341 New Scotland Ave

Albany, NY 12208
  • $379,900

    Price
  • 5

    Bed
  • 4

    Bath
  • 4,700

    SqFt

About the Listing o2729A - 30413

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.

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 202626161
Year Built 1930
Total Square Footage 4,700
Lot/Acreage 0.08
County Albany
School District Albany
High School Albany

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor: Vinyl,Ceramic Tile,Hardwood
  • Above Ground Sq Ft: 4700
  • Below Ground Sq Ft: 0
  • Basement: Full,Unfinished
  • Other: Solid Surface Counters,High Speed Internet
  • Water: Public

Exterior Details

  • Lot Description: Level,Cleared
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $8,676
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 75.27-2-21
  • Tax Year: N/A

Payment Calculator

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341 New Scotland Ave Albany, NY 12208

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Originating MLS: Global MLS

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