145 Quail Street, NY 12206

$375,000
12
BD
2
BA
2,184
SqFt

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List Price
$375,000
MLS#
202528827
Style
Apartment 4 Plus Unit
Bedrooms
12
Bathrooms
2
Subdivision
Downtown Albany

Property Description

Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.

Additional Information

Taxes
$8,050
Acres
0.05
Lot Dimensions
24x87
Lot Description
Level
School District
Albany
Interior Features
High Speed Internet
Heating
Baseboard, Hot Water
Cooling
None
Exterior Features
None
Construction
Vinyl Siding
Roof
Rubber
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Michael R Garvin with eXp Realty Brokerage, 518-888-2313.

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