$234,900
Albany, NY 12208
MLS# 202612177
Status: Pending
3 beds
1 / 1
Property Description
Three-unit investment opportunity featuring one bedroom ($1350), one studio ($980), one studio ($950). Owner pays all utilities. Two units paid by 3rd party with annual rent increase 7.7% each September. Strong income potential with established tenancy in place.
Details
Maps
Documents
Contract Information
Original List Price: 234900
List Price/SqFt: 114.03
Status: Pending
Property Sub Type: Triplex
List Price: $234,900
Current Price: $234,900
Listing Contract Date: 2026-02-18
Location
City/Town (Mail): Albany
Street Number: 808B
Street Name: Madison
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.659532
Geo Lon: -73.780976
Property Detail
Rooms Total: 6
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2060
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2060
Lot Size Acres: 0.1
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 3
Bathrooms Full: 3
Year Built: 1950
Status Change Info
Proposed Closing Date: 2026-05-15
Status Change Date: 2026-03-10
Under Contract Date: 2026-03-10
Parcel, Tax, HOA
Parcel Number: 010100 65.69-2-71
Tax Annual Amount: 6104
Tax Section: 65.69
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 71.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Quail Street right on Madison Ave, property 600 ft on the left side.
Public Remarks: Three-unit investment opportunity featuring one bedroom ($1350), one studio ($980), one studio ($950). Owner pays all utilities. Two units paid by 3rd party with annual rent increase 7.7% each September. Strong income potential with established tenancy in place.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
150 Amp Service: 1
Circuit Breakers: 1
Fencing
None: 1
Financial Details
Full Market Assessment: 218000
General Taxes: 2780.9
General Taxes Description: Actual
School Taxes: 3322.92
School Taxes Description: Actual
Attic Features
None: 1
Cooling
Window Unit(s): 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Lot Features
Cleared: 1
Level: 1
Construction Materials
Aluminum Siding: 1
Block: 1
Plaster: 1
Door Features
Storm Door(s): 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Agent to Accompany: 1
Sign on Property: 1
Special Listing Conditions
Short Sale: 1
Roof
Asphalt: 1
Shingle: 1
View
City: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 3844
Rental Income Description: Actual
Parking Features
None: 1
Patio And Porch Features
Deck: 1
Porch: 1
Levels
Three Or More: 1
Separate Utilities
Not Separated: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1350
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 Owner Furnish Features
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 980
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 2
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 914
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 2
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Electricity: 1
Gas: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Detail
Rent: 1350
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Bedrooms: 1
Unit 2 Detail
Rent: 980
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Unit 3 Detail
Rent: 941
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Total Bedrooms: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Full; Unfinished
Construction Materials: Aluminum Siding; Block; Plaster
Cooling: Window Unit(s)
Door Features: Storm Door(s)
Electric: 150 Amp Service; Circuit Breakers
Exterior Features: None
Fencing: None
Foundation Details: Concrete Perimeter
Heating: Hot Water; Natural Gas
Levels: Three Or More
Lot Features: Cleared; Level
Parking Features: None
Patio And Porch Features: Deck; Porch
Possession: At Closing
Roof: Asphalt; Shingle
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Sign on Property
Special Listing Conditions: Short Sale
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Electricity; Gas; Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Electricity; Gas; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Taxes 
Listing Courtesy of Venture Fox Realty Group LLC
Listing Agent: Hany Y Ayoub
518-429-6966 | hayoub@venturefoxrealty.com
518-429-6966 | hayoub@venturefoxrealty.com
