238 Ontario Street, Albany, NY 12203

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6 Beds 3 Baths 0 Partial Bath 2,244 Sq Ft 0.04 Acres

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Property Description

Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 9.37% + cap rate, making it an excellent opportunity for investors seeking reliable income.The basement unit is currently vacant, offering immediate upside potential or flexibility for an owner-occupant. Conveniently located just eight minutes from the nearest bus stop, providing easy access to campus and surrounding amenities. A solid investment opportunity with proven performance in a high-demand rental market.First floor vacant, second floor lease 12/19/24 - 12/29/26, top floor lease 7/1/22 - 6/27/26 Can be packaged with 3-unit 558 Washington Ave or sold separately.

238 Ontario Street | MLS# 202610430

This multi-family property located at 238 Ontario Street, Albany, NY 12203 is currently listed for sale with an asking price of $239,000. Ontario Street is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple

Basement: Finished

Basement: Yes

Heating: Baseboard, Hot Water, Natural Gas

Home Style: Traditional

Lot Size: 0.04 Acres

Taxes: $6,741

Year Built: 1890

Feature Descriptions

Days on Site: 121

Exterior: Vinyl Siding

Exterior: None

Parcel #: 010100 65.61-2-28

Sewer: Public Sewer

SQFT Above Grade Finished: 2244

Water: Public

Local Schools

High School: Albany

School District: Albany

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$ 1,163.37 per month $531.91 Principal & Interest $561.75 Property Tax $69.71 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: New Scotland Realty
Agency Phone: 1 518-964-2066

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

238 Ontario Street, Albany, NY 12203

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 12:00:08 AM EST) or Global MLS (last updated Tue 05/12/2026 11:52:09 PM EST) or New York State Alliance MLS (last updated Tue 05/12/2026 11:58:49 PM EST) or Hudson Valley Catskill Region MLS (last updated Tue 05/12/2026 11:51:55 PM EST) or OneKey MLS (last updated Tue 05/12/2026 11:53:17 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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238 Ontario Street, Albany, NY 12203

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Property Description

238 Ontario Street | MLS# 202610430

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Property Features

Feature Descriptions

Local Schools

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238 Ontario Street, Albany, NY 12203

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238 Ontario Street, Albany, NY 12203

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