39 Exchange Street Street, Albany, NY 12205

Local realty services provided by:HUNT Real Estate ERA
39 Exchange Street Street,Albany, NY 12205
$275,000
  • 2 Beds
  • 1 Baths
  • 1,200 sq. ft.
  • Single family
  • Active
Listed by:donna c kelly
Office:find advisors
MLS#:202527323
Source:Global MLS

Price summary

  • Price:$275,000
  • Price per sq. ft.:$229.17

About this home

Investor's Dream: Low-stress management, high-demand updates, and strong, verifiable cash flow make this property a mandatory addition to any serious portfolio. Don't miss this rare chance to acquire a true turnkey asset!------ Unlock immediate cash flow with this exceptional, low-maintenance investment opportunity! This meticulously updated single-family residence is primed for passive income and positioned for long-term appreciation, offering two distinct income streams and a compelling proforma (see attached). --------- Dual Income Advantage: Generating $3,200/month in gross income from two separate, secure leases. House Lease: $1,700/month, secured until July 31, 2025. Garage Lease: $1,500/month, secured until December 31, 2025 --------- Tenant-Occupied & Rented: Immediate rental income from day one. --------------- Fully Updated & Modernized: Minimizes near-term capital expenditures. The house features a desirable open-concept layout, premium granite countertops,

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Home facts

  • Year built:1880
  • Listing ID #:202527323
  • Added:1 day(s) ago
  • Updated:October 08, 2025 at 10:06 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,200 sq. ft.

Heating and cooling

  • Cooling:Ductless
  • Heating:Ductless

Structure and exterior

  • Year built:1880
  • Building area:1,200 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:Colonie Central HS

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$229.17
  • Tax amount:$3,713
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