Price $550,000
Status Active
Beds 9
Baths 5 Baths
Home size 6,377 sqft
Lot Size 28,750 sqft
Days on Market 2
A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations.
Property Type(s): Multi Family
Last Updated 9/8/2026 Year Built 1880
County Albany

SCHOOLS

High School Albany

Additional Details

AIR None
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Vinyl Siding
FIREPLACE Yes
HEAT Hot Water, Natural Gas
INTERIOR High Speed Internet, Other
LOT 0.66 acre(s)
LOT DESCRIPTION Cleared
LOT DIMENSIONS 0.66
PARKING None, No Garage
SEWER Public Sewer
STYLE Other
TAXES 14183.22
UTILITIES Sewer Connected
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for John Finelli to contact you even if your name is on a Federal or State "Do not call List".

This listing courtesy of Monticello
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend