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Listed by Imam Hussain • NAI Platform LLC
$ 539,000
Est. payment /mo
New
23 McAlpin Street Albany, NY 12209
6 Beds
4 Baths
3,225 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,225 sqft
Price per Sqft $167
MLS Listing ID 202524779
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1980
Annual Tax Amount $8,643
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Quadruplex
Source Global MLS
Property Description
Prime Investment Opportunity - 4-Unit Multi-Family Building
Location: Heart of Albany, NY
Year Built: 1980
Property Type: 4-Family Brick Building
Property Overview:
Exceptional investment opportunity featuring a meticulously maintained 4-unit brick building in Albany's desirable central location. This three-story property with full unfinished basement offers outstanding income potential with fully occupied, quality tenants in place.
Unit Configuration
Upper 2 Floors (2 Units):
Two exceptionally spacious 2-bedroom apartments
Oversized living rooms perfect for entertaining
Dedicated formal dining rooms
Flexible floor plans with potential for easy conversion to 3-bedroom units
First Floor (2 Units):
Two comfortable 1-bedroom apartments
Ideal for young professionals or couples
Premium Features & Recent Updates
Recent Renovations (Within 2 Years):
All four kitchens completely updated with granite countertops
Modern appliances throughout
All four bathrooms beautifully renovated
Character & Quality:
Original hardwood floors in excellent condition throughout all units
Solid brick construction ensuring durability and low maintenance
Full unfinished basement providing expansion potential
Investment Highlights
Fully Occupied with established, reliable tenants
Consistent rental income stream
Secure additional storage in basement for both tenants and owner
Prime Albany location with strong rental demand
Well-maintained property requiring minimal immediate investment
Additional Storage
Basement features secure storage areas providing added value for tenants while offering convenient storage solutions for property management needs.
This turnkey investment property combines historic charm with modern updates, making it an ideal addition to any real estate portfolio.
Listing agent is a part owner.
Location: Heart of Albany, NY
Year Built: 1980
Property Type: 4-Family Brick Building
Property Overview:
Exceptional investment opportunity featuring a meticulously maintained 4-unit brick building in Albany's desirable central location. This three-story property with full unfinished basement offers outstanding income potential with fully occupied, quality tenants in place.
Unit Configuration
Upper 2 Floors (2 Units):
Two exceptionally spacious 2-bedroom apartments
Oversized living rooms perfect for entertaining
Dedicated formal dining rooms
Flexible floor plans with potential for easy conversion to 3-bedroom units
First Floor (2 Units):
Two comfortable 1-bedroom apartments
Ideal for young professionals or couples
Premium Features & Recent Updates
Recent Renovations (Within 2 Years):
All four kitchens completely updated with granite countertops
Modern appliances throughout
All four bathrooms beautifully renovated
Character & Quality:
Original hardwood floors in excellent condition throughout all units
Solid brick construction ensuring durability and low maintenance
Full unfinished basement providing expansion potential
Investment Highlights
Fully Occupied with established, reliable tenants
Consistent rental income stream
Secure additional storage in basement for both tenants and owner
Prime Albany location with strong rental demand
Well-maintained property requiring minimal immediate investment
Additional Storage
Basement features secure storage areas providing added value for tenants while offering convenient storage solutions for property management needs.
This turnkey investment property combines historic charm with modern updates, making it an ideal addition to any real estate portfolio.
Listing agent is a part owner.
Location
State NY
County Albany
Direction Off Delaware Ave
Interior
Heating Baseboard, Hot Water, Radiant, Natural Gas
Flooring Tile, Hardwood
Exterior
Exterior Feature Other
Parking Features Off Street, Driveway
Roof Type Shingle
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional, Other
Schools
School District Albany
Others
Tax ID 75.75-3-12.2
Special Listing Condition Other
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