NY > Albany
Albany, NY 12206,40-42 Ontario Street
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Albany, NY 12206,40-42 Ontario Street
Albany, NY 12206,40-42 Ontario Street
Albany, NY 12206,40-42 Ontario Street
Albany, NY 12206,40-42 Ontario Street
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31
Dec
2026
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Jan
Listed by Tina E Stehlin • Realty One Group Key
$ 499,000
Est. payment /mo
Save
Pending

40-42 Ontario Street Albany, NY 12206

12 Beds

6 Baths

8,820 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,820 sqft

Price per Sqft $56

MLS Listing ID 202530337

Bedrooms 12

Full Baths 6

HOA Y/N No

Year Built 1890

Annual Tax Amount $11,681

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

Source Global MLS

Property 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 just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.

Location

State NY

County Albany

Direction Traveling Northbound on Central Avenue turn right on Ontario. Property will be before you reach Livingston on the right.

Interior

Heating Electric, Forced Air, Hot Water, Natural Gas

Flooring Ceramic Tile, Hardwood, Laminate

Exterior

Exterior Feature Other

Parking Features None

Roof Type Flat,Rubber

Building

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 65.39-1-3

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Other

Daniel Britten

Daniel Britten

Broker | License ID: 10311202969

+1(518) 858-5941

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40-42 Ontario Street

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