Fully renovated and presents a turnkey multifamily investment with immediate lease-up potential in one of Albany's most durable rental submarkets.
RENOVATIONS & CAPEX IMPROVEMENTS:
New LVP flooring throughout
Fully updated bathrooms with marble-look porcelain tile & rainfall fixtures
New windows and doors
Updated exterior siding
Recessed lighting + modern finishes
Updated Electrical and Plumbing
Newer roof
True Turnkey Asset -- No renovation risk or CapEx pipeline
3BR Units
Rare Amenity Combo: Onsite Parking + in unit laundry
Delivered Vacant -- Control tenant selection + maximize rents immediately
Proven Submarket -- Stable occupancy with diverse renter base
Situated in Pine Hills, one of Albany's most established rental markets:
Minutes to University at Albany
Strong access to healthcare, education, and state employment hubs
Consistent demand from students, professionals, and workforce tenants
Projected CAP Rate: >10% (Pro Forma)
Agent is the Owner
Property Type(s):
Multi Family
|
Last Updated
|
4/17/2026
|
Year Built
|
1900
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| AIR |
None |
| BASEMENT |
Partial, Unfinished, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
None |
| HEAT |
Baseboard, Forced Air |
| LOT |
2614 sq ft |
| LOT DIMENSIONS |
0.06 |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
6303 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of ADI Real Estate Services LLC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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