$375,000

Estimated payment $2,704/month

Total Views 86,024
12 Beds
2 Baths
2,184 Sq Ft
$172 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Albany High School Rated A-
  • Bathroom on Main Level
  • High Speed Internet

About This Home

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.

Listing Agent

Michael Garvin

eXp Realty License #10401343890 Listed on: 11/01/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1915

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 24x87
  • Level Lot

Home Design

  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Albany High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 010100 65.54-2-48 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,050

Year Built

Built in 1915

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Zoning: Commercial
  • Year Built: 1915
  • Directions: Located on Quail St between Washington St and Benson St. Turn left on Quail St from Washington St towards Benson St and it's the first building on the left.
  • Above Grade Finished Sq Ft: 2184.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 3317.94
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4732.06
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Lot Size: 24x87
  • Rental Income: 78516.0
  • Rental Income Description: Yearly
  • Income Description: Before Taxes
  • Number of Refrigerators: 1
  • Unit Information Number Of Stoves: 1
  • Subdivision Name: Downtown Albany
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Tile
  • Basement: Unfinished, Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 2
  • Total Bedrooms: 12
  • Living Area: 2184.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.54-2-48 01
  • Lot Size Sq Ft: 2178.0

Tax Info

  • Tax Annual Amount: 8050.0

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,050 $230,000 $13,000 $217,000
2024 $8,050 $230,000 $13,000 $217,000
2023 $5,939 $120,000 $9,200 $110,800
2022 $6,076 $120,000 $9,200 $110,800
2021 $5,935 $120,000 $9,200 $110,800
2020 $5,775 $120,000 $9,200 $110,800
2019 $4,724 $120,000 $9,200 $110,800
2018 $5,489 $120,000 $9,200 $110,800
2017 $2,134 $120,000 $9,200 $110,800
2016 $5,679 $120,000 $9,200 $110,800
2015 $3,272 $67,100 $4,400 $62,700
2014 -- $67,100 $4,400 $62,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2025 11/01/25 For Sale $375,000 +70.5% $172 / Sq Ft
07/07/2022 07/07/22 Sold $220,000 -2.2% $101 / Sq Ft View Prior Sale
02/02/2022 02/02/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $224,900 -- $103 / Sq Ft
Source: Global MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $220,000 None Listed On Document
Warranty Deed $155,000 None Available
Warranty Deed $85,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $31,000 Commercial
Source: Public Records

Source: Global MLS

MLS Number: 202528827

Global MLS

APN: 010100-065-054-0002-048-000-0000

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