$379,900
Albany, NY 12208
MLS# 202626161
5 beds
1 / 30
Property Description
LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants, shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after. The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water. Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal.
Details
Maps
Contract Information
Status: Active
Property Sub Type: Quadruplex
Original List Price: 379900
List Price: $379,900
Current Price: $379,900
Listing Contract Date: 2026-09-15
List Price/SqFt: 80.83
Location
Street Number: 341
Street Name: New Scotland
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
City/Town (Mail): Albany
Geo Lat: 42.653641
Geo Lon: -73.791066
Property Detail
Rooms Total: 14
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1930
Garage Spaces: 2
Above Grade Finished Area: 4700
Above Grade Finished Area Source: Appraiser
Below Grade Finished Area Source: Appraiser
Living Area: 4700
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 45600
Rental Income Description: Actual
Parking Features
Parking Total: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1 Front
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1000
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Actual
Total Bedrooms: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1 Rear
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 900
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 900
Rent Description Unit 2: Actual
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2 Front
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 1000
Rent Description Unit 3: Actual
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2 Rear
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 900
Rent Description Unit 4: Actual
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Status Change Info
Status Change Date: 2026-09-15
Property Features
Architectural Style: Traditional
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: None
Flooring: Ceramic Tile; Hardwood; Vinyl
Heating: Natural Gas; Other
Interior Features: High Speed Internet; Solid Surface Counters
Laundry Features: Common Area; In Basement
Lot Features: Cleared; Level
Owner Pays: Heat; Hot Water; Sewer; Water
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Other
Special Listing Conditions: Estate
Tenant Pays: Electricity; Garage Fees; Gas; Internet; Other
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Heat; Hot Water
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Garage
Unit 2 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Range; Refrigerator
Unit 3 Owner Furnish Features: Heat; Hot Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Range; Refrigerator
Unit 4 Owner Furnish Features: Heat; Hot Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Dining Room Type: Combined DR/LR
Unit 4 Appliances: Range; Refrigerator
Listing Courtesy of Monticello
Listing Agent: Nirisa Adams
518-526-3440 | nirisa.adams@gmail.com
518-526-3440 | nirisa.adams@gmail.com
