LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants,… Read More shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after.
The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water.
Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal.
***Multiple offers- Best and final due on Friday, September 25, 10 AM*** Read Less
Courtesy of Nirisa Adams (518-526-3440), Monticello.
Listing Snapshot
Days Online
20
Last Updated
Property Type
Quadruplex
Beds
5
Full Baths
4
Square Ft.
4,700
Lot Size
0.08 Acres
Year Built
1930
MLS Number
202626161
Additional Details
Basement
Full, Unfinished
Building
Built in 1930, Living area: 4700.0, Construction Materials: Vinyl Siding
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