683 State St

Albany NY 12203

1750 sq. ft.

2613.6 sq. ft.

Duplex

Currently for sale - view listing

Overview

Fully renovated and presents a turnkey multifamily investment with immediate lease-up potential in one of Albany's most durable rental submarkets. RENOVATIONS & CAPEX IMPROVEMENTS: New LVP flooring throughout Fully updated bathrooms with marble-look porcelain tile & rainfall fixtures New windows and doors Updated exterior siding Recessed lighting + modern finishes Updated Electrical and Plumbing Newer roof True Turnkey Asset -- No renovation risk or CapEx pipeline 3BR Units Rare Amenity Combo: Onsite Parking + in unit laundry Delivered Vacant -- Control tenant selection + maximize rents immediately Proven Submarket -- Stable occupancy with diverse renter base Situated in Pine Hills, one of Albany's most established rental markets: Minutes to University at Albany Strong access to healthcare, education, and state employment hubs Consistent demand from students, professionals, and workforce tenants Projected CAP Rate: >10% (Pro Forma) Agent is the Owner

Features

6 bedrooms

2 bathrooms

4 carspaces

1750 sq. ft. floor area

2613.6 sq. ft. lot size

Duplex

Property history for 683 State St

2021

Sold

$152,500

25 Jun 2021 by Adam Nye, of Keller Williams Capital

2005

Sold

$100,000

11 Mar 2005 by Timothy Kircher, of Century 21 Select

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