238 Ontario Street, Albany, NY 12203, Albany

$ 260,000
238 Ontario Street, Albany, NY 12203,

Overview

  • Updated On:
  • January 12, 2026
  • 711194
  • Property ID
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2,244 ft2
  • Property Size

Description

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 7% + 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.

Address: 238 Ontario Street, Albany, NY 12203
City:
State/County:
Zip: 12203
Country: United States

Property Id: 711194
Price: $ 260,000
Property Size: 2,244 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 3
Listed By: Daniel Odabashian
Listing Agent Email: dan@newscotlanddevelopment.com
Listing Brokerage: New Scotland Realty

Other Features
Has Heating System
None

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 1,333.07
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,008.07

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Anthony Gucciardo

Broker Owner

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