$299,000
Albany, NY 12202
MLS# 202522678
Status: Closed
7 beds
1 / 29
Property Description
Attention Investors! Seize this turnkey investment opportunity in Albany's thriving Pine Hills neighborhood. This fully renovated triplex at 221 Myrtle Ave combines modern upgrades with a prime location, delivering strong rental potential with an estimated gross annual rent roll of $56,400. Perfect for investors or owner-occupants seeking rental income in a high-demand market. Situated in the heart of Pine Hills and minutes from Albany Medical Center, SUNY Albany, and downtown Albany's vibrant Lark Street. Residents enjoy proximity to local gems including restaurants, shopping and entertainment.
Details
Maps
Documents
Contract Information
Original List Price: 299000
List Price/SqFt: 127.78
Status: Closed
Property Sub Type: Triplex
Sold Price: $299,000
Current Price: $299,000
Listing Contract Date: 2025-07-28
Location
City/Town (Mail): Albany
Street Number: 221
Street Name: Myrtle
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.64988
Geo Lon: -73.767515
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2340
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2340
Fireplaces Total: 0
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 3
Year Built: 1940
Status Change Info
Sold Price/SqFt: 127.78
Status Change Date: 2025-09-23
Under Contract Date: 2025-08-05
Sold Date: 2025-09-23
Sold Price: $299,000
Parcel, Tax, HOA
Parcel Number: 010100 76.31-4-29
Tax Annual Amount: 8482
Tax Section: 76.31
Total Taxes Description: Estimated
Tax Block: 4
Tax Lot: 29.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Madison Ave to left on Eagle St. Turn right onto Park Ave, Continue onto Myrtle Ave. Destination will be on the right
Public Remarks: Attention Investors! Seize this turnkey investment opportunity in Albany's thriving Pine Hills neighborhood. This fully renovated triplex at 221 Myrtle Ave combines modern upgrades with a prime location, delivering strong rental potential with an estimated gross annual rent roll of $56,400. Perfect for investors or owner-occupants seeking rental income in a high-demand market.
Situated in the heart of Pine Hills and minutes from Albany Medical Center, SUNY Albany, and downtown Albany's vibrant Lark Street. Residents enjoy proximity to local gems including restaurants, shopping and entertainment.
Sewer
Public Sewer: 1
Architectural Style
Triplex: 1
Electric
100 Amp Service: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 3957
General Taxes Description: Estimated
School Taxes: 4525
School Taxes Description: Estimated
Attic Features
None: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Construction Materials
Other: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Vinyl: 1
Showing Requirements
Showing Service: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Baseboard: 1
Hot Water: 1
Natural Gas: 1
Space Heater: 1
Income And Expenses
Rental Income: 56400
Rental Income Description: Estimated
Interior Features
Ceramic Tile Bath: 1
Patio And Porch Features
Rear Porch: 1
Levels
Tri-Level: 1
Separate Utilities
Electric: 1
Gas: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1600
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: None
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Detail
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Flr
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1500
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Detail
Total Bedrooms: 2
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd Flr
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1600
Rent Desc. MF Unit 3: Estimated
Lease Term MF Unit 3: None
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Total Bedrooms: 3
Property Features
Architectural Style: Triplex
Attic Features: None
Basement: Full
Construction Materials: Other
Cooling: None
Electric: 100 Amp Service
Exterior Features: None
Fencing: Back Yard
Flooring: Ceramic Tile; Hardwood; Vinyl
Heating: Baseboard; Hot Water; Natural Gas; Space Heater
Interior Features: Ceramic Tile Bath
Levels: Tri-Level
Patio And Porch Features: Rear Porch
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Docs 
Listing Courtesy of Laviano & Associates Real Estate Group
Listing Agent: Nedim Alivodic
518-577-4034 | nalivodic@lavianorealty.com
518-577-4034 | nalivodic@lavianorealty.com
