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Listed by: Compass Greater NY, LLC
$ 265,000
Est. payment /mo
Active
3 Clare AVE Albany, NY 12202
4 Beds
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $147
MLS Listing ID 20260234
Style Other
Bedrooms 4
Year Built 1975
Annual Tax Amount $4,782
Tax Year 4782
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Welcome to this rare side-by-side duplex at 3 Clare Ave, offering a turnkey investment opportunity in a prime Albany location.
Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability.
The duplex features two well-maintained units totaling 4 bedrooms and 2 bathrooms, each with its own private entrance. Thoughtfully laid out for tenant comfort and privacy, both apartments enjoy dedicated off-street parking and their own large backyard, an uncommon and highly desirable feature in a multi-family setting.
The property has been carefully maintained with recent improvements that enhance both performance and longevity. Updates include a newer roof installed in 2022, an updated HVAC (water heater and furnace in 2025) system and appliances in one unit, and improvements to the backyard fencing. Both units are currently occupied by long-term tenants, providing immediate income and a true turnkey experience for the next owner.
With a current rent roll of 2,539 per month, this property presents a compelling opportunity for investors seeking a low-maintenance asset in a strong rental market.
Higher rents may be possible. Financials provided for informational purposes only; buyers to verify.
For showings, 48 hour notice is required to schedule as both units are currently occupied. The listing agent has ownership interest in the property.
Positioned in close proximity to downtown Albany and just minutes from major campuses including SUNY Albany and Albany Law, this property benefits from consistent rental demand and long-term stability.
The duplex features two well-maintained units totaling 4 bedrooms and 2 bathrooms, each with its own private entrance. Thoughtfully laid out for tenant comfort and privacy, both apartments enjoy dedicated off-street parking and their own large backyard, an uncommon and highly desirable feature in a multi-family setting.
The property has been carefully maintained with recent improvements that enhance both performance and longevity. Updates include a newer roof installed in 2022, an updated HVAC (water heater and furnace in 2025) system and appliances in one unit, and improvements to the backyard fencing. Both units are currently occupied by long-term tenants, providing immediate income and a true turnkey experience for the next owner.
With a current rent roll of 2,539 per month, this property presents a compelling opportunity for investors seeking a low-maintenance asset in a strong rental market.
Higher rents may be possible. Financials provided for informational purposes only; buyers to verify.
For showings, 48 hour notice is required to schedule as both units are currently occupied. The listing agent has ownership interest in the property.
Location
State NY
County Albany
Area Albany
Zoning R2A
Interior
Heating Baseboard, Natural Gas
Laundry In Unit
Exterior
Fence Back Yard
Building
Lot Description Back Yard
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
High Schools Albany City School District
School District Albany City School District
Others
Tax ID 76.71-1-41
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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