Price Reduction
Address
318 Quail Street, Albany, NY
Price
$ 355,000
Property Attributes
- MLS#202414604
- TypeMulti-Family
- CountyALBANY
- CityAlbany
- AreaAlbany
- Zip12208
- StyleTraditional
- Year Built1900
- Taxes$ 7700
- Price$ 355,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4587
- Lot Size2,614 SqFt
Data Source:
Global MLS (GCAR)
Property Description
Great chance to acquire a brick 4-unit multifamily in Albany's coveted Pine Hills neighborhood. Symmetrical floor plans feature 1BD/1BA units upfront and 2BD/1BA units at the rear. Rents below market value offer substantial upside potential. With a potential 9.27% cap rate, it's a rare find in today's market. Only showing the first floor units as model units, any offers can be written contingent on seeing the whole building.
| High School |
|---|
| Albany High School |
| Price History | |
|---|---|
| 4/4/2024 | Listed $365,000 |
| 4/25/2024 | 3% - $355,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiant |
| Possession | At Closing |
| Exterior Features | None |
| Zoning | Multi Residence |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Porch |
| Architectural Style | Traditional |
| Construction Materials | Brick |
| Year Built | 1900 |
| Property SubType | Quadruplex |
| County | Albany |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Head south on I-787 S and take exit 2 for Madison Ave/US-20. Keep left at the fork,merging onto Madison Ave. Drive straight for about 1.5 miles,then turn right onto Ontario St. After 0.2 miles,turn l |
| ModificationTimestamp | 2024-04-25T17:11:28Z |
| High School | Albany |
| City | Albany |
| Buyer Agent Compensation | 2.00 |
| View Y/N | No |
| High School District | Albany |
| Lot Size Square Feet | 2613.6 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Quail |
| Land Lease Y/N | No |
| Tax Annual Amount | 7700.41 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.hommati.com/3DTour-AerialVideo/unbranded/318-Quail-St-Albany-Ny-12208--HPI32864937 |
| Days on Market | 37 |
| Standard Status | Active |
| Tax Lot | 4.000 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Albany |
Interior Features
| Basement | Full |
|---|---|
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Above Grade Finished Area | 4587.0 |
| Full Baths | 4 |
| Street Suffix | Street |
| Total Bedrooms | 6 |
| Electric On Property Y/N | No |
| Above Grade Finished Area Source | CRS |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 1.0 |
| Lot Size Area | 0.06 |
| Spa | No |
| Lot Size Acres | 0.06 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | Yes |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 12208
Price
Taxes
Visits
Year Built
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