10 Hurlbut Street, Albany, NY 12209,

$ 249,000

Overview

  • Updated On:
  • August 21, 2026
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 2,040 ft2
  • Property Size

Description

Renovated duplex in Albany’s high-demand Delaware Avenue corridor — primed for immediate income.
Both units are vacant and ready for tenants the moment cosmetic finishing is complete. Each unit offers 3 bed / 1 bath with a full living room and dining room across ~1,020 sq ft. Recent renovations include new roof vent, new kitchen cabinets in unit 1 as well as new flooring in kitchen and bathroom. ROP valid through January 2028. Electric and gas are separately metered and fully tenant-paid, keeping owner expenses lean. Taxes ~$4,236/yr. The numbers: List $259,000; Market rent: ~$1,700/unit/month; Gross annual income: ~$40,800; Projected cap rate: 11%+; Gross yield: 15%+
Minutes from Albany Law School, Albany Medical College, and The Sage Colleges — a reliable, built-in renter base. Short distance to the State Capitol and downtown Albany employment hub.
No inherited leases. No utility exposure. Set your rents, choose your tenants, start earning.

Address: 10 Hurlbut Street, Albany, NY 12209
State/County:
Zip: 12209
Country: United States

Property Id: 723235
Price: $ 249,000
Property Size: 2,040 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 2
Listing Agent Email: wtowers@redwayrealty.com
Listing Agent: Wendy Towers
Listing Agent Phone: 518-337-0256
Listing Office: Redway Realty LLC

Other Features
Has Heating System
None

$ 1,276.67
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 965.42

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