$525,000
Albany, NY 12208
MLS# 202529445
Status: Closed
5 beds

1 / 10
Property Description
Proudly Family Owned since 1982 & nestled in the heart of Albany, 113 S Lake Avenue is a well maintained four unit property offering 'Old Charm' & excellent long term investment potential. The spacious first floor apartment features 2 bedrooms & 1 1/2 baths ideal for an owner occupant or a premium rental. The upper levels include 3 additional one bedroom, one bathroom apartments, each thoughtfully maintained & consistently rented. Tenants pay their own heat & electric keeping operating costs low & management simple. Outside, a freshly paced driveway & parking lot provide exclusive off street parking for 8+ vehicles, a rare find for this desirable location. Conveniently situated near major hospitals, medical colleges & city amenities, this property attracts steady demand & thus, boasts a long track record of reliable tenants & consistent income. Call now!
Details
Maps
Documents
Contract Information
Original List Price: 549000
List Price/SqFt: 210.51
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $525,000
Current Price: $525,000
Listing Contract Date: 2025-11-10
Location
City/Town (Mail): Albany
Cross Street: Morris
Street Number: 113
Street Direction Prefix: S
Street Name: Lake
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Subdivision: Pine Hills
Geo Lat: 42.656814
Geo Lon: -73.779174
Property Detail
Rooms Total: 15
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 2608
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2608
Lot Size Acres: 0.17
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1930
Status Change Info
Sold Price/SqFt: 201.3
Status Change Date: 2026-02-19
Under Contract Date: 2025-11-22
Sold Date: 2026-02-09
Sold Price: $525,000
Parcel, Tax, HOA
Parcel Number: 010100 65.77-2-19
Tax Annual Amount: 9662.85
Tax Section: 65.77
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 19.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: New Scotland Avenue to S Lake. Property is on your left.
Public Remarks: Proudly Family Owned since 1982 & nestled in the heart of Albany, 113 S Lake Avenue is a well maintained four unit property offering 'Old Charm' & excellent long term investment potential. The spacious first floor apartment features 2 bedrooms & 1 1/2 baths ideal for an owner occupant or a premium rental. The upper levels include 3 additional one bedroom, one bathroom apartments, each thoughtfully maintained & consistently rented. Tenants pay their own heat & electric keeping operating costs low & management simple. Outside, a freshly paced driveway & parking lot provide exclusive off street parking for 8+ vehicles, a rare find for this desirable location. Conveniently situated near major hospitals, medical colleges & city amenities, this property attracts steady demand & thus, boasts a long track record of reliable tenants & consistent income. Call now!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Attic Features
Finished: 1
Basement
Full: 1
Other: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Full Bath 4: 3rd
Half Bath 1: 1st
Construction Materials
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Special Listing Conditions
Standard: 1
Roof
Shingle: 1
Other: 1
Water Source
Public: 1
Heating
Other: 1
Parking Features
Parking Total: 4
Paved: 1
Separate Utilities
Electric: 1
Heat: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1800
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Total Half Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Flr
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1000
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd rear
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1000
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3rd Fl
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 850
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Total Bedrooms: 2
Unit 2 Detail
Total Bedrooms: 1
Unit 3 Detail
Total Bedrooms: 1
Unit 4 Detail
Total Bedrooms: 1
Property Features
Architectural Style: Traditional
Attic Features: Finished
Basement: Full; Other
Construction Materials: Wood Siding
Exterior Features: None
Heating: Other
Parking Features: Paved
Possession: At Closing
Roof: Shingle; Other
Separate Utilities: Electric; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of Miuccio Real Estate Group
Listing Agent: Robert J Bradley
518-764-2180 | Bob@miucciogroup.com
518-764-2180 | Bob@miucciogroup.com


Disclosures