$465,000
Albany, NY 12202
MLS# 202620596
10 beds
1 / 51
Property Description
Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Triplex
Original List Price: 499900
List Price: $465,000
Current Price: $465,000
Listing Contract Date: 2026-06-26
List Price/SqFt: 121.25
Location
Street Number: 117
Street Name: 4th
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Cross Street: Clinton St
Geo Lat: 42.639495
Geo Lon: -73.759373
Property Detail
Rooms Total: 18
Bedrooms Total: 10
Bathrooms Full: 3
Year Built: 1880
Above Grade Finished Area: 3835
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 3835
Fireplaces Total: 1
Zoning: Multi Residence
Lot Size Dimensions: 66X34.3
Lot Size Acres: 0.05
Main Road Frontage: 66
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Parking Y/N: No
Financial Details
General Taxes: 1445
General Taxes Description: Actual
School Taxes: 1342
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 5100
Rental Income Description: Monthly
Total Income: 61200
Total Income Description: Yearly
Electric Expense Description: Tenant
Gas Expense Description: Tenant
Insurance Expense Description: Actual
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 3
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Unit Available MF Unit 1: Tenant
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1400
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1400
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Bedrooms: 3
Total Full Baths: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1900
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 8
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1900
Rent Description Unit 2: Estimated
Lease Term Unit 2: Other
Occupant Type Unit 2: Vacant
Kitchen Unit 2: Eat In
Total Bedrooms: 4
Total Full Baths: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd Fl
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1800
Rent Desc. MF Unit 3: Estimated
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 7
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1800
Rent Description Unit 3: Estimated
Lease Term Unit 3: Other
Occupant Type Unit 3: Vacant
Kitchen Unit 3: Eat In
Total Bedrooms: 3
Total Full Baths: 1
Status Change Info
Status Change Date: 2026-06-26
Property Features
Architectural Style: Federal
Attic Features: Full; Hatch
Basement: Full; Interior Entry
Construction Materials: Brick
Cooling: Window Unit(s)
Electric: 100 Amp Service; Circuit Breakers; Single Phase
Exterior Features: None
Fencing: None
Flooring: Laminate; Vinyl
Foundation Details: Brick/Mortar
Heating: Baseboard; Hot Water; Natural Gas
Interior Features: Built-in Features; Paddle Fan
Levels: Tri-Level
Lot Features: Corner Lot; Road Frontage
Other Equipment: None
Other Structures: None
Owner Pays: Grounds Care; Management; Sewer; Snow Removal; Trash Collection; Water
Parking Features: None
Patio And Porch Features: None
Possession: At Closing
Roof: Flat; Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Connected
Property Condition: Updated/Remodeled
Window Features: ENERGY STAR Qualified Windows; Wood Frames
View: Downtown
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 1 Dining Room Type: Combined DR/LR; Dining Area
Unit 1 Appliances: Refrigerator; Oven
Unit 2 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator
Unit 2 Dining Room Type: Combined DR/LR; Dining Area
Unit 2 Appliances: Refrigerator; Oven
Unit 3 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Refrigerator
Unit 3 Dining Room Type: Combined DR/LR; Dining Area
Unit 3 Appliances: Refrigerator; Oven
School Taxes 
Listing Courtesy of Carr Real Estate Group LLC
Listing Agent: Richard Carr
518-488-2434 | richc1976@gmail.com
518-488-2434 | richc1976@gmail.com
