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 solid 8.71% cap rate with upside potential to 9.97%, making it an excellent choice for investors seeking both cash flow and growth.
Active
$459,900
538 Myrtle Avenue, Albany, NY 12208
5beds
2,216sqft
Multi Family, Apartment
Built in 1930
-- sqft lot
$447,900 Zestimate®
$208/sqft
$-- HOA
What's special
- 14 days |
- 640 |
- 54 |
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