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About This Home
This 6-bedroom, 2-bathroom residential multi family at 693 State Street in Albany, NY is listed for $279,900 ($113 per sqft). Built in 1900, the home offers 2,472 sqft of living space on a 0.05 acres lot.
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 to be sold as-is. Strong addition to any long-term or value-focused investment strategy.
Key Features
- Built in 1900
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
693 State Street
Albany, NY 12203
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 693 State Street is listed at $279,900 ($113/sqft). The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.05 acre lot. Interior Features: Solid Surface Counters, Paddle Fan, High Speed Internet.
This property is listed by Kevin Clancy and can be reached at 5184619937 or kclancy514@gmail.com.












































