NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.
Active
Price cut: $70K (10/14)
$925,000
302-304 Quail Street, Albany, NY 12208
12beds
6,108sqft
Multi Family, Apartment
Built in 1919
-- sqft lot
$854,400 Zestimate®
$151/sqft
$-- HOA
What's special
Private exterior entranceThree windows
- 104 days |
- 652 |
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