693 State Street
Albany, NY 12203
6
Bed
2
Bath
2,472Sqft
0.05Acre(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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Flooring Information
Hardwood, Laminate -
Roofing Information
Asphalt -
Interior Features
High Speed Internet Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Radiant, Natural Gas
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Building Information
Year Built: 1900 Construction Materials: Aluminum Siding Patio And Porch Features: Enclosed Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 25 x 80 Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178 Lot Description: Level
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Listing Price Information
Listing Price: $279900 Original Price: $299900
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Tax Information
Parcel Number: 010100 65.62-3-18 Tax Lot: 18.000 Tax Block: 3 Annual Tax: $4626.8
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Virtual Tour
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School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Sewer Connected -
Location Information
Direction: State Street between ontario and Quail WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 40 Cortland Place, Albany, NY, 12203 | $209,900 | 4 | 2 | 1,496 | 1,496 SqFt |
| 211 Quail Street, Albany, NY, 12203 | $259,900 | 6 | 2 | 2,378 | 2,378 SqFt |
| 247 Quail Street, Albany, NY, 12203 | $269,900 | 3 | 3 | 2,208 | 2,208 SqFt |
| 212 Ontario Street, Albany, NY, 12203 | $325,000 | 4 | 2 | 2,042 | 2,042 SqFt |
| 118 N Allen Street, Albany, NY, 12203 | $280,000 | 4 | 2 | 1,924 | 1,924 SqFt |
| 52 N Allen Street, Albany, NY, 12203 | $299,900 | 8 | 3 | 3,125 | 3,125 SqFt |
| 884-886 Lancaster Street, Albany, NY, 12203 | $437,000 | 8 | 2 | 2,940 | 2,940 SqFt |
| 149 Homestead Avenue, Albany, NY, 12203 | $385,000 | 6 | 2 | 2,668 | 2,668 SqFt |
| 683 State Street, Albany, NY, 12203 | $369,000 | 6 | 2 | 1,750 | 1,750 SqFt |
Similar Multifamily To 693 State Street
Nearby For Sale
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ByOwner last updated this listing 06/10/2026 @ 12:32
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