475 Hamilton Street, Albany, NY 12203

Local realty services provided by:HUNT Real Estate ERA
475 Hamilton Street,Albany, NY 12203
$269,900
  • 6 Beds
  • 2 Baths
  • 3,320 sq. ft.
  • Multi-family
  • Pending
Listed by:lucy ann sokaris
Office:miranda real estate group inc
MLS#:202525498
Source:Global MLS

Price summary

  • Price:$269,900
  • Price per sq. ft.:$81.3

About this home

HIGHEST & BEST DUE WED. 9/17 @ 10 AM. Great opportunity for either an investor or an owner-occupant! This Albany duplex is ideally situated and has a strong rental history, particularly with student housing, making it a reliable income-producing property. The property remained occupied until the end of June 2025. The first-floor unit features 4 bedrooms and 1 full bath, most recently rented for $2,200 per month plus $600 in water fees. The second-floor unit offers 3 bedrooms and 1 full bath, with a history of $1,800 per month plus $450 in water fees. Both units offer spacious layouts and strong rental appeal, ensuring continued demand. With a projected cap rate of approximately 10%, this property offers excellent cash flow potential. Its prime location and solid rental history, make it perfect for those looking to generate immediate income or occupy one unit while collecting rent from the other. A smart addition to any portfolio!

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:202525498
  • Added:49 day(s) ago
  • Updated:October 30, 2025 at 07:27 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:3,320 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1890
  • Building area:3,320 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$269,900
  • Price per sq. ft.:$81.3
  • Tax amount:$8,831
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2025 Global MLS All rights reserved.

New listings near 475 Hamilton Street