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a Charlotteville Realty Team

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607-282-6242kevin@homesfarmsandland.com

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Property at 40 Cortland Place, Albany, NY 12203
ACTIVE
$10,000
$209,900

40 Cortland PlaceAlbany, NY, 12203

4 Beds2 Baths1,496 SqFt0.03 Acres
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.
1 / 43

Est. Monthly

$995/MO

$209,900
$10,000

40 Cortland Place, Albany, NY

4 Beds2 Baths1,496 SqFt0.03 Acres

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.

StatusActive
Property TypeMulti Family
Property SubtypeDuplex
Year Built1903
Days on Market59 days

Est. Monthly Payment

$994.92

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

40 Cortland Place

Albany, NY 12203 • Albany
4
Beds
2
Baths
1,496
SqFt
0.03
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Duplex
Year Built
1903123 years ago
Days on Market
59 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,000
Property History
  • Price reduced
    May 27, 2026 • GLOBAL MLS • 202615101
    $219,900 → $209,900
  • Listed for sale
    Apr 15, 2026 • GLOBAL MLS • 202615101
    $219,900
Mortgage Calculator
Estimated monthly payment for this property
$994.92
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    Global MLS
  • MLS#
    202615101
  • Listing Office
    Clancy Real Estate
  • Last Updated
    16 days ago

Climate & Systems

  • Heating
    • Baseboard
    • Hot Water

Interior Features

  • Flooring
    Hardwood
  • Basement
    • Unfinished
    • Full
  • Interior Features
    High Speed Internet

Lot & Grounds

  • Lot Size
    0.03 acres
  • Lot Features
    Cleared
  • Patio & Porch
    Front Porch
  • Exterior Features
    None

Type

  • Property Type
    Multi Family
  • Property Subtype
    Duplex
  • Architectural Style
    Traditional

Structure

  • Construction
    Aluminum Siding
  • Roof
    Flat

Condition

  • Year Built
    1903
  • Days on Market
    59 days
  • Water
    Public
  • Sewer
    Public Sewer
  • Utilities
    Cable Available

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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