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318 Quail Street

Albany, NY 12208
  • $365,000
  • STATUS: Active
  • MLS #: 202414604
$365,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,587
    SQFT
  • $80
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

High School:
School District:

Description

Great chance to acquire a brick 4-unit multifamily in Albany's coveted Pine Hills neighborhood. Symmetrical floor plans feature 1BD/1BA units upfront and 2BD/1BA units at the rear. Rents below market value offer substantial upside potential. With a potential 9.27% cap rate, it's a rare find in today's market. Only showing the first floor units as model units, any offers can be written contingent on seeing the whole building.

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© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-19T14:03:13.067.
www.clear2closehomes.com/homes/149172017
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318 Quail Street Albany, NY 12208

  • Price: $365,000
  • Status: Active
  • On Site: Days
  • MLS #: 202414604
6
Beds
4
Baths
0
½ Baths
0.06
Acres
4,587
SQFT
$80
$/SQFT
1900
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Great chance to acquire a brick 4-unit multifamily in Albany's coveted Pine Hills neighborhood. Symmetrical floor plans feature 1BD/1BA units upfront and 2BD/1BA units at the rear. Rents below market value offer substantial upside potential. With a potential 9.27% cap rate, it's a rare find in today's market. Only showing the first floor units as model units, any offers can be written contingent on seeing the whole building.
Exterior Features

Architectural Style Traditional Construction Materials Brick Exterior Features None Parking Total 1 Patio And Porch Features Porch Waterfront YN No

Interior Features

Basement Full Heating Radiant Heating YN Yes

Property Features

Association YN No Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Multi Residence

Listing information © 2024 Global MLS.
Listing provided courtesy of Samantha Curry of New Scotland Realty: .



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-19T14:03:13.067.
 
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