3 Clare Avenue

Albany NY 12202

1800 sq. ft.

4791.6 sq. ft.

Duplex

Currently for sale - view listing

Overview

Welcome to this rare side-by-side duplex at 3 Clare Ave, offering a turnkey investment opportunity in a prime Albany location. Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability. The duplex features two well-maintained units totaling 4 bedrooms and 2 bathrooms, each with its own private entrance. Thoughtfully laid out for tenant comfort and privacy, both apartments enjoy dedicated off-street parking and their own large backyard, an uncommon and highly desirable feature in a multi-family setting. The property has been carefully maintained with recent improvements that enhance both performance and longevity. Updates include a newer roof installed in 2022, an updated HVAC (water heater and furnace in 2025) system and appliances in one unit, and improvements to the backyard fencing. Both units are currently occupied by long-term tenants, providing immediate income and a true turnkey experience for the next owner. With a current rent roll of $2,539 per month, this property presents a compelling opportunity for investors seeking a low-maintenance asset in a strong rental market. Higher rents may be possible. Financials provided for informational purposes only; buyers to verify. For showings, 48 hour notice is required to schedule as both units are currently occupied. The listing agent has ownership interest in the property.

Features

4 bedrooms

2 bathrooms

4 carspaces

1800 sq. ft. floor area

4791.6 sq. ft. lot size

Duplex

Property history for 3 Clare Avenue

2022

Sold

$159,900

18 Aug 2022 by Rebecca Cavalieri, of Gabler Realty, Llc

2003

Sold

$47,500

17 Apr 2003 by Robert Caprara, of Coldwell Banker Prime Prop

Happy sellers in Albany

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