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USANYAlbany42-4042 Ontario St
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42-4042 Ontario St, Albany, NY

Real Estate

For Sale

Listed price in listed location currency (USD).
$499,000

1260

MLS® 202530337

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 8820 sqft
Garage No
Taxes $11,681
Days Active 1
Lot Size 0.1 acres
Approx. Age 1890
Avg. Price Per Sqft $56
MLS® Number 202530337

Property Address: 42-4042 Ontario St, Albany, NY, 12206-2427

Average square foot calculated using Size range provided by listing agent.

Description

Check out this money maker in Albany, which generates over $87, 000 annually when fully rented. This rock-solid 6-unit typically brings in over $7, 000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.
MLS® Number202530337
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1
Exterior
GarageNo
Approx. Age1890
BasementApartment, Full, Walk-Out Access
DrivewayNone
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 3, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
4042 Ontario St, Albany, NY

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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