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About This Home
This 5-bedroom, 4-bathroom residential multi family at 128 Hamilton Street in Albany, NY is listed for $325,000 ($75 per sqft). Built in 1858, the home offers 4,352 sqft of living space on a 0.06 acres lot.
39-year owner with long term tenants makes for a great investment as projected rents could approach $5,500/month with garage rented separately. Priced well below other 4-unit properties and those with similar rent potential, especially with an oversized 2-car garage accessible from the yard or Van Zandt Street.
Although some apartments are listed as 1 bedroom, the tenants have elected to use them as 2 bedrooms. Seller pays approximately $3,947.16 for utilities annually (2025). Close to MVP Arena, Empire State Plaza, Albany Capital Center, Cafe Capriccio and I-87. Property was under contract for a long period of time only to have the buyers financing fail at last minute.
Key Features
- Built in 1858
- 0.06 acre lot
- 2 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
128 Hamilton Street
Albany, NY 12207
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 128 Hamilton Street is listed at $325,000 ($75/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1858, 0.06 acre lot, 2 parking spaces, Fireplace. Interior Features: Walk-In Closet(s). Exterior Features: Garden.
This property is listed by Michael Keefrider and can be reached at 5184230481 or mkeefrider@yahoo.com.
