$320,000
New Scotland, NY 12067
MLS# 202515222
Status: Closed
9 beds

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Property Description
Looking for a sound real estate investment? Look no further! Welcome to 1483 Indian Fields Road! Here is a fully rented five-unit (4- two-bedroom units and 1- one-bedroom unit) apartment building. It has an excellent rental history with strong rents and plenty of room for growth. features newer natural gas fired furnaces and newer water heaters. There are 3 garage bays, and 2 carport spaces (carport roof needs work) for additional income there is a coin-operated laundry room on site. Public water, two septic systems (inspected & maintained by Vadney).
Details
Maps
Documents
Contract Information
Original List Price: 319777
List Price/SqFt: 80.1
Status: Closed
Property Sub Type: Multi Family
Sold Price: $320,000
Current Price: $320,000
Listing Contract Date: 2025-04-14
Location
City/Town (Mail): Feura Bush
Cross Street: WESTERN AVENUE
Street Number: 1438
Street Name: Indian Fields
Street Suffix: Road
County: Albany
State/Province: NY
Postal Code: 12067
Geo Lat: 42.577267
Geo Lon: -73.881505
Property Detail
Number Of Units Total: 5
Rooms Total: 25
Bathrooms Half: 0
Garage Spaces: 3
Above Grade Finished Area: 3992
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3992
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Dimensions: .86 ACRE
Lot Size Acres: 0.86
Main Road Frontage: 207
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 9
Bathrooms Full: 5
Year Built: 1900
Status Change Info
Sold Price/SqFt: 80.16
Status Change Date: 2025-06-23
Under Contract Date: 2025-04-30
Sold Date: 2025-06-20
Sold Price: $320,000
Parcel, Tax, HOA
Parcel Number: 013489 107.2-2-11
Tax Annual Amount: 6605.27
Tax Section: 107.02
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 11.000
School District: Ravena-Coeymans-Selkirk
High School: Ravena Coeymans Selkirk HS
Association Y/N: No
Directions & Remarks
Directions: ELM AVENUE, DELMAR, TO ROUTE 32 SOUTH TO FEURA BUSH, PROERTY OS LOCATED ON THE RIGHT HAND SIDE OF THE ROAD, JUST BEFORE WESTERN AVENUE
Public Remarks: Looking for a sound real estate investment? Look no further! Welcome to 1483 Indian Fields Road! Here is a fully rented five-unit (4- two-bedroom units and 1- one-bedroom unit) apartment building. It has an excellent rental history with strong rents and plenty of room for growth. features newer natural gas fired furnaces and newer water heaters. There are 3 garage bays, and 2 carport spaces (carport roof needs work) for additional income there is a coin-operated laundry room on site. Public water, two septic systems (inspected & maintained by Vadney).
Sewer
Septic Tank: 1
Architectural Style
Apartment 4 Plus Unit: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Fencing
None: 1
Financial Details
General Taxes: 2150
General Taxes Description: Estimated
School Taxes: 4470
School Taxes Description: Estimated
Attic Features
Hatch: 1
Cooling
None: 1
Basement
Bilco Doors: 1
Partial: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 2nd
Lot Features
Level: 1
Construction Materials
Aluminum Siding: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Carpet: 1
Laminate: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Roof
Asphalt: 1
Metal: 1
Other: 1
Water Source
Public: 1
Foundation Details
Stone: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 53700
Rental Income Description: Actual
Total Income: 53700
Total Income Description: Actual
Gas Expense: 4800
Gas Expense Description: Estimated
Insurance Expense: 2656
Insurance Expense Description: Estimated
Miscellaneous Expense: 1000
Miscellaneous Expense Description: Actual
Oil Expense: 0
Water Sewer Expense: 2000
Water Sewer Expense Desc.: Estimated
Fuel Cost Description
Heat Estimated: 1
Total Utilities/Actual: 1
Interior Features
High Speed Internet: 1
Paddle Fan: 1
Walk-In Closet(s): 1
Other Equipment
None: 1
Parking Features
Parking Total: 10
Attached: 1
Carport: 1
Driveway: 1
Garage: 1
Off Street: 1
Paved: 1
Under Residence: 1
Other: 1
Patio And Porch Features
Deck: 1
Porch: 1
Rear Porch: 1
Levels
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Number Of Separate Electric Meters: 5
Tenant Pays
Cable TV: 1
Electricity: 1
Internet: 1
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 5
Number Of Stoves: 5
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: FIRST
Unit Available MF Unit 1: TBA
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1350
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Electricity: 1
Heat: 1
Sewer: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: FIRST
Unit Available MF Unit 2: TBA
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 675
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Sewer: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: SECOND
Unit Available MF Unit 3: TBA
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 800
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Sewer: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: SECOND
Unit Available MF Unit 4: TBA
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 800
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 5
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Sewer: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: SECOND
Unit Available MF Unit 5: TBA
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 850
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Heat: 1
Sewer: 1
Water: 1
Unit 5 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Hatch
Basement: Bilco Doors; Partial; Unfinished
Construction Materials: Aluminum Siding
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: None
Fencing: None
Flooring: Carpet; Laminate; Wood
Foundation Details: Stone
Fuel Cost Description: Heat Estimated; Total Utilities/Actual
Heating: Forced Air; Natural Gas
Interior Features: High Speed Internet; Paddle Fan; Walk-In Closet(s)
Levels: Two
Lot Features: Level
Other Equipment: None
Other Structures: None
Parking Features: Attached; Carport; Driveway; Garage; Off Street; Paved; Under Residence; Other
Patio And Porch Features: Deck; Porch; Rear Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Metal; Other
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Lockbox; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Utilities: Cable Available; Cable Connected
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Electricity; Heat; Sewer; Water
Unit 2 Owner Furnish Features: Heat; Sewer; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Sewer; Water
Unit 3 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Heat; Sewer; Water
Unit 4 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Heat; Sewer; Water
Unit 5 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Listing Courtesy of RE/MAX Capital
Listing Agent: Douglas S Schenk
518-221-2949 | schenk.remax@gmail.com
518-221-2949 | schenk.remax@gmail.com


disclosure & taxes