101 S Pine Avenue, NY 12208

$399,900
8
BD
4
BA
4,584
SqFt

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List Price
$399,900
MLS#
202623231
Style
Other
Bedrooms
8
Bathrooms
4
Subdivision
Select One

Property Description

Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

Additional Information

Taxes
$10,490
Acres
0.16
Lot Description
Landscaped
School District
Albany
Interior Features
High Speed Internet
Heating
Hot Water
Cooling
None
Construction
Aluminum Siding, Vinyl Siding
Parking
None
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of listing agent Nirisa Adams with Monticello Brokerage, 518-526-3440.

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