40 Cortland Place Albany, NY $ 219,900
40 Cortland Place
$ 219,900
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40 Cortland Place

Albany, NY, 12203
$ 219,900
Bedrooms4 Baths2.0 Sq 1,496

Monthly Estimate*

$ 1,354

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Multi-Family Home for sale in Albany, NY

for $219,900 with 4 bedrooms and 2 full baths. This 1,496 square foot home was built in 1903 on a lot size of 0.03.

Great investment opportunity in a highly desirable rental location. Both units are in good condition, offering a true turnkey, low-maintenance investment. Each apartment features separate utilities for added convenience and efficiency. Both units are equipped with Navien high-efficiency heat and hot water systems and feature new kitchens. Strong rental history potential in a prime location close to SUNY Albany, Russell Sage College, and The College of Saint Rose. A solid, stress-free investment opportunity with great long-term appeal.

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Multi-Family Active

Price

$ 219,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,000

Style

Traditional

Lot Size

0.03

Year Built

1903

Town/City

Albany

County/Region

Albany

MLS | Web ID

202615101

Features
Interior
Interior Amenities High Speed Internet
Basement Full Unfinished
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 1496.0
Half Baths 0
Laundry Features Common Area Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 0.0
Below Grade Finished Area Source CRS
Above Grade Finished Area Source CRS
Total Baths 2
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General
Sewer Public Sewer
Heating Baseboard Hot Water Natural Gas
Cooling Window Unit(s)
Utilities Cable Available
Possession At Closing
Roof Flat
Garage Spaces 0.0
Patio/Porch Features Front Porch
Architectural Style Traditional
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Aluminum Siding
Year Built 1903
Tenant Pays Heat Electricity
Property Subtype Duplex
Ownership Onondaga Real Estate LLC
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 2
Status Active
Directions off Western Ave 1st house on the Right
High School Albany
City Albany
High School District Albany
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 1306.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5000.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=19987&lang=en-US
Standard Status Active
Tax Assessed Value 0
Tax Lot 73.000
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Exterior
Exterior Amenities None
Lot Features Cleared
Water Source Public
Lot Size Area 0.03
Spa N
Lot Size Acres 0.03
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Kevin Clancy

Listing Agent

Clancy Real Estate

Broker

(518) 461-9937

Phone

kclancy514@gmail.com

Email

Affordability Calculator

$1,771
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,354
Monthly Property Taxes
$417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2026$219,900 Listed Price

Map


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40 Cortland Place, Albany, NY, 12203 is a Multi-Family Home for sale at $219,900 with 1,496 sqft and a lot size of 0.03. 40 Cortland Place has 4 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 12203 which is in Albany, NY