This cash-flowing 2 unit property offers a strong rental history and is ideal for both seasoned and first-time investors. Each unit is separately metered, with tenants responsible for their own utilities. Conveniently located near the bus line, colleges, hospitals, and state offices.
Pending
$199,000
125 Spring Street, Albany, NY 12203
2beds
1,456sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$190,500 Zestimate®
$137/sqft
$-- HOA
What's special
- 129 days |
- 17 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 08:54am
Listing by:
KW Platform 518-724-5800,
Luke Khachadourian 518-937-3252
Source: Global MLS,MLS#: 202526569
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
- Finished area above ground: 1,456
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 1,306.8 Square Feet
Details
- Parcel number: 010100 65.62232
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $156,000
- Annual tax amount: $4,365
- Date on market: 9/25/2025
- Tenant pays: Hot Water, Electricity, Gas
Estimated market value
$190,500
$181,000 - $200,000
$1,651/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Pending sale | $199,000$137/sqft |
Source:  Global MLS #202526569 Report a problem | ||
| 10/23/2025 | Price change | $199,000-7.4%$137/sqft |
Source: Global MLS #202526569 Report a problem | ||
| 9/25/2025 | Listed for sale | $215,000+59.3%$148/sqft |
Source: Global MLS #202526569 Report a problem | ||
| 5/7/2024 | Sold | $135,000-10%$93/sqft |
Source: Global MLS #202329430 Report a problem | ||
| 3/27/2024 | Pending sale | $150,000$103/sqft |
Source: Global MLS #202329430 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $156,000 +122.9% |
| 2023 | -- | $70,000 |
| 2022 | -- | $70,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Pine Hills
Nearby schools
GreatSchools rating
- 4/10Philip J Schuyler Achievement AcademyGrades: PK-5Distance: 0.4 mi
- 3/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.9 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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