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$275,000

Listing Price

2beds

1baths

1,625sqft

8,276sqft lot

39 Exchange St, Albany, NY 12205

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

169.23

Price / sqft

1880

Year built

Home Details

Investor's Dream: Low-stress management, high-demand updates, and strong, verifiable cash flow make this property a mandatory addition to any serious portfolio. Don't miss this rare chance to acquire a true turnkey asset!------nnUnlock immediate cash flow with this exceptional, low-maintenance investment opportunity! This meticulously updated single-family residence is primed for passive income and positioned for long-term appreciation, offering two distinct income streams and a compelling proforma (see attached).n---------nDual Income Advantage: Generating $3,200/month in gross income from two separate, secure leases.nnHouse Lease: $1,700/month, secured until July 31, 2026.nnGarage Lease: $1,500/month, secured until December 31, 2025 n---------nTenant-Occupied & Rented: Immediate rental income from day one. ---------------nnFully Updated & Modernized: Minimizes near-term capital expenditures. The house features a desirable open-concept layout, premium granite countertops, new flooring/carpet, updated laundry facilities, and a brand-new Sub-Zero Mini-Split heating/cooling system for efficiency and tenant comfort.nnPremium Detached Asset: The oversized 3-Car Heated Garage is a unique, high-demand feature in the rental market, commanding a premium lease rate and attracting a professional/commercial tenant base (contractor, storage, hobbyist, etc.).n-------nTHE NUMBERS SPEAK FOR THEMSELVES! Review the attached Proforma Sheet for detailed income, expense, and projected cap rate a

Interior Details

Square Feet
  • 1625

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 8276

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    4

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Traditional/old

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,295

$15,200

$60,800

--%

$76,000

2018

$3,207

$15,200

$60,800

--%

$76,000

2017

$2,019

$15,200

$60,800

--%

$76,000

2016

$3,157

$15,200

$60,800

--%

$76,000

2015

$4,123

$15,200

$60,800

--%

$76,000

2013

$2,004

$15,200

$60,800

--%

$76,000

2011

$2,814

$15,200

$60,800

--%

$76,000

percent-home-icon

Average Home Price in 12205

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$239,000

2 Beds

2 Baths

1,614 Sqft

8,276 Lot (sqft)

Sold 07/10/2025

$275,000

2 Beds

1 Baths

1,625 Sqft

8,276 Lot (sqft)

Sold 09/29/2026

$270,000

4 Beds

2 Baths

1,428 Sqft

13,939 Lot (sqft)

Sold 09/29/2026

$325,000

4 Beds

2 Baths

1,395 Sqft

6,534 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
275,000
$
Down payment
55,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,650
$
HOA (Monthly)
0
$
PMI
0
$
$1,780
Your Payment
Total Monthly Payment:$1,780
Percent of Income:31%
Affordable:No

Details for 39 EXCHANGE ST

Property Debt

Foreclosure Contact Details