318 Quail Street Albany NY 12208 MLS #202414604

318 Quail Street

Albany, NY, 12208

$355,000

6 Beds

4 Baths

4,587 SqFt

0.06 Acres

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.

Property Details

Price:

$355,000

MLS #:

202414604

Status:

Active

Beds:

Baths:

Address:

318 Quail Street

Type:

Single Family

Subtype:

Quadruplex

City:

Albany

Listed Date:

Apr 4, 2024

State:

Finished Sq Ft:

4,587

ZIP:

12208

Lot Size:

0 acres

Year Built:

1900

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Courtesy of New Scotland Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Global MLS. Detailed information about real estate listings held by brokerage firms other than Canaan Realty include the name of the listing broker. Neither the listing company nor Canaan Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Global MLS. All rights reserved.

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318 Quail Street

Albany, NY