$349,900

116 Philip St Albany, NY 12202

$4,155
Closing credit¹
6 beds
3 full
2,394 sqft
0.05 acres
$146 / sqft
Multi-Family

Property details

About 116 Philip St

**OPEN HOUSE: SAT 4/26 11-1PM** 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.

Highlights

Home typeTriplex
HeatingElectric, Heat Pump
StatusActive
Size2,394 sqft
BasementYes
Lot size0.05 Acres
Year built1867
ParkingOff Street, Paved, Driveway
MLS #202515599

Summary

  • MLS Number: 202515599
  • MLS Name: Global MLS
  • Office Name: KW Platform
  • Office Phone: (518) 724-5800
  • Office Email: mweiss@kw.com
  • Listing Agent: Nicholas Khachadourian

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring french doors and entry steps

$349,900

116 Philip St

$4,155

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 17, 2016
Home Sold
$203,000
Jun 26, 2006
Home Sold
$160,000

Tax history

YearAssessmentProperty Tax
2023$131,000$-
2022$131,000$5,291
2021$131,000$5,291
2020$131,000$5,291
2019$131,000$4,970
2018$131,000$4,982
2017$131,000$4,831

History based on county public records data.

Nearby schools

1

Giffen Memorial Elementary School

Public District PK-5

0.3 mi

274 S Pearl St

4

Thomas S O'Brien Academy of Science & Technology

Public Magnet PK-6

0.5 mi

94 Delaware Ave

2

Delaware Community School

Public District PK-5

1.0 mi

43 Bertha St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,158. Most Albany, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
38%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
16%
Single, with Kids
7%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • PontiacPontiac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 116 Philip St in Albany, NY and zip code 12202 in the Mansion neighborhood. This 2,394 square foot home, which was built in 1867, sits on a 0.05 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $349,900.

Albany, NY housing market in March 2025 saw over 34 listings sold above listed price, more than 14 sold at listed price and over 29 sold below. The number of listings in Albany, NY decreased by 4.9% between February and March 2025. The median list price of listings available in March 2025 was $293,260, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

More resources