Four-Unit Residential Income
For Sale
$325,000
126-128 Clinton St, Albany, NY 12202
MULTI_FAMILY - Albany, NY
Days on Market85
Property Features for 126-128 Clinton St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
15
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 3, Bedroom 5, Bathroom 6, Bathroom 5, Bedroom 6, Bedroom 10, Bathroom 1, Bedroom 15, Bedroom 12, Bathroom 2, Bathroom 4, Bedroom 11, Bedroom 2, Bedroom 8, Bedroom 14, Bedroom 1, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 9, Bathroom 7, Bedroom 13
Subdivision
South End-Groesbeckville Historic District
Standard status
Active
APN
010100 76.73-4-42
Taxes and HOA fees
Tax Annual Amount
7000
Utilities
Water source
Public
Building Details
Year built
1900
Building materials
Wood Siding, Cement Siding, Brick
Roof type
Rubber
Listing Agency:
ANCHOR REALTY SERVICES LLC
(518) 330-6340
Listed By:
Thomas J Chenaille
(518) 330-6340
Added: May 8
Changed: Jul 30
Last Checked: Jul 31 at 4:06AM
MLS# 11741143
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Investment Insights
Based on property information with market context.
This for-sale package includes two separate residential buildings at 126 and 128 Clinton St, together totaling four units. Building 126 is a two-unit property that has been mostly gutted and reframed inside, providing an opportunity for further rehabilitation and completion. Building 128 is also a two-unit property, and it is currently rented long term with month-to-month tenants.
The offering is presented as a two-property package in Albany, NY (12202). The listing previously included an additional address, 132 Clinton St, but that property went under contract, which is cited as the reason for a large price drop.
For buyers and investors, this mix of existing tenancy and active interior work can support different strategies depending on timing and capital plans. The units in 128 are already operating with long-term, month-to-month tenants, while 126 is in a partially completed condition after being gutted and reframed. As with any residential income purchase, prospective owners should evaluate the scope of the work needed to complete 126 and review the current tenant arrangements in 128 before making a decision.
The offering is presented as a two-property package in Albany, NY (12202). The listing previously included an additional address, 132 Clinton St, but that property went under contract, which is cited as the reason for a large price drop.
For buyers and investors, this mix of existing tenancy and active interior work can support different strategies depending on timing and capital plans. The units in 128 are already operating with long-term, month-to-month tenants, while 126 is in a partially completed condition after being gutted and reframed. As with any residential income purchase, prospective owners should evaluate the scope of the work needed to complete 126 and review the current tenant arrangements in 128 before making a decision.
Key Highlights
- 2‑property package totaling 4 units at 126 & 128 Clinton St
- 126 Clinton St is a 2‑unit building mostly gutted and reframed inside
- 128 Clinton St is a 2‑unit building with long‑term month‑to‑month tenants currently rented
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 12202, NY
10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two duplexes total four units, with one partially renovated and the other providing long-term month-to-month rental income.
Where is this duplex located?
The property is located at 126-128 Clinton St Albany, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2‑property package totaling 4 units at 126 & 128 Clinton St; 126 Clinton St is a 2‑unit building mostly gutted and reframed inside; 128 Clinton St is a 2‑unit building with long‑term month‑to‑month tenants currently rented
