Active
  • Price cut: $20.9K (10/27)
    $439,000

    538 Myrtle Avenue, Albany, NY 12208

    5beds
    2,216sqft
    Multi Family, Apartment
    Built in 1930
    -- sqft lot
    $427,100 Zestimate®
    $198/sqft
    $-- HOA

    What's special

    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.
    33 days
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    947
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    57
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