302-304 Quail Street, Albany, NY 12208
- 12 beds |
- 8 baths |
- 6,108 sqft
Multi-Family Home 
Built in 1919 
6,098sqft lot
2 car garage 
$163/sqft 
Listed 2 days ago
Property Description
Net Operating Income of $75,000 at a 7.5% Capitalization 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). In 2025, the owner/manager's room—also ideal as a 3rd bedroom for Apartment 8—was renovated 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 : 1 518-439-9600
- Listing Agent:
- Brian J Ward : 518-229-7355
- MLS ID:
- 202521392
- Basement: Full
- Flooring: WoodHardwood
- A/C: Window Unit(s)
- Heating: BaseboardHot Water
This listing courtesy of Brian J Ward, Coldwell Banker Prime Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
New Scotland Elementary School
385 New Scotland Ave, Albany, NY, 12208
Grades PK-5
0.59 miles away
William S. Hackett Middle School
45 Delaware Ave, Albany, NY, 12202
Grades 6-8
0.79 miles away
Albany High School
700 Washington Ave, Albany, NY, 12203
Grades 9-12
0.63 miles away