693 State St

Albany, NY 12203

$299,900
Price
6
Beds
2,472 Sq. Ft.
$121 / Sq. Ft.
2,472
Sq. Ft.
$121
per Sq. Ft.
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Description

Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.Fully rented 2,472 SF two-family investment property producing $2,900/month in gross rental income with leases in place. Located in a solid, proven rental area, this property offers immediate cash flow—just start collecting the rent from day one. A straightforward, low-friction acquisition ideal for investors seeking stabilized income with minimal lift. Property to be sold as-is. Strong addition to any long-term or value-focused investment strategy.
  1. Listed by Kevin Clancy • Clancy Real Estate
    P: (518)-461-9937 C: (518)-461-9937 kclancy514@gmail.com

Property Details for 693 State Street

Architectural Style
Traditional
Waterfront
No
LISTING UPDATED: 02/11/2026 11:57 AM

Property Details for 693 State Street

StatusActive
MLS #202610882
Days on Market21
Taxes$4,627 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.05 AC / 2,178 SF
CountyAlbany County

Location

Listing Courtesy of Clancy Real Estate
Add your commute

Building Information for 693 State Street

Stories-Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$1,847 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,462

Property Taxes

$386

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 693 State Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: State Street between ontario and Quail
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12203
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 18.000
  • Tax Block: 3
  • Parcel Number: 010100 65.62-3-18
  • Tax Tract: 65.62
  • Tax Annual Amount: $4,626.80
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: Subject To Tenant Rights, At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level
  • Year Built: 1900
  • Lot Size Dimensions: 25 x 80
  • Above Grade Finished Area: 2472.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2178.0
Building Information
  • Living Area: 2472.0
Utilities
  • Water Source: Public
  • Separate Utilities : Not Separated: Yes
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Enclosed
  • Exterior Features: None
Interior Features
  • Interior Features: Solid Surface Counters, Paddle Fan, High Speed Internet
  • Heating: Radiant, Natural Gas
  • Roof: Asphalt
  • Flooring: Hardwood, Laminate
  • Basement: Full, Unfinished
  • Construction Materials: Aluminum Siding
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses Information
  • Income And Expenses : Rental Income: $1,650.00
  • Income And Expenses : Rental Income Description: Actual
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Owner Furnish Features : Electricity: Yes
  • Unit Owner Furnish Features : Gas: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 2
  • Unit Owner Furnish Features : Gas: Yes
  • Unit Owner Furnish Features : Heat: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Dining Room: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 3

Property History for 693 State Street

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Listed (Active)

GLOBAL MLS #202610882

$299,900—
Nov 18, 2016

Sold (Public Record)

Public Record #584310292

$215,000

+22.2% / yr

Mar 27, 2013

Sold (Public Record)

Public Record #353304280

$103,500—
DateEvent & SourcePrice
01/21/2026

Listed (Active)

GLOBAL MLS #202610882

$299,900
11/18/2016

Sold (Public Record)

Public Record #584310292

$215,000

+22.2% / yr

03/27/2013

Sold (Public Record)

Public Record #353304280

$103,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 693 State Street

Taxable ValueLand$49,800Additions$199,200Total$249,000
Home Facts
Baths2Total Finished SqFt2,472 SqFtAbove Grade Finished SqFt2,472 SqFtStories2Lot Size2,000 SqFtStyleDuplexYear Built1900ZoningR2BCountyALBANYAPN010100 65.62-3-18

Schools near 693 State Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Philip J Schuyler Achievement Academy
Public - PK to 5
Stephen And Harriet Myers Middle School
Public - 6 to 12
Albany High School
Public - 9 to 12
Edmund J O'neal Middle Of Excellence
Public - 6 to 8
Rating
School
Distance
Philip J Schuyler Achievement Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 12

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 693 State Street, Albany, NY 12203

693 State Street is a multi-family home for sale in Albany, NY 12203. This property was listed for sale on January 21, 2026 by Clancy Real Estate, it's currently listed at $299,900. It has been on the market for a total of 21 days and was last sold on November 18, 2016. This listing's school district is Albany City School District. Nearby schools include Philip J Schuyler Achievement Academy, Stephen And Harriet Myers Middle School and Albany High School. 693 State Street is a 6-bed, 2-bath, 2,472 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Clancy Real Estate

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