$42,000
Schenectady, NY 12307
MLS# 201420952
Status: Closed
4 beds | 2 baths
1 / 1
Property Description
Great investment property: 9% Cap Rate and 16% projected Cash ROI! See attached income analysis for more detail. This 2 unit home is in very good condition and is located minutes from newly renovated downtown Schenectady. Convenient access to major highways. Separate utilities. New roof, newer furnaces and one new hot water heater. Long term tenants (5+ years)... rent hasn't changed so opportunity to increase income. Electronic Lockbox located on rail at 135 Duane.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 57500
Sold Price: $42,000
Current Price: $42,000
Listing Contract Date: 2014-08-22
List Price/SqFt: 27.56
Location
Street Number: 133
Street Name: DUANE
Street Suffix: Avenue
County: Schenectady
State/Province: NY
Postal Code: 12307
City/Town (Mail): Schenectady
Geo Lat: 42.802867
Geo Lon: -73.939994
Property Detail
Bedrooms Total: 4
Bathrooms Total: 2
Year Built: 1900
Above Grade Finished Area: 1760
Above Grade Finished Area Source: Public Records
Living Area: 1760
Lot Size Acres: 0.05
Enhanced Accessible Y/N: No
Status Change Info
Status Change Date: 2016-01-07
Under Contract Date: 2015-12-10
Sold Date: 2016-01-06
Sold Price: $42,000
Sold Price/SqFt: 23.86
Financial Details
General Taxes: 2580
General Taxes Description: Estimated
School Taxes: 1394
School Taxes Description: Estimated
Possession
Possession (Legacy): to be arranged
Parking Features
Parking Total: 2
Multi-Family Unit 1 Detail
Unit Available MF Unit 1: No
Monthly Rent MF Unit 1: 500
Unit 1 Owner Furnish Features
Owner Furnishes: Neither Unit
Unit 1 Detail
Rent: 500
Rent Description Unit 1: Estimated
Lease Term Unit 1: Month To Month
Total Bedrooms: 2
Bedrooms on 1st Floor: 2
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Monthly Rent MF Unit 2: 500
Unit 2 Detail
Rent: 500
Rent Description Unit 2: Estimated
Lease Term Unit 2: Month To Month
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Basement: Full
Construction Materials: Aluminum Siding
Heating: Forced Air; Natural Gas
Parking Features: Off Street; None
Roof: Asphalt
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Lockbox; Other; See Remarks
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Built-in Features; Cable Available; High Speed Internet
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Built-in Features; Cable Available; High Speed Internet
Listing Courtesy of Armida Rose Realty Group
Listing Agent: Franca DiCrescenzo
518-374-2228 | franca@armidarose.com
518-374-2228 | franca@armidarose.com
