$176,618
Cohoes, NY 12047
MLS# 202018942
Status: Closed
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Property Description
Investors take note! 16% cap rate in this well maintained easily rented 3 family Cohoes property conveniently located 1 minute off 787. A money maker! FF tenant long term always on time. Tenants pay their own utilities. Brand new HW heater, new stove 2nd floor, new BR floors, professionally cleaned units ready to move in! W & D hookups. Charmingly maintained outdoor space for tenants use. NOI $29,200. A great income generator!
Details
Maps
Contract Information
Original List Price: 182000
List Price/SqFt: 57.02
Status: Closed
Property Sub Type: Multi Family
Sold Price: $176,618
Current Price: $176,618
Listing Contract Date: 2020-06-03
Location
City/Town (Mail): Cohoes
Street Number: 114
Street Name: CONGRESS
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12047
Geo Lat: 42.768918
Geo Lon: -73.701657
Property Detail
Number Of Units Total: 3
Garage Spaces: 0
Above Grade Finished Area: 3192
Above Grade Finished Area Source: Public Records
Living Area: 3192
Lot Size Dimensions: .04
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1900
Status Change Info
Sold Price/SqFt: 55.33
Status Change Date: 2020-08-27
Under Contract Date: 2020-07-11
Sold Date: 2020-08-21
Sold Price: $176,618
Parcel, Tax, HOA
Parcel Number: 010300 10.75-2-12
Tax Annual Amount: 2983
Tax Section: 10.75
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 12
School District: Cohoes
Association Y/N: No
Directions & Remarks
Directions: 787 to Columbia Street, Left onto Congress Street. Property on Left.
Public Remarks: Investors take note! 16% cap rate in this well maintained easily rented 3 family Cohoes property conveniently located 1 minute off 787. A money maker! FF tenant long term always on time. Tenants pay their own utilities. Brand new HW heater, new stove 2nd floor, new BR floors, professionally cleaned units ready to move in! W & D hookups. Charmingly maintained outdoor space for tenants use. NOI $29,200. A great income generator!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
See Remarks: 1
Financial Details
School Taxes: 1266
School Taxes Description: Actual
Cooling
None: 1
Basement
Full: 1
Construction Materials
Shingle Siding: 1
Vinyl Siding: 1
Showing Requirements
Lockbox: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Water Source
Public: 1
Heating
Natural Gas: 1
Zoned: 1
Income And Expenses
Insurance Expense: 1581
Insurance Expense Description: Actual
Water Sewer Expense: 0
Water Sewer Expense Desc.: Actual
Owner Pays
Sewer: 1
Water: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First
Unit Available MF Unit 1: leased
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Second
Unit Available MF Unit 2: vacant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Third
Unit Available MF Unit 3: vacant
Monthly Rent MF Unit 3: 1000
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Shingle Siding; Vinyl Siding
Cooling: None
Heating: Natural Gas; Zoned
Owner Pays: Sewer; Water
Sewer: Public Sewer
Showing Requirements: Lockbox
Water Source: Public
Listing Courtesy of Venture Realty Partners
Listing Agent: Lindsay Pipas
518-833-6636 |
518-833-6636 |
