$270,000
Albany, NY 12210
MLS# 202620052
6 beds
1 / 45
Property Description
CASH-FLOWING TRIPLEX WITH STRONG INCOME FROM DAY ONE! This income-producing property is currently generating approximately $3,550 per month in rental revenue and presents an outstanding opportunity for investors seeking immediate cash flow and long-term wealth creation. The heavy lifting has already been done. A brand-new roof, including new plywood sheathing, was installed just last month, and additional recent renovations have further improved the property's condition and tenant appeal. With major capital expenses already addressed, investors can focus on collecting rent instead of tackling deferred maintenance. Flexible acquisition options allow the property to be sold with tenants in place for instant income or delivered vacant for investors looking to reposition units, optimize rents, or pursue a house-hacking strategy. Whether you're a seasoned investor or building your portfolio, this triplex offers the rare combination of current cash flow, recent upgrades, and future upside potential. Opportunities like this don't last--secure a performing asset with built-in income and strong long-term investment potential.
Details
Maps
Documents
Contract Information
Original List Price: 275000
List Price/SqFt: 121.95
Status: Active
Property Sub Type: Triplex
List Price: $270,000
Current Price: $270,000
Listing Contract Date: 2026-06-18
Location
City/Town (Mail): Albany
Street Number: 99
Street Name: Lark
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.659721
Geo Lon: -73.760449
Property Detail
Rooms Total: 9
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2214
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2214
Lot Size Acres: 0.03
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 6
Bathrooms Full: 3
Year Built: 1877
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.72-6-25
Tax Annual Amount: 4762
Tax Section: 65.72
Total Taxes Description: Actual
Tax Block: 6
Tax Lot: 25.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Central Ave to Lark st towards Clinton Ave
Public Remarks: CASH-FLOWING TRIPLEX WITH STRONG INCOME FROM DAY ONE! This income-producing property is currently generating approximately $3,550 per month in rental revenue and presents an outstanding opportunity for investors seeking immediate cash flow and long-term wealth creation.
The heavy lifting has already been done. A brand-new roof, including new plywood sheathing, was installed just last month, and additional recent renovations have further improved the property's condition and tenant appeal. With major capital expenses already addressed, investors can focus on collecting rent instead of tackling deferred maintenance.
Flexible acquisition options allow the property to be sold with tenants in place for instant income or delivered vacant for investors looking to reposition units, optimize rents, or pursue a house-hacking strategy. Whether you're a seasoned investor or building your portfolio, this triplex offers the rare combination of current cash flow, recent upgrades, and future upside potential.
Opportunities like this don't last--secure a performing asset with built-in income and strong long-term investment potential.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
General Taxes: 2475
General Taxes Description: Actual
School Taxes: 2287
School Taxes Description: Actual
Attic Features
None: 1
Basement
Other: 1
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 2nd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income Description: Actual
Total Income: 3550
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 850
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: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Trash: 1
Water: 1
Unit 1 Detail
Rent: 850
Total Bedrooms: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Fl
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1300
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1300
Total Bedrooms: 2
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Fl
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1500
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1500
Total Bedrooms: 2
Status Change Info
Status Change Date: 2026-06-18
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Other
Construction Materials: Brick
Exterior Features: None
Heating: Hot Water; Natural Gas
Possession: At Closing
Roof: Flat
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Trash; Water
Property Tax Bill 
Listing Courtesy of Realty One Group Key
Listing Agent: Asif Mahamud
518-505-5708 | asifforhomes@gmail.com
518-505-5708 | asifforhomes@gmail.com
