238 Ontario Street, Albany, NY 12203

Albany
Local realty services provided by:HUNT Real Estate ERA
238 Ontario Street,Albany, NY 12203
$239,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 2,244 sq. ft.
  • Multi-family
  • Active
Listed by: daniel odabashian, samantha curry
Office: new scotland realty
MLS#:202610430
Source:Global MLS

Price summary

  • Price:$239,000
  • Price per sq. ft.:$106.51

About this home

Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 9.37% + cap rate, making it an excellent opportunity for investors seeking reliable income. The basement unit is currently vacant, offering immediate upside potential or flexibility for an owner-occupant. Conveniently located just eight minutes from the nearest bus stop, providing easy access to campus and surrounding amenities. A solid investment opportunity with proven performance in a high-demand rental market. First floor vacant, second floor lease 12/19/24 - 12/29/26, top floor lease 7/1/22 - 6/27/26 Can be packaged with 3-unit 558 Washington Ave or sold separately.

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Home facts

  • Year built:1890
  • Listing ID #:202610430
  • Added:59 day(s) ago
  • Updated:March 09, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Finished
  • Living area:2,244 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Natural Gas

Structure and exterior

  • Year built:1890
  • Building area:2,244 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$239,000
  • Price per sq. ft.:$106.51
  • Tax amount:$6,741
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