$565,000
Albany, NY 12203
MLS# 202521158
Status: Closed
7 beds

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Property Description
This beautifully maintained multifamily features hardwood floors throughout all four apartments, with rare and original wood detailing that brings warmth, charm, and lasting appeal. Each unit offers generous living space and thoughtful updates that tenants appreciate. Fully occupied with reliable tenants in place, this property generates immediate income from day one. Tenants also enjoy off-street parking and a convenient location near public transit, restaurants, and local amenities. A standout asset in a high-demand rental market—don't miss this exceptional investment opportunity! Sold as a package with 577 Western Ave. Owner is co-agent.
Details
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Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 609000
Sold Price: $565,000
Current Price: $565,000
Listing Contract Date: 2025-07-08
List Price/SqFt: 159.84
Location
Street Number: 575
Street Name: Western
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Geo Lat: 42.667666
Geo Lon: -73.794363
Property Detail
Rooms Total: 19
Bedrooms Total: 7
Bathrooms Full: 5
Year Built: 1900
Above Grade Finished Area: 3810
Above Grade Finished Area Source: Plans
Below Grade Finished Area Source: Plans
Living Area: 3810
Lot Size Acres: 0.13
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2025-11-18
Under Contract Date: 2025-10-01
Sold Date: 2025-11-18
Sold Price: $565,000
Sold Price/SqFt: 148.29
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Parking Features
Parking Total: 12
Separate Utilities
Number Of Separate Electric Meters: 5
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1F
Occupant Type MF Unit 1: Tenant
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1R
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: 2
Total Rooms MF Unit 3: 7
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 2
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Rent: 700
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Rooms Unit 1: 3
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Unit 2 Detail
Rent: 1300
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Rooms Unit 2: 4
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 3 Detail
Rent: 1400
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 7
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 2
Full Baths 2nd Floor: 2
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Unit 4 Detail
Rent: 1200
Rent Description Unit 4: Actual
Lease Term Unit 4: 12 Months
Occupant Type Unit 4: Tenant
Total Rooms Unit 4: 5
Total Bedrooms: 2
Bedrooms on 3rd Floor: 2
Total Full Baths: 1
Full Baths 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Property Features
Architectural Style: Traditional
Basement: Full; Sump Pump; Unfinished; Walk-Out Access
Construction Materials: Stone; Stucco
Exterior Features: None
Flooring: Hardwood
Heating: Natural Gas
Laundry Features: In Basement
Parking Features: Driveway; Off Street; Paved
Possession: At Closing; Rental Agreement
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Listing Courtesy of Empire Real Estate Firm LLC
Listing Agent: Marshall Morgan
518-469-9620 | marshallmorganresp@gmail.com
518-469-9620 | marshallmorganresp@gmail.com


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