MULTIPLE OFFER DEADLINE: SUN 4/27 2PM
Great opportunity for both investors and owner-occupants! This well-maintained multi-family features three units. Double Lot. Each unit has 2 bedrooms, 1 full bath and a private deck overlooking the back yard. Recently Paved off-street parking accommodates up to four vehicles. Unit 1 is currently rented month-to-month, while units 2 and 3 are active, turnkey Airbnb rentals. These short-term rental units can be sold fully furnished with google cameras and include a reliable long-term cleaner for seamless operation. Updates to the property since purchase in 2022: New washer and dryer, August locks, Mini Split A/C and heat pumps in each unit w/ electric baseboard supplemental.
Closed
$400,000
116 Philip Street, Albany, NY 12202
6beds
2,394sqft
Triplex, Multi Family
Built in 1867
-- sqft lot
$400,100 Zestimate®
$167/sqft
$2,265 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 12, 2025 at 07:04am
Listed by:
Nicholas Khachadourian 518-649-2989,
KW Platform
Bought with:
Ana G Montemayor, 10401357619
Renovo Real Estate
Source: Global MLS,MLS#: 202515599

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Heat Pump
Cooling
- None
Appliances
- Laundry: Common Area, Upper Level
Features
- Flooring: Tile, Hardwood
- Basement: Finished,Full,Walk-Out Access
Interior area
- Total structure area: 2,394
- Total interior livable area: 2,394 sqft
- Finished area above ground: 2,394
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Paved, Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Rear Porch
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Size: 2,178 sqft
Details
- Parcel number: 010100 76.57165
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garden Style
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Rubber
Condition
- Year built: 1867
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany