$240,000
Albany, NY 12203
MLS# 201704938
Status: Closed
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Property Description
117 N Allen is the ONLY legal 3 family on the market in the desirable Pine Hills Neighborhood of Albany. With low rents, this building currently brings in $3,158 a month from the 3 apartments, 3 car detached garage and the coin-op laundry. At market rents, the monthly income jumps to $40,900 a year! First floor is large unit, perfect for owner-occupant. Financials available. Excellent Condition
Details
Maps
Contract Information
Original List Price: 239000
List Price/SqFt: 93.65
Status: Closed
Property Sub Type: Multi Family
Sold Price: $240,000
Current Price: $240,000
Listing Contract Date: 2017-03-27
Location
City/Town (Mail): Albany
Street Number: 117
Street Direction Prefix: N
Street Name: ALLEN
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
Subdivision: Pine Hills
Geo Lat: 42.670043
Geo Lon: -73.787803
Property Detail
Garage Spaces: 3
Above Grade Finished Area: 2552
Above Grade Finished Area Source: Public Records
Living Area: 2552
Lot Size Dimensions: 28' x 137.53'
Enhanced Accessible Y/N: No
Year Built: 1895
Status Change Info
Sold Price/SqFt: 94.04
Status Change Date: 2017-06-09
Under Contract Date: 2017-04-10
Sold Date: 2017-05-31
Sold Price: $240,000
Parcel, Tax, HOA
Parcel Number: 010100 64.44-1-56
FIPS Code: 36001
Tax Annual Amount: 7576
Tax Section: 64.44
Total Taxes Description: See Remarks
Tax Block: 1
Tax Lot: 56
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: Corner Lot - N Allen and Spring
Public Remarks: 117 N Allen is the ONLY legal 3 family on the market in the desirable Pine Hills Neighborhood of Albany. With low rents, this building currently brings in $3,158 a month from the 3 apartments, 3 car detached garage and the coin-op laundry. At market rents, the monthly income jumps to $40,900 a year! First floor is large unit, perfect for owner-occupant. Financials available. Excellent Condition
Sewer
Public Sewer: 1
Architectural Style
Triplex: 1
Cooling
None: 1
Basement
Full: 1
Construction Materials
Vinyl Siding: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Other Income: 1000
Total Income: 37900
Parking Features
Parking Total: 5
Detached: 1
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Monthly Rent MF Unit 1: 1200
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 8
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Frnt
Monthly Rent MF Unit 2: 750
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Rear
Monthly Rent MF Unit 3: 750
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Garages
Monthly Rent MF Unit 4: 375
Total Rooms MF Unit 4: 3
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: Laundry
Monthly Rent MF Unit 5: 85
Property Features
Architectural Style: Triplex
Basement: Full
Construction Materials: Vinyl Siding
Cooling: None
Heating: Hot Water; Natural Gas
Parking Features: Detached
Sewer: Public Sewer
Water Source: Public
Listing Courtesy of Field Realty
Listing Agent: Shane Mahar
518-495-1877 |
518-495-1877 |
