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Listed by Imam Hussain • NAI Platform LLC

$ 539,000

Est. payment -/mo

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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

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

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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