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Listed by Nirisa Adams • Monticello

$ 550,000

Est. payment -/mo

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Pending

141 S Allen Street Albany, NY 12208

9 Beds

5 Baths

6,377 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,377 sqft

Price per Sqft $86

MLS Listing ID 202625663

Bedrooms 9

Full Baths 5

HOA Y/N No

Year Built 1880

Annual Tax Amount $13,026

Lot Size 0.660 Acres

Acres 0.66

Property Sub-Type Multi Family

Source Global MLS

Property Description

A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade.
The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations.

*** Multiple offers- best and final offers due Wednesday, September 23 at 10AM***

Location

State NY

County Albany

Zoning Multi Residence

Direction Madison and Western Avenues meeting point, to S. Allen St. to 141 S Allen on left.

Interior

Interior Features Other, Solid Surface Counters, High Speed Internet

Heating Hot Water, Natural Gas

Flooring Vinyl, Ceramic Tile, Hardwood

Fireplaces Type Other

Fireplace Yes

Exterior

Parking Features None

Roof Type Asphalt

Porch Covered, Front Porch

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Albany

Others

Tax ID 010100 64.66-2-62

Special Listing Condition Standard, Estate

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Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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