Side-by-Side Duplex
6190-6192 Depot Road Altamont, NY 12009
6190-6192 Depot Road, Altamont, NY, 12009
$500,000
Pending
For Sale
$500,000
Pending
MULTI_FAMILY - Altamont, NY
Property Size3,044 SF
Lot Size0.52 Acres
Days on Market51
Property Features for 6190-6192 Depot Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Deck
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 013089 49.00-2-13.32
- Size
- 3,044 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8994
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1988
- Number of units
- 2
- Flooring type
- Hardwood, Carpet
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency
KW Platform
(518) 281-6808
382 Broadway, Latham, NY
Listed by
Scott P Varley · License #30VA0727304
(518) 281-6808
Added: May 28 Checked: Jul 17 at 6:06 pm
MLS# 202618201
Listing URL
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This side-by-side duplex offers two mirrored units arranged within a single property. Each unit includes three bedrooms, 1.5 baths, a full kitchen, a living room, and first-floor laundry. The homes also feature a private 1-car garage, a large deck, and a fenced yard, with a similar floorplan in both units to support straightforward management.
The property sits on 0.52 acres at 6190-6192 Depot Road in Altamont, Albany County. It is currently owner-occupied and is being sold as is, creating an opportunity for a buyer seeking to address cosmetic updates. The seller notes separate utilities for each unit, which can simplify ongoing expense management and help maintain flexibility for the next owner.
For buyers looking for a duplex format, the matched 3-bedroom layouts and on-site garages can support either owner-occupancy with rental income from the second unit or leasing both units. With separate utilities already in place, the property is designed to reduce shared-system complexity compared with some multi-unit homes. If you’re evaluating a residential income property that can function as both a place to live and a managed rental asset, this side-by-side duplex is worth a close look.
The property sits on 0.52 acres at 6190-6192 Depot Road in Altamont, Albany County. It is currently owner-occupied and is being sold as is, creating an opportunity for a buyer seeking to address cosmetic updates. The seller notes separate utilities for each unit, which can simplify ongoing expense management and help maintain flexibility for the next owner.
For buyers looking for a duplex format, the matched 3-bedroom layouts and on-site garages can support either owner-occupancy with rental income from the second unit or leasing both units. With separate utilities already in place, the property is designed to reduce shared-system complexity compared with some multi-unit homes. If you’re evaluating a residential income property that can function as both a place to live and a managed rental asset, this side-by-side duplex is worth a close look.
Key Highlights
- Side‑by‑side duplex on 0.52 acres with 2 units, each with 3 bedrooms and 1.5 baths
- Each unit includes a full kitchen, living room, first‑floor laundry, private 1‑car garage, large deck, and fenced yard
- Utilities are completely separate for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.0k | $17.40 |
| − Vacancy | −$2.8k | −$0.90 |
| EGI | $50.2k | $16.50 |
| − OpEx | −$15.1k | −$4.95 |
| NOI | $35.1k | $11.55 |
3,044 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$502.1K
$439.4K – $585.8K
NOI $35,148 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$464.5K
$406.4K – $541.9K
NOI $32,514 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$949.9K
$831.1K – $1.11M
NOI $66,490 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two side-by-side units with separate utilities and matched layouts offer flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 6190-6192 Depot Road Altamont, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Side‑by‑side duplex on 0.52 acres with 2 units, each with 3 bedrooms and 1.5 baths; Each unit includes a full kitchen, living room, first‑floor laundry, private 1‑car garage, large deck, and fenced yard; Utilities are completely separate for each unit
