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238 Ontario Street, Albany, NY 12203

Albany
Local realty services provided by:CENTURY 21 North East
238 Ontario Street,Albany, NY 12203
$249,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 2,244 sq. ft.
  • Multi-family
  • Active
Listed by: daniel odabashian, samantha curry
Office: new scotland realty
MLS#:202610430
Source:Global MLS

Price summary

  • Price:$249,000
  • Price per sq. ft.:$110.96

About this home

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 9.37% + 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. First floor vacant, second floor lease 12/19/24 - 12/29/26, top floor lease 7/1/22 - 6/27/26 Can be packaged with 3-unit 558 Washington Ave or sold separately.

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Home facts

  • Year built:1890
  • Listing ID #:202610430
  • Added:49 day(s) ago
  • Updated:March 02, 2026 at 08:47 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement Description:Finished
  • Living area:2,244 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Natural Gas

Structure and exterior

  • Year built:1890
  • Building area:2,244 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Vinyl Siding

Schools

  • High school:Albany

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,000
  • Price per sq. ft.:$110.96
  • Tax amount:$6,741
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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