4 View Avenue, Albany, NY 12209
Local realty services provided by:HUNT Real Estate ERA
4 View Avenue,Albany, NY 12209
$425,000
- 5 Beds
- 3 Baths
- 3,145 sq. ft.
- Multi-family
- Active
Listed by: l.b. morse, joseph cardinale
Office: howard hanna capital inc
MLS#:202626375
Source:Global MLS
Price summary
- Price:$425,000
- Price per sq. ft.:$135.14
About this home
With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential.
The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage.
A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property.
The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Some asbestos is present and will require appropriate evaluation and handling.
Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region....
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Home facts
- Year built:1927
- Listing ID #:202626375
- Added:12 day(s) ago
- Updated:September 30, 2026 at 03:21 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Exterior Entry, Full, Walk-Out Access
- Living area:3,145 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Year built:1927
- Building area:3,145 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
Schools
- High school:Albany
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$135.14
- Tax amount:$7,246
Parking
- Total parking spaces:2
- Parking description:Off Street
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