$399,900
Albany, NY 12208
MLS# 202623231
8 beds
1 / 37
Property Description
** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.
Details
Maps
Documents
Contract Information
Original List Price: 399900
List Price/SqFt: 87.24
Status: Active
Property Sub Type: Quadruplex
List Price: $399,900
Current Price: $399,900
Listing Contract Date: 2026-08-04
Location
City/Town (Mail): Albany
Street Number: 101
Street Direction Prefix: S
Street Name: Pine
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.663938
Geo Lon: -73.796429
Property Detail
Rooms Total: 16
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4584
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 4584
Fireplaces Total: 0
Lot Size Acres: 0.16
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Full: 4
Year Built: 1962
Parcel, Tax, HOA
Parcel Number: 010100 64.58-2-44
Tax Annual Amount: 10490.29
Tax Section: 64.58
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 44.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Western Ave in Pine Hills to S. Pine Ave.
Public Remarks: ** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM**
Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike.
Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
Circuit Breakers: 1
Attic Features
None: 1
Cooling
None: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Lot Features
Landscaped: 1
Construction Materials
Aluminum Siding: 1
Vinyl Siding: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
Lighting: 1
Flooring
Hardwood: 1
Linoleum: 1
Showing Requirements
Other: 1
Special Listing Conditions
Corporate Owned: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Interior Features
High Speed Internet: 1
Laundry Features
Common Area: 1
In Basement: 1
Other: 1
Parking Features
None: 1
Patio And Porch Features
Enclosed: 1
Front Porch: 1
Rear Porch: 1
Owner Pays
Grounds Care: 1
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Separate Utilities
Electric: 1
Gas: 1
Tenant Pays
Electricity: 1
Gas: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: floor 1
Occupant Type MF Unit 1: Vacant
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Unit 1 Detail
Rent: 1150
Rent Description Unit 1: Estimated
Total Bedrooms: 2
Total Full Baths: 1
Unit 1 Appliances
Refrigerator: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Floor 1
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Unit 2 Detail
Rent: 1200
Rent Description Unit 2: Estimated
Total Bedrooms: 2
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Floor 2
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Rent: 775
Rent Description Unit 3: Actual
Total Bedrooms: 2
Unit 3 Appliances
Range: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Floor 2
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Actual
Total Bedrooms: 2
Unit 4 Appliances
Range: 1
Refrigerator: 1
Status Change Info
Status Change Date: 2026-08-04
Property Features
Architectural Style: Other
Attic Features: None
Basement: Full; Unfinished
Construction Materials: Aluminum Siding; Vinyl Siding
Cooling: None
Electric: Circuit Breakers
Exterior Features: Lighting
Flooring: Hardwood; Linoleum
Heating: Hot Water; Natural Gas
Interior Features: High Speed Internet
Laundry Features: Common Area; In Basement; Other
Lot Features: Landscaped
Other Structures: None
Owner Pays: Grounds Care; Heat; Hot Water; Sewer; Snow Removal; Trash Collection
Parking Features: None
Patio And Porch Features: Enclosed; Front Porch; Rear Porch
Possession: At Closing
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Corporate Owned
Tenant Pays: Electricity; Gas
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash
Unit 1 Appliances: Refrigerator
Unit 2 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Appliances: Range; Refrigerator
Unit 4 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Appliances: Range; Refrigerator
Disclosures 
Listing Courtesy of Monticello
Listing Agent: Nirisa Adams
518-526-3440 | nirisa.adams@gmail.com
518-526-3440 | nirisa.adams@gmail.com
