$385,000
Albany, NY 12202
MLS# 202428240
Status: Closed
5 beds
1 / 1
Property Description
OFFER DEADLINE NOON TUESDAY, NOV 5! Amazing income or owner-occupied property comes fully furnished for thriving short-term rental business showing a 7% cap rate mixed with a long-term tenant. Two 1-bed/1-bath units on the second floor with separate entrances (front or rear) and a 3-bedroom/2 bath with bonus third floor space to provide bonus rooms. Excellent condition and offers a super convenient location near Albany Med, Albany Law, SUNY, and across from a park and on the bus line. Easy parking with 1-2 car driveway, plus a no-outlet street for close on-street parking.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Triplex
Original List Price: 345000
Sold Price: $385,000
Current Price: $385,000
Listing Contract Date: 2024-10-28
List Price/SqFt: 109.32
Location
Street Number: 119
Street Name: Delaware
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.646646
Geo Lon: -73.771057
Property Detail
Rooms Total: 19
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1925
Above Grade Finished Area: 3156
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 3156
Zoning: Multi Residence
Lot Size Acres: 0.11
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2025-01-06
Under Contract Date: 2024-11-05
Sold Date: 2025-01-03
Sold Price: $385,000
Sold Price/SqFt: 121.99
Financial Details
General Taxes: 1989
General Taxes Description: Estimated
School Taxes: 5065
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 3rd
Photos - the contractual owner of the photos
Photo Owner: Photographer
Income And Expenses
Rental Income: 69984
Rental Income Description: Yearly
Total Income Description: Average
Parking Features
Parking Total: 2
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 1
Unit Information
Number Of Dryers: 2
Number Of Refrigerators: 3
Number Of Stoves: 3
Number Of Washers: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1916
Rent Description Unit 1: Estimated
Lease Term Unit 1: Other
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 4
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1916
Rent Description Unit 2: Estimated
Lease Term Unit 2: Other
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 4
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Flr
Unit Available MF Unit 3: 1/1/25
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 2000
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 9
Total Bedrooms MF Unit 3: 4
Total Full Baths MF Unit 3: 2
Unit 3 Detail
Rent: 2000
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Working Only
Total Rooms Unit 3: 9
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 2
Full Baths 2nd Floor: 1
Full Baths 3rd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Finished; Floored; Full; Walk-Up; Windows
Basement: Full; Unfinished
Construction Materials: Vinyl Siding
Cooling: None
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Hardwood; Tile
Heating: Baseboard; Hot Water; Natural Gas; Zoned
Interior Features: High Speed Internet
Levels: Three Or More
Owner Pays: Electricity; Gas; Grounds Care; Heat; Hot Water; Internet; Sewer; Snow Removal; Trash Collection; Water
Parking Features: Driveway; Off Street
Patio And Porch Features: Front Porch; Rear Porch
Possession: At Closing
Roof: Asphalt; Rolled/Hot Mop; Rubber
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available
Property Condition: Updated/Remodeled
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Electricity; Heat; Hot Water; Internet; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 1 Dining Room Type: None
Unit 1 Appliances: Dryer; Microwave; Range; Washer; Refrigerator
Unit 1 Amenities: Cable Available; High Speed Internet
Unit 2 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: None
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Amenities: High Speed Internet
Unit 3 Owner Furnish Features: Cable TV; Electricity; Gas; Heat; Hot Water; Internet; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 3 Amenities: Cable Available; High Speed Internet
Unit 3 Dining Room Type: Formal Dining Room
Unit 3 Appliances: Dryer; Microwave; Range; Washer; Refrigerator
Listing Courtesy of Gabler Realty LLC
Listing Agent: Judith Gabler
518-727-5653 | Judi@GablerRealty.com
518-727-5653 | Judi@GablerRealty.com
