10 Hurlbut Street, Albany, NY 12209

• 6 beds |
• 2 baths |
• 2,040 sqft

Property Description

Renovated duplex in Albany's high-demand Delaware Avenue corridor -- primed for immediate income. Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+ Minutes from Albany Law School, Albany Medical College, and The Sage Colleges -- a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub. No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

May 20, 2026 at 1:37AM

Listing Office:

Redway Realty LLC : 917-915-0250

Listing Agent:

Wendy Towers : 518-337-0256

MLS ID:

202617519

Interior

• Laundry: In Basement
• Basement: Unfinished
• Flooring: HardwoodVinyl
• A/C: None
• Heating: Forced Air

Exterior

• General: None
• Style: Traditional
• Parking: None

Construction

• Roofing: Rubber
• General: Aluminum Siding

Location

• HOA Amenities: Sewer
• Originating MLS: Global MLS
• School District: Albany
• County: Albany

Lot

• Zoning: 010100 76.61-4-71
• Fencing: Back Yard

Utilities

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

Financial

• Source: Global MLS