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Listed by Nirisa Adams • Monticello

$ 399,900

Est. payment | -/mo

8 Beds

4 Baths

4,584 SqFt

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$ 399,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

4,584 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $87

MLS Listing ID 202623231

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1962

Annual Tax Amount $10,490

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Quadruplex

Source Global MLS

Property Description

Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike.
Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

Location

State NY

County Albany

Direction Western Ave in Pine Hills to S. Pine Ave.

Interior

Interior Features High Speed Internet

Heating Hot Water, Natural Gas

Flooring Hardwood, Linoleum

Fireplace No

Exterior

Parking Features None

Porch Rear Porch, Enclosed, Front Porch

Porch Rear Porch,Enclosed,Front Porch

Building

Lot Description Landscaped

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Albany

Others

Tax ID 010100 64.58-2-44

Special Listing Condition Corporate Owned

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NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

101 S Pine Avenue Albany, NY 12208