$320,000
New Scotland, NY 12067
MLS# 202515222
Status: Closed
9 beds
1 / 22
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
Status: Closed
Property Sub Type: Multi Family
Original List Price: 319777
Sold Price: $320,000
Current Price: $320,000
Listing Contract Date: 2025-04-14
List Price/SqFt: 80.1
Location
Street Number: 1438
Street Name: Indian Fields
Street Suffix: Road
County: Albany
State/Province: NY
Postal Code: 12067
City/Town (Mail): Feura Bush
Cross Street: WESTERN AVENUE
Geo Lat: 42.577267
Geo Lon: -73.881505
Property Detail
Number Of Units Total: 5
Rooms Total: 25
Bedrooms Total: 9
Bathrooms Full: 5
Year Built: 1900
Garage Spaces: 3
Above Grade Finished Area: 3992
Above Grade Finished Area Source: CRS
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
Parking Y/N: Yes
Status Change Info
Status Change Date: 2025-06-23
Under Contract Date: 2025-04-30
Sold Date: 2025-06-20
Sold Price: $320,000
Sold Price/SqFt: 80.16
Financial Details
General Taxes: 2150
General Taxes Description: Estimated
School Taxes: 4470
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
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
Water Sewer Expense: 2000
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 10
Separate Utilities
Number Of Separate Electric Meters: 5
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
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
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
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
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
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
disclosure & taxes 
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
