538 Myrtle Avenue, NY 12208

$410,000
5
BD
5
BA
2,216
SqFt

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Sold Price
$410,000
List Price
$425,000
Closing Date
Apr 23, 2026
MLS#
202526539
Style
Apartment 4 Plus Unit
Bedrooms
5
Bathrooms
5
Subdivision
Select One

Property Description

Rare opportunity to own a 5-unit property in the heart of Pine Hills! Each unit is a 1-bedroom/1-bath efficiency with all utilities included, making it highly attractive to tenants. Just 1 mile from Albany Med and 1 mile from Washington Park, the location offers consistent rental demand and walkability to key amenities. This property delivers a rare 9% cap rate with upside potential to 10%+, making it an excellent choice for investors seeking both cash flow and growth.

Additional Information

Taxes
$8,881
Acres
0.09
School District
Albany
Heating
Radiant
Cooling
None
Exterior Features
None
Construction
Stucco
Roof
Asphalt
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of listing agent Samantha M Curry with New Scotland Realty Brokerage, 603-209-1976.

Selling Office: Reiser Realty.

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