101 S Pine Avenue Albany, NY 12208
8 Beds
4 Baths
4,584 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,584 sqft
Price per Sqft $87
MLS Listing ID 202623231
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1962
Annual Tax Amount $10,490
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Quadruplex
Source Global MLS
Property Description
Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike.
Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.
Location
State NY
County Albany
Direction Western Ave in Pine Hills to S. Pine Ave.
Interior
Interior Features High Speed Internet
Heating Hot Water, Natural Gas
Flooring Hardwood, Linoleum
Fireplace No
Exterior
Parking Features None
Porch Rear Porch, Enclosed, Front Porch
Building
Lot Description Landscaped
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Albany
Others
Tax ID 010100 64.58-2-44
Special Listing Condition Corporate Owned
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