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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $80
MLS Listing ID 202626161
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1930
Annual Tax Amount $8,675
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Quadruplex
Source Global MLS
Property Description
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.
Location
State NY
County Albany
Direction Corner of New Scotland and Norwood
Interior
Interior Features Solid Surface Counters, High Speed Internet
Heating Other, Natural Gas
Flooring Vinyl, Ceramic Tile, Hardwood
Exterior
Exterior Feature None
Garage Spaces 2.0
Roof Type Asphalt
Porch Front Porch
Building
Lot Description Level, Cleared
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Schools
School District Albany
Others
Tax ID 010100 75.27-2-21
Special Listing Condition Estate
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Erin Steinbach
Lic. Associate R. E. Broker License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507