4u@gmail.com", "ListBrokerageCity":"Schenectady", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Miranda Real Estate Group Inc", "ListBrokeragePhone":"518-356-1701", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1801 Altamont Ave Ste 1", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1801 Altamont Ave Ste 1", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Schenectady", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"12303", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Unit, Traditional - Albany, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/475-Hamilton-St_Albany_NY_12203_M30261-04325?f=listhub&s=NYSMLS&m=11572584&c=rexren", "MLSModificationTimestamp":"2025-12-16T13:50:03Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi-Unit", "RawPropertyType":"Multi-Unit", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8831, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2025 5:34:10 PM GMT
Source Updated Date: 12/17/2025 6:45:25 PM GMT

Courtesy of: Lucy Ann Sokaris, Miranda Real Estate Group Inc, lucysells4u@gmail.com

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.