$375,000

145 Quail Street, Albany, NY 12206

  • 12 beds |
  • 2 baths |
  • 2,184 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.

Listing Status:
Active
Date Added:
November 1, 2025 at 05:00AM
Listing Office:
eXp Realty : 888-276-0630
Listing Agent:
Michael R Garvin : 518-888-2313
MLS ID:
202528827
  • General: High Speed Internet
  • Basement: UnfinishedFull
  • Flooring: WoodTile
  • A/C: None
  • Heating: BaseboardHot Water
  • General: None
  • Style: Apartment 4 Plus Unit
  • Parking: None
  • Roofing: Rubber
  • General: Vinyl Siding
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: Commercial010100 65.54-2-48 01
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Michael R Garvin, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Philip J. Schuyler Achievement Academy

676 Clinton Ave, Albany, NY, 12206

Grades PK-5

0.44 miles away

E

Edmund J O'Neal Middle School of Excellence

50 Lark St, Albany, NY, 12210

Grades 6-8

0.93 miles away

A

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.