538 Myrtle Ave

Albany, NY 12208
  • $459,900

    Price
  • 5

    Bed
  • 5

    Bath
  • 2,216

    SqFt

About the Listing o3091A - 30735

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 solid 8.71% cap rate with upside potential to 9.97%, making it an excellent choice for investors seeking both cash flow and growth.

Listing Highlights for 538 Myrtle Ave

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 202526539
Year Built 1930
Total Square Footage 2,216
Lot/Acreage 0.09
County Albany
School District Albany
High School Albany

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiant,Natural Gas
  • Fireplaces:
  • Floor: Carpet,Hardwood
  • Above Ground Sq Ft: 2216
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $8,882
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 65.77-2-48
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

538 Myrtle Ave Albany, NY 12208

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Global MLS

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way