40-42 Ontario Street Albany, NY 12206

Other Residential MLS #: 202511090 Courtesy Of Coldwell Banker Prime Properties

$565,000

12 beds | 6 baths | 8,820 sq ft
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Est. Property Tax: $5,663
Estimated monthly payments: $2,942/mo.* (recalculate)

Property InformationDescription

Income-producing 6-unit brick building in the heart of Albany! Fully rented and generating nearly $6,000/month in gross income, this property offers a solid investment opportunity. Low-maintenance brick exterior, long-term tenants, and prime location close to amenities, public transportation, and downtown. Don't miss this turnkey cash-flowing gem!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick
  • Floor Covering: Tile, Tile - Ceramic, Vinyl
  • Heating System: Forced Air, Hot Water
  • Lot Size: 0.1 Acres

MAP & DIRECTIONS

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40-42 Ontario Street, Albany, NY 12206
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School Information

40-42 Ontario Street, Albany, NY 12206

Elementary School
Grades PK-5 | Public School
PHILIP J. SCHUYLER ACHIEVEMENT ACADEMY
Albany, NY 12206
676 Clinton Ave
518.­475.6700
Distance: 0.3 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
272
Middle School
Grades 6-8 | Public School
NORTH ALBANY MIDDLE SCHOOL
Menands, NY 12204
570 N Pearl St
518.­475.6800
Distance: 1.6 mi
School Rating
D-
Student:Teacher Ratio
9:1
Total Students
199
High School
Grades 9-12 | Public School
ALBANY HIGH SCHOOL
Albany, NY 12203
700 Washington Ave
518.­475.6200
Distance: 0.6 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
2607
Other Nearby Schools Distance Type Grades School Rating
Brighter Choice Charter School For Boys 0.4 mi Public KG-5 B
Brighter Choice Charter School For Girls 0.5 mi Public KG-5 C+
Blessed Sacrament School 0.5 mi Private PK-8
St Anne Institute 0.6 mi Private 7-12
Sheridan Preparatory Academy 0.6 mi Public PK-5 D-
Castle Island Bilingual Montessori 0.7 mi Private PK-5
Henry Johnson Charter School 0.7 mi Public KG-4 B
Lasalle School 0.7 mi Private 6-12
La Salle School 0.7 mi Private 6-12
Kipp Tech Valley Charter School 0.8 mi Public KG-8 D+
St Catherine's Center For Children R & E May School 0.8 mi Private 1-6
Edmund J O'neal Middle School Of Excellence 1.0 mi Public 6-8
Pine Hills Elementary School 1.0 mi Public PK-5 D-
Arbor Hill Elementary School 1.2 mi Public PK-5 D+
Maimonides Hebrew Day School 1.4 mi Private PK-12
William S. Hackett Middle School 1.4 mi Public 6-8 D+
New Scotland Elementary School 1.5 mi Public PK-5 C+
Neil Hellman School/northern Rivers Family Service 1.6 mi Private 3-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Albany, NY 12206

Median Age: 33.4
Married: 17%
Number of Households: 7,136
Households with Children: 31.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.