$389,000
Albany, NY 12206
MLS# 202622050
5 beds

1 / 38
Property Description
Fantastic opportunity to own a well-maintained three-family property in the heart of Albany! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers excellent income potential and flexibility. The first-floor unit is a spacious 3-bedroom apartment that was consistently rented for $1,900/month over the past three years and has just become vacant, making it ideal for an owner-occupant or a new tenant at market rent. The second-floor unit features a comfortable 1-bedroom, 1-bath apartment with a living room and is currently tenant-occupied. The third-floor unit offers a generously sized 1-bedroom apartment with a large living room, oversized bathroom, and the convenience of in-unit laundry. An additional laundry area is available in the basement for tenant use. Outside, you'll find a long driveway leading to the backyard with ample off-street parking--a rare find in the area. Conveniently located near shopping, restaurants, grocery stores, public transportation, schools, parks, and other major amenities, this is an excellent opportunity to own a versatile income-producing property in a prime Albany location. Don't miss this exceptional investment opportunity!
Details
Maps
Documents
Contract Information
Original List Price: 389000
List Price/SqFt: 130.36
Status: Active
Property Sub Type: Triplex
List Price: $389,000
Current Price: $389,000
Listing Contract Date: 2026-07-17
Location
City/Town (Mail): Albany
Street Number: 9
Street Name: Kent
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.666639
Geo Lon: -73.776791
Property Detail
Rooms Total: 11
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2984
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 2984
Lot Size Acres: 0.11
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 5
Bathrooms Full: 3
Year Built: 1915
Parcel, Tax, HOA
Parcel Number: 010100 65.46-2-17
Tax Annual Amount: 7569
Tax Section: 65.46
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 17.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From Central Ave, Turn onto Ontario St, Turn Right onto Kent St
Public Remarks: Fantastic opportunity to own a well-maintained three-family property in the heart of Albany! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers excellent income potential and flexibility. The first-floor unit is a spacious 3-bedroom apartment that was consistently rented for $1,900/month over the past three years and has just become vacant, making it ideal for an owner-occupant or a new tenant at market rent. The second-floor unit features a comfortable 1-bedroom, 1-bath apartment with a living room and is currently tenant-occupied. The third-floor unit offers a generously sized 1-bedroom apartment with a large living room, oversized bathroom, and the convenience of in-unit laundry. An additional laundry area is available in the basement for tenant use. Outside, you'll find a long driveway leading to the backyard with ample off-street parking--a rare find in the area. Conveniently located near shopping, restaurants, grocery stores, public transportation, schools, parks, and other major amenities, this is an excellent opportunity to own a versatile income-producing property in a prime Albany location. Don't miss this exceptional investment opportunity!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 3612
General Taxes Description: Actual
School Taxes: 3957
School Taxes Description: Actual
Basement
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Construction Materials
Vinyl Siding: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 3950
Rental Income Description: Actual
Parking Features
Parking Total: 6
Driveway: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1900
Rent Desc. MF Unit 1: Estimated
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
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 Detail
Rent: 1900
Rent Description Unit 1: Estimated
Lease Term Unit 1: Other
Occupant Type Unit 1: Vacant
Total Bedrooms: 3
Full Baths 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Second
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 850
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 850
Rent Description Unit 2: Actual
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Total Full Baths: 1
Unit 2 Includes
Bathroom: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Second
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Actual
Occupant Type Unit 3: Tenant
Total Bedrooms: 1
Total Full Baths: 1
Status Change Info
Status Change Date: 2026-07-17
Property Features
Architectural Style: Traditional
Basement: Unfinished
Construction Materials: Vinyl Siding; Wood Siding
Exterior Features: None
Fencing: Back Yard
Heating: Forced Air; Natural Gas
Parking Features: Driveway
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Sign on Property
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of Realty One Group Key
Listing Agent: Asif Mahamud
518-505-5708 | asifforhomes@gmail.com
518-505-5708 | asifforhomes@gmail.com


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