Do Real Estate on the Go!
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Do Real Estate on the Go!
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$499,000
12 Beds
6 Baths6 full baths
8,820sqft
40-42 Ontario St, Albany, NY 12206
$499,000
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Multi Family
Built in 1890
$-- HOA
0.1 acre lot
$57/sq.ft
Description
Check out this money maker in Albany, which generates over $87,000 annually when fully rented. This rock-solid 6-unit typically brings in over $7,000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting...
Continue Reading- Houzeo last checked: 2 Hours ago
- Listing updated: December 11, 2025 at 11:28 pm
- Listing Provided by: Tina E Stehlin (914) 466-6962 DRE #10401249861, Daniel Nelson (518) 469-0015 DRE #10401393439 | Realty One Group Key (518) 630-5360
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202530337
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
8,820 sqft
Lot Size
0.1 acre lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202530337
MLS Status
Pending
Days on Market
15
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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