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341 New Scotland Avenue

Albany, NY 12208

Active

$379,900

Listing by:
Nirisa Adams
Monticello
518-526-3440

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***

$379,900
5.0
Bedrooms
4
Bathrooms
4,700
Sq. Ft.
$ 81
$/Sq. Ft.
0.08
Acres
Year Built:
1930
County:
Albany
School District:
Albany
Acres:
0.08
Listing Agent:
Nirisa Adams
Listing Office:
Monticello
CONTACT A
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Features

Square Feet: 4,700
Town: Albany
Bedrooms: 5
Full Bathrooms: 4
Estimated Taxes: $8,676
Water: Public
Sewer: Public Sewer
Heat: Other, Natural Gas
Garage: 2
Property Style: Traditional
Exterior: Vinyl Siding
Exterior Features: None
Cooling: None
Parking Spaces: 2

Location



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