$1,349,000

Estimated payment $8,258/month

Total Views 2,041
9 Beds
5 Baths
4,424 Sq Ft
$305 Price per Sq Ft

Highlights

  • Deck
  • Finished Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

Dual property portfolio (287 Myrtle Ave MLS #
202523744) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income. Updated/remodeled units & minimal expenses make for attractive assets to any beginner and/or seasoned investor. Coin-operated laundry in basement. Nice quiet streets with sidewalks. Excellent Long-term tenants. Turn-key.

Listing Agent

Colin McDonald

McDonald Real Estate Comp LLC License #10491210476 Listed on: 08/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,898

Year Built

  • Built in 1929

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Landscaped
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 4,424 Sq Ft Home
  • Built-In Features
  • Paddle Fans
  • Finished Attic
  • Property Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Albany High School

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 45.000 / 1
  • Assessor Parcel Number 010100 75.76-1-45
  • Seller Concessions Offered

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $2,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,898

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Zoning: Commercial
  • Year Built: 1929
  • Directions: McCarty Ave to Sparkill Ave. Property is located on the corner.
  • Above Grade Finished Sq Ft: 4424.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 4217.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 6681.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.14
  • Lot Size: 60 x 100
  • Parking Features Parking Total: 3.0
  • Gas Expense Description: Actual
  • Insurance Expense Description: Actual
  • Miscellaneous Expense Description: Actual
  • Rental Income: 5017.0
  • Rental Income Description: Actual
  • Unit Information Number Of Dryers: 1
  • Unit Information Number Of Washers: 1
  • Percent Basement Finished: Yes
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Levels Bi-Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Apartment, Finished, Full, Interior Entry, Unfinished
  • Interior Amenities: Paddle Fan, Built-in Features
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Living Area: 4424.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: Basement
  • Interior Features:Paddle Fan: Yes
  • Full Basement: Yes
  • Attic Features:Finished2: Yes
  • Attic Features:Hatch: Yes
  • Basement:Interior Entry: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2400.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Lot Features: Level, Landscaped, Views, Cleared, Corner Lot, Irregular Lot
  • Parcel #: 010100 75.76-1-45
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Insurance Expense: 2862.0
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 10898.0
  • Tax Block: 1
  • Tax Lot: 45.000
  • Tax Tract: 75.76

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $1,349,000 -- $305 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202523736

Global MLS