About This Home

This 4-bedroom, 3-bathroom multi-family at 339 Hamilton Street in Albany, NY is listed for $399,500 ($175 per sqft). Built in 1850, the home offers 2,280 sqft of living space on a 0.05 acres lot.

Key Features

  • Built in 1850
  • 0.05 acre lot
  • Fireplace

Property Details

3 full
1850

Amenities

FireplaceHardwoodA/C
Listing Description

Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafes, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand.

The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character.

The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living.

The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included.

Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods. Property is sold as is due the significant price reduction. Property is in excellent condition!!!

Monthly Cost Estimate

$2,137/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,731
Insurance$117

Estimates only. Actual payments may vary.

Location

339 Hamilton Street

Albany, NY 12210

Property Details

Flooring

Hardwood

Construction

Brick

Heating

Ductless (Heating)Forced Air

Cooling

DuctlessCentral Air

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 339 Hamilton Street is listed at $399,500 ($175/sqft). The estimated monthly payment is $2,137 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1850, 0.05 acre lot, Fireplace.

This property is listed by Stela Koeva.

SK

Stela Koeva

License 10401345420

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 202621173· Source: Global MLS, Inc.· 116 days on PropertySimple

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.

339 Hamilton Street, Albany, NY 12210

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