318 Quail Street Albany, NY ^$ 345,000

318 Quail Street

^$ 345,000

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318 Quail Street

Albany, NY, 12208

^$ 345,000

Bedrooms6 Baths4.0 Sq 4,587

Monthly Estimate*

^$ 2,293

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Multi-Family Home for sale in Albany, NY

for $345,000 with 6 bedrooms and 4 full baths. This 4,587 square foot home was built in 1900 on a lot size of 0.06.

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.

Multi-Family Active

Price

^$ 345,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,700

Style

Traditional

Lot Size

0.06

Year Built

1900

Town/City

Albany

County/Region

Albany

MLS | Web ID

202414604

Features

General

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 N

Property Type MultiFamily

HOA / Comm Assn N

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

High School Albany

City Albany

Buyer Agent Compensation 2.00

View Y/N N

High School District Albany

Lot Size Square Feet 2613.6

Waterfront Y/N N

Carport Y/N N

Street Name Quail

Land Lease Y/N N

Tax Annual Amount 7700.41

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/318-Quail-St-Albany-Ny-12208--HPI32864937

Days on Market 56

Standard Status Active

Tax Assessed Value 0

Tax Lot 4.000

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 4587.0

Full Baths 4

Half Baths 0

Street Suffix Street

Total Bedrooms 6

Electric On Property Y/N N

Above Grade Finished Area Source CRS

Total Baths 4

Exterior

Water Source Public

Total Parking 1.0

Lot Size Area 0.06

Spa N

Lot Size Acres 0.06

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 318

* Excluded Features

List By

Samantha Curry

Listing Agent

New Scotland Realty

Broker

(603) 209-1976

Phone

Samantha@newscotlanddev.com

Affordability Calculator

$2,935

Per Month

Monthly Principal & Interest: $2,293
Monthly Property Taxes: $642
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albany, NY

Average List Price ^$413,411

Percent of Sale Price 20%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853463 Elementary School

853351 Middle School

Albany High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/24/2024	$345,000	-2.82%	Price Down
4/25/2024	$355,000	-2.74%	Price Down
4/4/2024	$365,000		Listed Price

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318 Quail Street, Albany, NY, 12208 is a Multi-Family Home for sale at $345,000 with 4,587 sqft and a lot size of 0.06. 318 Quail Street has 6 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 12208 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 5/31/2024.

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318 Quail Street

Multi-Family Home for sale in Albany, NY

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