538 Myrtle Avenue, Albany, NY 12208 (MLS# 202526539)

$410,000
538 Myrtle Avenue
Albany, NY 12208
MLS# 202526539
Status: Closed
5 beds
20230120163458217921000000-o
  1 / 48  
20230120163458217921000000-o 20230120163450974502000000-o 20230120163436862448000000-o 20230120163443660658000000-o 20230120163423417679000000-o 20230120163430305625000000-o 20230120161908532493000000-o 20230120162758763069000000-o 20230120162805383872000000-o 20230120162812244214000000-o 20230120162818772889000000-o 20230120162826088255000000-o 20230120162833059539000000-o 20230120162841082650000000-o 20230120162848603724000000-o 20230120162854828653000000-o 20230120162908172355000000-o 20230120162915010859000000-o 20230120162921894766000000-o 20230120162928620639000000-o 20230120162935169511000000-o 20230120162947920124000000-o 20230120162954602481000000-o 20230120163100549178000000-o 20230120163107749654000000-o 20230120163114525025000000-o 20230120163121379839000000-o 20230120163127826355000000-o 20230120163134444163000000-o 20230120163146000195000000-o 20230120163209964815000000-o 20230120163140122120000000-o 20230120163222332087000000-o 20230120163229225626000000-o 20230120163236379351000000-o 20230120163249899856000000-o 20230519154442846992000000-o 20230519154445159621000000-o 20230519154447002244000000-o 20230519154449186343000000-o 20230519154451177880000000-o 20230519154452358817000000-o 20230519154452958741000000-o 20230120163046795472000000-o 20230120163519557730000000-o 20230120163512246728000000-o 20230120163002187570000000-o 20230120163010204079000000-o

Property Description
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 rare 9% cap rate with upside potential to 10%+, making it an excellent choice for investors seeking both cash flow and growth.

Details
Maps
Documents
Contract Information
Original List Price: 459900
List Price/SqFt: 191.79
Status: Closed
Property Sub Type: Multi Family
Sold Price: $410,000
Current Price: $410,000
Listing Contract Date: 2025-09-24
Location
City/Town (Mail): Albany
Street Number: 538
Street Name: Myrtle
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.656412
Geo Lon: -73.779895
Property Detail
Number Of Units Total: 5
Rooms Total: 20
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2216
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2216
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 5
Bathrooms Full: 5
Year Built: 1930
Status Change Info
Sold Price/SqFt: 185.02
Status Change Date: 2026-05-15
Under Contract Date: 2026-03-26
Sold Date: 2026-04-23
Sold Price: $410,000
Parcel, Tax, HOA
Parcel Number: 010100 65.77-2-48
Tax Annual Amount: 8881.6
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Turn left onto Partridge St. Turn left onto Myrtle Ave. Continue to 538 Myrtle Ave, which will be on the right.
Public Remarks: 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 rare 9% cap rate with upside potential to 10%+, making it an excellent choice for investors seeking both cash flow and growth.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Attic Features
Finished: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Construction Materials
Stucco: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Hardwood: 1
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Natural Gas: 1
Radiant: 1
Separate Utilities
Not Separated: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3rd
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Finished
Basement: Full
Construction Materials: Stucco
Cooling: None
Exterior Features: None
Flooring: Carpet; Hardwood
Foundation Details: Concrete Perimeter
Heating: Natural Gas; Radiant
Possession: At Closing
Roof: Asphalt
Separate Utilities: Not Separated
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
IDX
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
Source MLS Verified

Information deemed reliable but not guaranteed.

Search powered by FBS Products