342 Hamilton Street, Albany, NY 12210

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Property Description

342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot.The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space.The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

342 Hamilton Street | MLS# 202622063

This multi-family property located at 342 Hamilton Street, Albany, NY 12210 is currently listed for sale with an asking price of $485,000. Hamilton Street is located within the Albany school district. Search Albany real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Baseboard, Forced Air, Hot Water, Natural Gas
Home Style: Other
Lot Size: 0.04 Acres
Roof Type: Flat, Rubber
Taxes: $3,461
Year Built: 1847

Feature Descriptions

Exterior: Brick
Exterior: Garden
Flooring: Carpet, Hardwood
Interior: Wall Paneling, Vaulted Ceiling(s), Built-in Features
Parcel #: 010100 76.32-3-2
Parking: Off Street, Paved, Driveway
Parking Total: 6
Parking Total: 6
Sewer: Public Sewer
Special View Info: City
SQFT Above Grade Finished: 3649
Utilities: Cable Connected
Water: Public

Local Schools

High School: Albany
School District: Albany

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Estimated Payment

$ 1,509.27 per month $1,079.40 Principal & Interest $288.42 Property Tax $141.46 Homeowner's Insurance

Change Payment Information

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Demographics

Listed By / Shown By

Listing By

Agency Name: Kellie Kieley Realty LLC
Agency Phone: 1 518-225-0454

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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