341 New Scotland Avenue, Albany, NY 12208 (MLS # 202626161)

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.

Last Updated	9/15/2026	Year Built	1930
Garage Spaces	2.0	County	Albany

SCHOOLS

High School	Albany

Additional Details

AIR	None
BASEMENT	Full, Unfinished, Yes
CONSTRUCTION	Vinyl Siding
EXTERIOR	None
GARAGE	Yes
HEAT	Natural Gas, Other
INTERIOR	High Speed Internet
LOT	3485 sq ft
LOT DESCRIPTION	Cleared, Level
LOT DIMENSIONS	0.08
SEWER	Public Sewer
STYLE	Traditional
TAXES	8675.7
UTILITIES	Sewer Connected
WATER	Public

Location

 

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