Attention Investors! Seize this turnkey investment opportunity in Albany's thriving Pine Hills neighborhood. This fully renovated triplex at 221 Myrtle Ave combines modern upgrades with a prime location, delivering strong rental potential with an estimated gross annual rent roll of $56,400. Perfect for investors or owner-occupants seeking rental income in a high-demand market.
Situated in the heart of Pine Hills and minutes from Albany Medical Center, SUNY Albany, and downtown Albany's vibrant Lark Street. Residents enjoy proximity to local gems including restaurants, shopping and entertainment.
Pending
$299,000
221 Myrtle Avenue, Albany, NY 12202
7beds
2,340sqft
Triplex, Multi Family
Built in 1940
-- sqft lot
$303,100 Zestimate®
$128/sqft
$-- HOA
What's special
Modern upgradesFully renovated triplex
- 14 days
- on Zillow |
- 1,078 |
- 73 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 05:49am
Listing by:
Laviano & Associates Real Estate Group 518-599-0439,
Nedim Alivodic 518-577-4034
Source: Global MLS,MLS#: 202522678

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Hot Water, Space Heater, Natural Gas
Cooling
- None
Features
- Ceramic Tile Bath
- Flooring: Vinyl, Ceramic Tile, Hardwood
- Basement: Full
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
- Finished area above ground: 2,340
- Finished area below ground: 0
Property
Features
- Patio & porch: Rear Porch
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: 010100 76.31429
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Other
Condition
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $128/sqft
- Tax assessed value: $293,000
- Annual tax amount: $8,482
- Date on market: 7/29/2025
- Tenant pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas
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