Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 2-bathroom residential multi family at 40 Cortland Place in Albany, NY is listed for $219,900 ($147 per sqft). Built in 1903, the home offers 1,496 sqft of living space on a 0.03 acres lot.

Agent Description

Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens.

Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.

Key Features

  • Built in 1903
  • 0.03 acre lot

Property Details

2 full
1903

Amenities

HardwoodA/C

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

40 Cortland Place

Albany, NY 12203

Features & Amenities

Interior Features

High Speed Internet

Property Details

Flooring

Hardwood

Construction

Aluminum Siding

Pool Features

Porch

Heating

BaseboardHot Water(Heating)Natural Gas

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 40 Cortland Place is listed at $219,900 ($147/sqft). The estimated monthly payment is $953 based on 20% down at 6.5% interest.

Key features include: Built in 1903, 0.03 acre lot. Interior Features: High Speed Internet.

This property is listed by Kevin Clancy and can be reached at 5184619937 or kclancy514@gmail.com.

KC

Kevin Clancy

Agent at Clancy Real Estate

(518) 461-9937

Listed by Clancy Real Estate · View on Broker Site

MLS# 202615101· Source: listhub· Updated 1 days ago

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 Cortland Place, Albany, NY 12203

Open this listing in: