116 Philip St Albany, NY 12202
Mansion Area NeighborhoodEstimated payment $2,351/month
Total Views
2,393
6
Beds
3
Baths
2,394
Sq Ft
$146
Price per Sq Ft
Highlights
- Wood Flooring
- Rear Porch
- Electric Baseboard Heater
- No HOA
- Garden
- 2-minute walk to Philip Street Park
About This Home
**OPEN HOUSE: SAT 4/26 11-1PM** MULTIPLE OFFER DEADLINE: SUN 4/27 2PMGreat 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.
Open House Schedule
-
Saturday, April 26, 202511:00 am to 1:00 pm4/26/2025 11:00:00 AM +00:004/26/2025 1:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,786
Year Built
- Built in 1867
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 21.3x103.8
- Back Yard Fenced
- Garden
Home Design
- Triplex
- Garden Home
- Garden Apartment
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 2,394 Sq Ft Home
- 3-Story Property
- Laundry on upper level
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rear Porch
Schools
- Albany High School
Utilities
- No Cooling
- Heat Pump System
- Electric Baseboard Heater
Listing and Financial Details
- Legal Lot and Block 65.000 / 1
- Assessor Parcel Number 010100 76.57-1-65
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,434 | $177,000 | $35,400 | $141,600 |
| 2023 | $5,434 | $131,000 | $26,200 | $104,800 |
| 2022 | $5,319 | $131,000 | $26,200 | $104,800 |
| 2021 | $5,308 | $131,000 | $26,200 | $104,800 |
| 2020 | $4,970 | $131,000 | $26,200 | $104,800 |
| 2019 | $5,157 | $131,000 | $26,200 | $104,800 |
| 2018 | $4,982 | $131,000 | $26,200 | $104,800 |
| 2017 | $1,902 | $131,000 | $26,200 | $104,800 |
| 2016 | $4,832 | $131,000 | $26,200 | $104,800 |
| 2015 | $4,955 | $135,000 | $32,000 | $103,000 |
| 2014 | -- | $135,000 | $32,000 | $103,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | For Sale | $349,900 | +22.6% | $146 / Sq Ft |
| 12/02/2022 12/02/22 | Sold | $285,498 | +2.0% | $119 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 10/19/2022 10/19/22 | For Sale | $279,900 | +37.5% | $117 / Sq Ft |
| 10/06/2016 10/06/16 | Sold | $203,500 | -2.6% | $85 / Sq Ft |
| 07/19/2016 07/19/16 | Pending | -- | -- | -- |
| 06/24/2016 06/24/16 | For Sale | $209,000 | -- | $87 / Sq Ft |
Source: Global MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,000 | Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Deed | $160,000 | William M Harris | |
| Deed | $160,000 | None Available | |
| Deed | -- | -- | |
| Bargain Sale Deed | -- | None Available | |
| Deed | $500 | -- | |
| Deed | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $214,124 | New Conventional | |
| Closed | $199,323 | FHA |
Source: Public Records
Similar Homes in Albany, NY
Source: Global MLS
MLS Number: 202515599
APN: 010100-076-057-0001-065-000-0000
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