538 Myrtle Avenue, Albany, NY 12208
Local realty services provided by:CENTURY 21 North East
538 Myrtle Avenue,Albany, NY 12208
$430,000
- 5 Beds
- 5 Baths
- 2,216 sq. ft.
- Multi-family
- Active
Listed by: samantha m curry
Office: new scotland realty
MLS#:202526539
Source:Global MLS
Price summary
- Price:$430,000
- Price per sq. ft.:$194.04
About this home
Rare opportunity to own a 5-unit property in the heart of Pine Hills! Each unit is a 1-bedroom/1-bath efficiency with all utilities included, making it highly attractive to tenants. Just 1 mile from Albany Med and 1 mile from Washington Park, the location offers consistent rental demand and walkability to key amenities.
This property delivers a rare 9% cap rate with upside potential to 10%, making it an excellent choice for investors seeking both cash flow and growth.
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Home facts
- Year built:1930
- Listing ID #:202526539
- Added:81 day(s) ago
- Updated:December 15, 2025 at 03:46 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,216 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiant
Structure and exterior
- Roof:Asphalt
- Year built:1930
- Building area:2,216 sq. ft.
- Lot area:0.09 Acres
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$430,000
- Price per sq. ft.:$194.04
- Tax amount:$8,881
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