$265,000

3 Clare Avenue, Albany, NY 12202

  • 4 beds
  • 1,800 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $147/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Welcome to this rare side-by-side duplex at 3 Clare Ave, offering a turnkey investment opportunity in a prime Albany location. Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability. The duplex features two well-maintained units totaling 4 bedrooms and 2 bathrooms, each with its own private entrance. Thoughtfully laid out for tenant comfort and privacy, both apartments enjoy dedicated off-street parking and their own large backyard, an uncommon and highly desirable feature in a multi-family setting. The property has been carefully maintained with recent improvements that enhance both performance and longevity. Updates include a newer roof installed in 2022, an updated HVAC (water heater and furnace in 2025) system and appliances in one unit, and improvements to the backyard fencing. Both units are currently occupied by long-term tenants, providing immediate income and a true turnkey experience for the next owner. With a current rent roll of 2,539 per month, this property presents a compelling opportunity for investors seeking a low-maintenance asset in a strong rental market. Higher rents may be possible. Financials provided for informational purposes only; buyers to verify. For showings, 48 hour notice is required to schedule as both units are currently occupied. The listing agent has ownership interest in the property.

Listing Status:
Active
Date Added:
January 19, 2026
Data Last Updated:
February 14, 2026 at 7:38AM
Listing Office:
Compass Greater NY, LLC : 838-877-8283
Listing Agent:
Letisha Guerrero : 212-920-1002
MLS ID:
20260234
  • Appliances: Electric OvenElectric Water HeaterRefrigeratorRange Hood
  • Laundry: In Unit
  • Heating: BaseboardNatural Gas
  • Style: Other
  • Parking: Off Street
  • General: Slab
  • Originating MLS: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
  • School District: Albany City School District
  • County: Albany
  • Zoning: R2A76.71-1-41
  • Fencing: Back Yard
  • Water: Public
  • Sewer: Public Sewer
  • Source: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

This listing courtesy of Letisha Guerrero , Compass Greater NY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Delaware Community School

43 Bertha St, Albany, NY, 12209

Grades PK-5

0.45 miles away

W

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

0.76 miles away

A

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

2.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.