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
$421,200 Zestimate®
$167/sqft
$2,232 Estimated rent
Home value
$421,200
$371,000 - $480,000
$2,232/mo
Zestimate® history
Owner options
List your home for rent
$2,232/mo
Rent Zestimate®
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$2,232/mo
Rent Zestimate®
Refinance and save
$2,692/mo
Est. payment
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$2,692/mo
Est. payment
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List your homeWhat's special
Off-street parkingNew washer and dryerElectric baseboardPrivate deckHeat pumpsDouble lotAugust locks
Zillow last checked:
Listing updated:
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
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $400,000+14.3%$167/sqft |
Source:  Global MLS #202515599 Report a problem | ||
| 4/30/2025 | Pending sale | $349,900$146/sqft |
Source: Global MLS #202515599 Report a problem | ||
| 4/21/2025 | Listed for sale | $349,900+22.6%$146/sqft |
Source: Global MLS #202515599 Report a problem | ||
| 12/2/2022 | Sold | $285,498+2%$119/sqft |
Source: Global MLS #202228689 Report a problem | ||
| 10/21/2022 | Pending sale | $279,900$117/sqft |
Source: Global MLS #202228689 Report a problem | ||
| 10/19/2022 | Listed for sale | $279,900+37.9%$117/sqft |
Source: Global MLS #202228689 Report a problem | ||
| 10/17/2016 | Sold | $203,000-2.9%$85/sqft |
Source: Public Record Report a problem | ||
| 7/27/2016 | Pending sale | $209,000$87/sqft |
Source: Berkshire Hathaway Blake #201613092 Report a problem | ||
| 6/24/2016 | Listed for sale | $209,000+30.6%$87/sqft |
Source: Berkshire Hathaway Blake #201613092 Report a problem | ||
| 6/26/2006 | Sold | $160,000+31900%$67/sqft |
Source: Public Record Report a problem | ||
| 1/25/2006 | Sold | $500-99.4% |
Source: Public Record Report a problem | ||
| 2/2/1999 | Sold | $83,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $177,000 |
| 2024 | -- | $177,000 +35.1% |
| 2023 | -- | $131,000 |
| 2022 | -- | $131,000 |
| 2021 | -- | $131,000 |
| 2020 | -- | $131,000 |
| 2019 | -- | $131,000 |
| 2018 | -- | $131,000 |
| 2017 | $4,880 -1.5% | $131,000 |
| 2016 | $4,955 | $131,000 -3% |
| 2015 | -- | $135,000 |
| 2014 | -- | $135,000 |
| 2013 | -- | $135,000 |
| 2012 | -- | $135,000 |
| 2011 | -- | $135,000 |
| 2010 | -- | $135,000 -15.6% |
| 2009 | -- | $160,000 |
| 2008 | -- | $160,000 |
| 2007 | -- | $160,000 +101.3% |
| 2006 | -- | $79,500 |
| 2005 | -- | $79,500 |
| 2004 | -- | $79,500 |
| 2003 | -- | $79,500 +4.3% |
| 2002 | -- | $76,200 |
| 2001 | -- | $76,200 |
| 2000 | -- | $76,200 |
Find assessor info on the county website
Neighborhood: Mansion Area
Nearby schools
GreatSchools rating
- 2/10Giffen Memorial Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Stephen And Harriet Myers Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12202
- Mansion Area
- 116 Philip Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
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