$925,000

302-304 Quail Street, Albany, NY 12208

  • 12 beds |
  • 8 baths |
  • 6,108 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1919
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $151/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.

Listing Status:
Active
Date Added:
July 10, 2025 at 05:00AM
Listing Office:
Coldwell Banker Prime Properties : 518-439-9600
Listing Agent:
Brian J Ward : 518-229-7355
MLS ID:
202521392
  • Basement: Full
  • Flooring: WoodHardwood
  • A/C: Window Unit(s)
  • Heating: BaseboardHot Water
  • General: None
  • Style: Apartment 4 Plus Unit
  • Parking: OtherDrivewayParking spaces: 4
  • General: Stucco
  • Originating MLS: Global MLS
  • School District: Albany
  • County: Albany
  • Zoning: 010100 65.77-2-69
  • Water: Public
  • Sewer: Public Sewer
  • Source: Global MLS

This listing courtesy of Brian J Ward, Coldwell Banker Prime Properties

Monthly Payment

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

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Location

Schools Nearby

N

New Scotland Elementary School

385 New Scotland Ave, Albany, NY, 12208

Grades PK-5

0.59 miles away

W

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

0.79 miles away

A

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

0.63 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.