Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.

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"Based on information submitted to Global MLS as of June 29, 2026 2:43 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Building Relationships Based on Trust, Honesty and Dedication

884-886 Lancaster StreetAlbany, NY 12203Price: $437,000

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Building Relationships Based on Trust, Honesty and Dedication

884-886 Lancaster StreetAlbany, NY 12203Price: $437,000

$/month over payments

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$/month over payments

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Property Details of 884-886 Lancaster Street

Property Details

Basic Information

Property

Location

Finance

Interior Features

Beds/Baths

Bathrooms

Basement

Laundry

Utilities and Appliances

Utilities and Appliances

Community

Schools

Map Location

Driving Directions

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Hi there! How can we help you?

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