$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
Status: Closed
Property Sub Type: Triplex
Original List Price: 299000
Sold Price: $299,000
Current Price: $299,000
Listing Contract Date: 2025-07-28
List Price/SqFt: 127.78
Location
Street Number: 221
Street Name: Myrtle
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.64988
Geo Lon: -73.767515
Property Detail
Rooms Total: 12
Bedrooms Total: 7
Bathrooms Full: 3
Year Built: 1940
Above Grade Finished Area: 2340
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2340
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2025-09-23
Under Contract Date: 2025-08-05
Sold Date: 2025-09-23
Sold Price: $299,000
Sold Price/SqFt: 127.78
Financial Details
General Taxes: 3957
General Taxes Description: Estimated
School Taxes: 4525
School Taxes Description: Estimated
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: 56400
Rental Income Description: Estimated
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 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 Detail
Total Bedrooms: 2
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 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
