$345,000
Albany, NY 12202
MLS# 202612590
Status: Closed
4 beds
1 / 17
Property Description
Prime 3-Unit Investment Opportunity in Albany's Mansion District! Discover this beautifully maintained 3-unit multi-family property in the Mansion District. This is a turnkey cash-flowing gem spanning approximately 3,300 sq ft, and is fully occupied with current ROP's offering immediate income and strong upside potential. Tenants responsibly cover their own gas and electric utilities, keeping owner expenses low and predictable. This property is just steps from beautiful Lincoln Park to enjoy nearby green space and close to walking paths, playgrounds, and community events. Additionally, it's location puts you just minutes from downtown Albany, the Empire State Plaza, major employers, and highways.
Details
Maps
Documents
Contract Information
Original List Price: 350000
List Price/SqFt: 106.06
Status: Closed
Property Sub Type: Triplex
Sold Price: $345,000
Current Price: $345,000
Listing Contract Date: 2026-02-27
Location
City/Town (Mail): Albany
Street Number: 70
Street Name: Park
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.644846
Geo Lon: -73.761358
Property Detail
Rooms Total: 10
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 3300
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3300
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 3
Year Built: 1872
Status Change Info
Sold Price/SqFt: 104.55
Status Change Date: 2026-05-18
Under Contract Date: 2026-03-26
Sold Date: 2026-05-14
Sold Price: $345,000
Parcel, Tax, HOA
Parcel Number: 010100 76.49-7-4
Tax Annual Amount: 5827.02
Tax Section: 76.49
Total Taxes Description: Actual
Tax Block: 7
Tax Lot: 4.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Madison Ave to Eagle Street. Left onto Park Ave, Building on Right
Public Remarks: Prime 3-Unit Investment Opportunity in Albany's Mansion District!
Discover this beautifully maintained 3-unit multi-family property in the Mansion District. This is a turnkey cash-flowing gem spanning approximately 3,300 sq ft, and is fully occupied with current ROP's offering immediate income and strong upside potential. Tenants responsibly cover their own gas and electric utilities, keeping owner expenses low and predictable.
This property is just steps from beautiful Lincoln Park to enjoy nearby green space and close to walking paths, playgrounds, and community events. Additionally, it's location puts you just minutes from downtown Albany, the Empire State Plaza, major employers, and highways.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Basement
Apartment: 1
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 3rd
Half Bath 1: 4th
Construction Materials
Wood Siding: 1
Other Structures
Shed(s): 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Pet(s) on Premises: 1
Restricted Hours: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Ductless: 1
Laundry Features
In Basement: 1
Main Level: 1
Upper Level: 1
Parking Features
Parking Total: 2
Owner Pays
Trash Collection: 1
Water: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Tenant Pays
Electricity: 1
Gas: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1100
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1100
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Bedrooms: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1150
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1150
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1550
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Total Half Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1550
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Bedrooms: 2
Property Features
Architectural Style: Traditional
Basement: Apartment
Construction Materials: Wood Siding
Exterior Features: None
Heating: Ductless
Laundry Features: In Basement; Main Level; Upper Level
Other Structures: Shed(s)
Owner Pays: Trash Collection; Water
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Pet(s) on Premises; Restricted Hours
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Water Source: Public
Carbon Monoxide Disclosure 
Listing Courtesy of Premier Homes Elite Realty LLC
Listing Agent: Kyle Chadwick
518-289-1042 | kyle@premierhomeseliterealty.com
518-289-1042 | kyle@premierhomeseliterealty.com
