341 New Scotland Avenue Albany, NY $ 379,900
341 New Scotland Avenue
$ 379,900
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341 New Scotland Avenue

Albany, NY, 12208
$ 379,900
Bedrooms5 Baths4.0 Sq 4,700

Monthly Estimate*

$ 2,624

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Multi-Family Home for sale in Albany, NY

for $379,900 with 5 bedrooms and 4 full baths. This 4,700 square foot home was built in 1930 on a lot size of 0.08.

LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants, shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after. The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water. Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal. ***Multiple offers- Best and final due on Friday, September 25, 10 AM***

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Multi-Family Pending

Price

$ 379,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,301

Style

Traditional

Lot Size

0.08

Year Built

1930

Town/City

Albany

County/Region

Albany

MLS | Web ID

202626161

Features
Interior
Interior Amenities Solid Surface Counters High Speed Internet
Basement Full Unfinished
Flooring Vinyl Ceramic Tile Hardwood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 4700.0
Half Baths 0
Laundry Features Common Area In Basement
Total Bedrooms 5
Below Grade Finished Area 0.0
Below Grade Finished Area Source Appraiser
Above Grade Finished Area Source Appraiser
Total Baths 4
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General
Sewer Public Sewer
Heating Other Natural Gas
Cooling None
Possession At Closing
Roof Asphalt
Garage Spaces 2.0
Patio/Porch Features Front Porch
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1930
Tenant Pays Other Hot Water Internet Electricity Garage Fees Gas
Property Subtype Quadruplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Full Baths 4
Status Pending
Buyer Financing Conventional
Directions Corner of New Scotland and Norwood
High School Albany
City Albany
High School District Albany
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 3484.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8301.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://app.doaudiotours.com/unbranded?id=30510&lang=en-US
Standard Status Pending
Tax Assessed Value 0
Tax Lot 21.000
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Exterior
Exterior Amenities None
Lot Features Level Cleared
Water Source Public
Total Parking 2.0
Lot Size Area 0.08
Spa N
Lot Size Acres 0.08
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 341
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* Excluded Features
List By
Nirisa Adams

Listing Agent

Monticello

Broker

(518) 526-3440

Phone

nirisa.adams@gmail.com

Email

Affordability Calculator

$3,316
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,624
Monthly Property Taxes
$692
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853463 Elementary School
853351 Middle School
Albany High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$379,900 Listed Price

Map


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341 New Scotland Avenue, Albany, NY, 12208 is a Multi-Family Home for sale at $379,900 with 4,700 sqft and a lot size of 0.08. 341 New Scotland Avenue has 5 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 12208 which is in Albany, NY