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Listed by Nirisa Adams • Monticello

$ 379,900

Est. payment -/mo

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Pending

341 New Scotland Avenue Albany, NY 12208

5 Beds

4 Baths

4,700 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,700 sqft

Price per Sqft $80

MLS Listing ID 202626161

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1930

Annual Tax Amount $8,301

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Quadruplex

Source Global MLS

Property Description

LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants, shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after.
The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water.
Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal.

***Multiple offers- Best and final due on Friday, September 25, 10 AM***

Location

State NY

County Albany

Direction Corner of New Scotland and Norwood

Interior

Interior Features Solid Surface Counters, High Speed Internet

Heating Other, Natural Gas

Flooring Vinyl, Ceramic Tile, Hardwood

Exterior

Exterior Feature None

Garage Spaces 2.0

Roof Type Asphalt

Porch Front Porch

Building

Lot Description Level, Cleared

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Albany

Others

Tax ID 010100 75.27-2-21

Special Listing Condition Estate

Virtual Tour https://app.doaudiotours.com/unbranded?id=30510&lang=en-US

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

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

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