282 Yates St Albany, NY 12208
Pine Hills NeighborhoodEstimated payment $2,139/month
Highlights
- Traditional Architecture
- No HOA
- Bathroom on Main Level
- Albany High School Rated A-
- Window Unit Cooling System
- 4-minute walk to Madison Avenue Park
About This Home
Open House: Sunday, April 26 | 10:00 AM - 1:00 PM
Come experience the space and see the potential for yourself. Great investment opportunity in Albany! This updated two-family home offers strong rental income and is ideally located near Albany Medical Center, downtown Albany, and public transportation--making it highly attractive to tenants. Each unit features a spacious 3-bedroom, 2 full bathroom layout, a rare find in the Albany rental market. The property is currently generating approximately $3,700/month in rental income ($1,800 + $1,900), with potential to increase rents to $1,850-$1,950 per unit. Recent updates provide added value and peace of mind, including a fully renovated first-floor unit (2023), updated bathroom in the second-floor unit (2025), new water heater, maintenance-free front porch (2024), reinforced foundation (2024), attic insulation (2020), and a well-maintained slate roof. Located just minutes from Washington Park, Albany Med, hospitals, colleges, restaurants, and major employers, this property benefits from strong and consistent rental demand. Easy access to public transportation makes it ideal for tenants seeking convenience and accessibility. Perfect for investors looking for cash flow or owner-occupants interested in living in one unit and renting the other.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,850
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 2,232 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry on main level
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathroom on Main Level
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Open Parking
Schools
- Albany High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
- Insurance Expense $1,297
Listing and Financial Details
- Assessor Parcel Number 010100 65.77-1-14
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,108 | $193,100 | $45,000 | $148,100 |
| 2024 | $5,108 | $193,100 | $45,000 | $148,100 |
| 2023 | $4,083 | $99,000 | $19,800 | $79,200 |
| 2022 | $3,996 | $99,000 | $19,800 | $79,200 |
| 2021 | $3,987 | $99,000 | $19,800 | $79,200 |
| 2020 | $4,549 | $99,000 | $19,800 | $79,200 |
| 2019 | $3,898 | $99,000 | $19,800 | $79,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $324,900 | +103.1% | $146 / Sq Ft | |
| 02/28/2020 02/28/20 | Sold | $160,000 | -10.6% | $72 / Sq Ft | View Prior Sale |
| 02/04/2020 02/04/20 | Pending | -- | -- | -- | |
| 01/14/2020 01/14/20 | For Sale | $179,000 | 0.0% | $80 / Sq Ft | |
| 11/19/2019 11/19/19 | Pending | -- | -- | -- | |
| 10/31/2019 10/31/19 | Price Changed | $179,000 | 0.0% | $80 / Sq Ft | |
| 10/31/2019 10/31/19 | For Sale | $179,000 | -10.1% | $80 / Sq Ft | |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- | |
| 09/10/2019 09/10/19 | Price Changed | $199,000 | -9.1% | $89 / Sq Ft | |
| 05/31/2019 05/31/19 | For Sale | $219,000 | +124.0% | $98 / Sq Ft | |
| 05/29/2013 05/29/13 | Sold | $97,750 | -24.2% | $44 / Sq Ft | View Prior Sale |
| 05/01/2013 05/01/13 | Pending | -- | -- | -- | |
| 03/25/2013 03/25/13 | For Sale | $129,000 | -- | $58 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $98,000 | None Available | |
| Deed | $115,000 | -- | |
| Warranty Deed | $115,000 | None Available | |
| Deed | $69,028 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,000 | Adjustable Rate Mortgage/ARM |
Source: Global MLS
MLS Number: 202615627
APN: 010100-065-077-0001-014-000-0000
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
- 268 Yates St Unit 268 Yates St, Albany, NY, 12208
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Ask me questions while you tour the home.