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238 Ontario StreetAlbany, NY 12203Price: $239,000

  • Price: $239,000
  • Est. Mortgage of $/month
  • 169 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $239,000List Price
  • 6Bedrooms
  • 3Bathrooms
  • 0.04Acreage
  • 2,244Square Feet
Listed by Daniel Odabashian of New Scotland Realty
Pending
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203
238 Ontario Street Albany NY 12203

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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.

Property Details of 238 Ontario Street

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 "Based on information submitted to Global MLS as of June 29, 2026 1:14 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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