101 S Pine Ave
Listing Notes
** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $225,000 to $550,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 275 W Lawrence St | $225,000 | 4 bd · 3 ba |
| 1061 Madison Ave | $239,900 | 5 bd · 2 ba |
| 29 S Pine Ave | $249,999 | 5 bd · 2 ba |
| 84 Winthrop Ave | $264,800 | — |
| 852 Myrtle Ave | $275,000 | 4 bd · 2 ba |
| 18 Oakwood St | $275,000 | 3 bd · 1 ba |
| 5 N Main Ave | $285,000 | 4 bd · 2 ba |
| 22 Fairlawn Ave | $289,900 | 3 bd · 3 ba |
| 30 Bancker St | $299,000 | 4 bd · 1 ba |
| 52 N Allen St | $299,900 | 8 bd · 3 ba |
| 21 Hawthorne Ave | $300,000 | 3 bd · 2 ba |
| 17 Winthrop Ave | $310,000 | 4 bd · 2 ba |
| 802 Myrtle Ave | $330,000 | 5 bd · 4 ba |
| 52 S Allen St | $334,000 | 4 bd · 3 ba |
| 942 Myrtle Ave | $335,900 | 3 bd · 2 ba |
| 11 Homestead Ave | $359,000 | 6 bd · 2 ba |
| 45 Brookline Ave | $399,000 | 4 bd · 2 ba |
| 640 Morris St | $399,000 | 10 bd · 3 ba |
| 884-886 Lancaster St | $437,000 | 8 bd · 2 ba |
| 850 Mercer St | $439,000 | 5 bd · 3 ba |
| 187 S Main Ave | $450,000 | 5 bd · 3 ba |
| 77 S Allen St | $484,999 | 9 bd · 3 ba |
| 431-433 W Lawrence St | $539,000 | 8 bd · 4 ba |
| 81 Brookline Ave | $550,000 | 4 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more