$319,900
Albany, NY 12202
MLS# 202627390
4 beds
1 / 23
Property Description
Great opportunity to own a versatile multi-unit property in the heart of Albany! 50 Park Ave features two currently occupied units plus a basement unit to be vacant at time of closing, offering flexibility for an owner-occupant or the opportunity to place a new tenant and maximize rental income. The property also includes a detached garage with two garage spaces. Conveniently located near Lincoln Park, the Empire State Plaza, downtown Albany, restaurants, shopping, and major commuter routes. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income while occupying the available unit, this property offers plenty of possibilities.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Triplex
Original List Price: 319900
List Price: $319,900
Current Price: $319,900
Listing Contract Date: 2026-10-01
List Price/SqFt: 133.96
Location
Street Number: 50
Street Name: Park
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.64447
Geo Lon: -73.760687
Property Detail
Rooms Total: 15
Bedrooms Total: 4
Bathrooms Full: 3
Year Built: 1865
Garage Spaces: 2
Above Grade Finished Area: 2388
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 2388
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 2nd
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Income And Expenses
Rental Income: 3350
Rental Income Description: Actual
Insurance Expense: 3426.89
Insurance Expense Description: Actual
Parking Features
Parking Total: 2
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 3
Unit Information
Number Of Dishwashers: 1
Number Of Dryers: 1
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Monthly Rent MF Unit 1: 1250
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1250
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Total Bedrooms: 3
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 900
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 900
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Total Bedrooms: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Total Bedrooms: 1
Status Change Info
Status Change Date: 2026-10-01
Property Features
Architectural Style: Townhouse
Attic Features: None
Basement: Apartment
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service; Single Phase
Exterior Features: None
Fencing: Back Yard; Fenced; Gate; Perimeter; Wire
Flooring: Hardwood; Tile; Vinyl
Heating: Baseboard; Natural Gas
Interior Features: Built-in Features
Laundry Features: In Bathroom; Washer Hookup
Levels: Tri-Level
Other Structures: Garage(s)
Owner Pays: Sewer; Water
Parking Features: Garage
Patio And Porch Features: Deck
Possession: At Closing
Roof: Flat; Rubber
Security Features: Carbon Monoxide Detector(s)
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Available
Window Features: Double Pane Windows; Screens
Water Source: Public
Unit 1 Includes: Bathroom; Dishwasher; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Internet; Sewer; Water
Unit 2 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Internet; Sewer; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Storage; Stove
Unit 3 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Internet; Sewer; Water
PCD 
Listing Courtesy of Armida Rose Realty Group
Listing Agent: Charley Q Pollard
518-860-2077 | charley@armidarose.com
518-860-2077 | charley@armidarose.com
