$367,000
Albany, NY 12210
MLS# 202418314
Status: Closed
5 beds
1 / 27
Property Description
Excellent opportunity to own a beautiful turn key multi unit in the heart of center square. Three units ready for it's next long term or short-term tenants that will provide great monthly cash flow. Amazing Air-BNB potential that is walking distance to many of the cities amenities, attractions and large places of employment. (State Buildings, Downtown UALBANY Campus, Albany Medical, Albany Law and Albany Pharmacy) Lovely private court yard in rear. A quick bike ride to downtown Albany for environmentally conscious commuter. This property would be a great addition to an existing portfolio or the first time investor.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Triplex
Original List Price: 369900
Sold Price: $367,000
Current Price: $367,000
Listing Contract Date: 2024-05-30
List Price/SqFt: 147.31
Location
Street Number: 138
Street Name: Lancaster
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
City/Town (Mail): Albany
Geo Lat: 42.652867
Geo Lon: -73.762501
Property Detail
Rooms Total: 10
Bedrooms Total: 5
Bathrooms Full: 4
Year Built: 1861
Above Grade Finished Area: 2511
Above Grade Finished Area Source: Public Records
Living Area: 2511
Zoning: Multi Residence
Lot Size Dimensions: 27.6 x 74.3
Lot Size Acres: 0.05
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2024-06-29
Under Contract Date: 2024-05-30
Sold Date: 2024-06-24
Sold Price: $367,000
Sold Price/SqFt: 146.16
Financial Details
General Taxes: 4883.91
General Taxes Description: Estimated
School Taxes: 5766.17
School Taxes Description: Estimated
Bath Levels
Full Bath 1: Basement
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Income And Expenses
Rental Income: 4050
Rental Income Description: Estimated
Total Income: 15050
Total Income Description: Estimated
Gas Expense: 2800
Gas Expense Description: Actual
Insurance Expense: 2050
Miscellaneous Expense: 360
Miscellaneous Expense Description: Actual
Water Sewer Expense: 1000
Water Sewer Expense Desc.: Estimated
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Water Meters: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Unit Available MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1000
Total Rooms MF Unit 1: 2
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1400
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 2
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 1600
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 2
Unit 3 Detail
Total Bedrooms: 2
Property Features
Architectural Style: Townhouse
Attic Features: Hatch
Basement: Apartment; Finished; Full; Heated
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service
Exterior Features: None
Fencing: Back Yard; Chain Link
Fireplace Features: Wood Burning Stove
Flooring: Carpet; Ceramic Tile; Hardwood
Heating: Baseboard; Hot Water; Natural Gas
Interior Features: High Speed Internet
Levels: Three Or More
Lot Features: Cleared; Level
Parking Features: None
Patio And Porch Features: Patio
Possession: At Closing
Roof: Asphalt; Flat; Rolled/Hot Mop; Rubber
Security Features: Carbon Monoxide Detector(s); Fire Escape; Fire Sprinkler System; Smoke Detector(s)
Separate Utilities: Electric; Water Meter
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Key; Lockbox; Pet(s) on Premises
Special Listing Conditions: Standard
Tenant Pays: Electricity; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Trash; Water
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Convection Oven; Refrigerator
Unit 2 Dining Room Type: None
Unit 2 Appliances: Refrigerator
Unit 3 Dining Room Type: Formal Dining Room
Listing Courtesy of Re Max Solutions
Listing Agent: David M Schrepper
518-720-3400 |
518-720-3400 |
