Search
Turnkey Three-Unit Income Property
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 Market121

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
Source: Signatureonerealtygroup
Added: Jun 3 Changed: Sep 30 Last Checked: Oct 1 at 11:29AM

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

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.

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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again