693 State Street, Albany, NY 12203, Albany

$ 299,900
693 State Street, Albany, NY 12203,

Overview

  • Updated On:
  • January 21, 2026
  • 722242
  • Property ID
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 2,472 ft2
  • Property Size

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 can be sold individually or as a package with 569 Washington Avenue, creating an excellent opportunity to scale a portfolio with multiple income-producing assets at once. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.

Address: 693 State Street, Albany, NY 12203
City:
State/County:
Zip: 12203
Country: United States

Property Id: 722242
Price: $ 299,900
Property Size: 2,472 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 2
Listed By: Kevin Clancy
Listing Agent Email: kclancy514@gmail.com
Listing Agent Phone: 518-461-9937
Listing Brokerage: Clancy Real Estate

Other Features
Has Heating System
High Speed Internet
None
Paddle Fan
Solid Surface Counters

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 1,537.65
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,162.77

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