Turnkey Three-Unit Income
For Sale
$250,000
88 Ontario Street, Albany, NY 12206
Fully tenant-occupied three-unit property with 6 bedrooms and 3 full bathrooms, offered for sale.
Property Size2,420 SF
Price / SF$103.31
Days on Market159
Property Features for 88 Ontario Street
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Multi-family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1880
Tenancy
Multi
Listing Agency:
GROUP TWENTY SIX NY LLC
Listed By:
Linda Chiou · License #10401369361
(516) 512-1437
Source:
Signatureonerealtygroup
Added: May 15
Changed: Oct 19
Last Checked: Oct 19 at 9:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GROUP TWENTY SIX NY LLC
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Investment Insights
Based on property information with market context.
This fully tenant-occupied three-unit property is turnkey and income-producing, with a total of 6 bedrooms and 3 full bathrooms across the three units. The offering includes established tenants in place, supporting immediate rental income.
The property sits on a double lot at 88-90 Ontario Street in Albany, NY, providing additional land area as part of the investment.
With all units occupied, the configuration supports a straightforward, ready-to-operate multifamily setup for investors seeking a residential income asset.
The property sits on a double lot at 88-90 Ontario Street in Albany, NY, providing additional land area as part of the investment.
With all units occupied, the configuration supports a straightforward, ready-to-operate multifamily setup for investors seeking a residential income asset.
Key Highlights
- Fully tenant‑occupied three‑unit property
- 6 bedrooms and 3 full bathrooms total
- All units are occupied with established tenants in place
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 12206, NY
17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully tenant-occupied three-unit property with 6 bedrooms and 3 full bathrooms, offered for sale.
Where is this triplex located?
The property is located at 88 Ontario Street Albany, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully tenant‑occupied three‑unit property; 6 bedrooms and 3 full bathrooms total; All units are occupied with established tenants in place
