Rare opportunity to own a 5-unit property in the heart of Pine Hills! Each unit is a 1-bedroom/1-bath efficiency with all utilities included, making it highly attractive to tenants. Just 1 mile from Albany Med and 1 mile from Washington Park, the location offers consistent rental demand and walkability to key amenities.
This property delivers a rare 9% cap rate with upside potential to 10%, making it an excellent choice for investors seeking both cash flow and growth.
Property Type(s):
Multi Family
|
Last Updated
|
10/27/2025
|
Year Built
|
1930
|
|
County
|
Albany
|
SCHOOLS
Price History
|
Prior to Oct 27, '25
|
$459,900 |
| Oct 27, '25 - Today |
$439,000 |
Additional Details
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Stucco |
| EXTERIOR |
None |
| HEAT |
Natural Gas, Radiant |
| LOT |
3920 sq ft |
| LOT DIMENSIONS |
0.09 |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
8881.6 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of New Scotland Realty
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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