141 S Allen St

Albany, NY 12208
  • $550,000

    Price
  • 9

    Bed
  • 5

    Bath
  • 6,377

    SqFt

About the Listing o2729A - 30413

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.

Listing Highlights

Status Active
Days on Site 11
Property Type Multi-Family
MLS ® 202625663
Year Built 1880
Total Square Footage 6,377
Lot/Acreage 0.66
County Albany
School District Albany
High School Albany

Interior Details

  • Bedrooms: 9
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water,Natural Gas
  • Fireplaces:
  • Floor: Vinyl,Ceramic Tile,Hardwood
  • Above Ground Sq Ft: 6377
  • Below Ground Sq Ft: 0
  • Basement: Full,Unfinished
  • Other: Solid Surface Counters,High Speed Internet
  • Water: Public

Exterior Details

  • Lot Description: Cleared
  • Garage Capacity: N/A
  • Zoning: Multi Residence
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $13,026
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 64.66-2-62
  • Tax Year: N/A

Payment Calculator

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141 S Allen St Albany, NY 12208

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Originating MLS: Global MLS

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