$299,900

693 State Street, Albany, NY 12203

6 beds |
2 baths |
2,472 sqft

Duplex
Built in 1900
2,178sqft lot
—— car garage
$121/sqft
Listed 24 days ago

Property Description

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.

Listing Status:: Active
Date Added:: January 28, 2026
Data Last Updated:: February 14, 2026 at 6:37PM
Listing Office:: Clancy Real Estate : 518-861-7016
Listing Agent:: Kevin Clancy : 518-461-9937
MLS ID:: 202610882

General: High Speed InternetPaddle FanSolid Surface Counters
Basement: UnfinishedFull
Flooring: LaminateHardwood
Heating: Radiant

General: None
Style: Traditional

Roofing: Asphalt
General: Aluminum Siding

Originating MLS: Global MLS
School District: Albany
County: Albany

Zoning: 010100 65.62-3-18

Water: Public
Sewer: Public Sewer

Source: Global MLS

This listing courtesy of Kevin Clancy , Clancy Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Philip J. Schuyler Achievement Academy

676 Clinton Ave, Albany, NY, 12206

Grades PK-5

0.48 miles away

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

1.01 miles away

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

0.34 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.