$549,900
Albany, NY 12210
MLS# 202613904
Status: Pending
5 beds
1 / 20
Property Description
Don't miss out on this beautifully renovated four-unit investment property located in downtown Albany's Capitol District. 3/4 units left vacant so new owner can place tenants and/ or occupy. Ideal for investors or owner-occupants seeking strong upside the property features classic architectural character including high ceilings, original details, and abundant natural light throughout. The buildings four units are comprised of 1 2 bedroom/ 1 bathroom & 3 1 bedroom/ 1 bathroom full floor flats providing a solid foundation for long-term rental strategy. Situated in a convenient downtown location, the property is within close proximity to N. Pearl Street's restaurants, shops & cafes, transportation, and neighborhood amenities, making it attractive for tenants and future appreciation/ resale value. Strong income-producing potential with the ability to increase rents and value through renovations and improved management. Seller is also open to subject to/ seller financing. Please, call listing agent for details.
Details
Maps
Documents
Contract Information
Original List Price: 549900
List Price/SqFt: 171.63
Status: Pending
Property Sub Type: Quadruplex
List Price: $549,900
Current Price: $549,900
Listing Contract Date: 2026-03-25
Location
City/Town (Mail): Albany
Street Number: 79
Street Name: Columbia
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.65268
Geo Lon: -73.752045
Property Detail
Rooms Total: 13
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3204
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: 3204
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1850
Status Change Info
Proposed Closing Date: 2026-07-17
Status Change Date: 2026-05-13
Under Contract Date: 2026-05-01
Parcel, Tax, HOA
Parcel Number: 76.26-3-6
Tax Annual Amount: 8858.25
Tax Section: 76.26
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 6.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Chapel Street to Columbia Street.
Public Remarks: Don't miss out on this beautifully renovated four-unit investment property located in downtown Albany's Capitol District. 3/4 units left vacant so new owner can place tenants and/ or occupy. Ideal for investors or owner-occupants seeking strong upside the property features classic architectural character including high ceilings, original details, and abundant natural light throughout. The buildings four units are comprised of 1 2 bedroom/ 1 bathroom & 3 1 bedroom/ 1 bathroom full floor flats providing a solid foundation for long-term rental strategy. Situated in a convenient downtown location, the property is within close proximity to N. Pearl Street's restaurants, shops & cafes, transportation, and neighborhood amenities, making it attractive for tenants and future appreciation/ resale value. Strong income-producing potential with the ability to increase rents and value through renovations and improved management.
Seller is also open to subject to/ seller financing. Please, call listing agent for details.
Sewer
Public Sewer: 1
Architectural Style
Townhouse: 1
Basement
Apartment: 1
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 3rd
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Other: 1
Showing Requirements
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Separate Utilities
Electric: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: G
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Total Bedrooms: 2
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Total Bedrooms: 1
Property Features
Architectural Style: Townhouse
Basement: Apartment
Construction Materials: Brick
Exterior Features: None; Other
Heating: Hot Water; Natural Gas
Possession: At Closing
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Showing Service; Sign on Property
Special Listing Conditions: Standard
Water Source: Public
Profit & Loss 
Listing Courtesy of Lincoln House Realty
Listing Agent: John Alund
518-469-6238 | johnmalund@gmail.com
518-469-6238 | johnmalund@gmail.com
