$219,000
Albany, NY 12202
MLS# 201916391
Status: Closed
8 beds | 2 baths
1 / 11
Property Description
Own a one-of-a-kind spacious, historic brick two family not far from Albany Med and the Delaware Ave commercial strip. Ornate facade adjacent to Lincoln Park which is currently being revitalized by the city and slated to be complete in the near future. Original woodwork and moldings, two fireplaces, and hardwood floors throughout, recently redone bathrooms. Each unit is 4 bedrooms, and 1,630 sq ft, much larger than your average two family. 2 new boilers in 2019. Roof is 5 years old and maintained. Approximate 10% cap rate. See attached proforma for income/expense information. Excellent Condition
Details
Maps
Contract Information
Original List Price: 224900
List Price/SqFt: 68.99
Status: Closed
Property Sub Type: Multi Family
Sold Price: $219,000
Current Price: $219,000
Listing Contract Date: 2019-04-10
Location
City/Town (Mail): Albany
Street Number: 146
Street Name: MORTON
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
Geo Lat: 42.643419
Geo Lon: -73.764789
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 3260
Above Grade Finished Area Source: Public Records
Living Area: 3260
Lot Size Acres: 0.15
Enhanced Accessible Y/N: No
Family Room Y/N (Units): Both Units
Bedrooms Total: 8
Bathrooms Total: 2
Year Built: 1920
Status Change Info
Sold Price/SqFt: 67.18
Status Change Date: 2019-06-20
Under Contract Date: 2019-04-22
Sold Date: 2019-06-18
Sold Price: $219,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 76-1-4
Tax Annual Amount: 4868
Tax Section: 76
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 4
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: East on Morton Ave off of Delaware Ave.
Public Remarks: Own a one-of-a-kind spacious, historic brick two family not far from Albany Med and the Delaware Ave commercial strip. Ornate facade adjacent to Lincoln Park which is currently being revitalized by the city and slated to be complete in the near future. Original woodwork and moldings, two fireplaces, and hardwood floors throughout, recently redone bathrooms. Each unit is 4 bedrooms, and 1,630 sq ft, much larger than your average two family. 2 new boilers in 2019. Roof is 5 years old and maintained. Approximate 10% cap rate. See attached proforma for income/expense information. Excellent Condition
Sewer
Public Sewer: 1
Architectural Style
Duplex-Over/Under: 1
Financial Details
General Taxes: 3021
General Taxes Description: Actual
School Taxes: 1847
School Taxes Description: Actual
Cooling
Window Unit(s): 1
Basement
Full: 1
Construction Materials
Brick: 1
Possession
At Closing: 1
Possession (Legacy): 5/31/2019
Duplex Type
Up And Down: 1
Flooring
Wood: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
No Sign: 1
Occupied: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Radiant: 1
Laundry Features
None: 1
Parking Features
None: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Multi-Family Unit 1 Detail
Unit Available MF Unit 1: No
Monthly Rent MF Unit 1: 1400
Unit 1 Owner Furnish Features
Owner Furnishes: Both Units
Multi-Family Unit 2 Detail
Monthly Rent MF Unit 2: 1500
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Actual
Unit Available MF Unit 4: Estimated
Monthly Rent MF Unit 4: 1
Unit 1 Detail
Rent: 1400
Rent Description Unit 1: Actual
Kitchen Unit 1: Eat In
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Total Full Baths: 1
Full Baths 1st Floor: 1
Dining Rooms 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 1500
Rent Description Unit 2: Estimated
Lease Term Unit 2: Month To Month
Kitchen Unit 2: Eat In
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Freezer: 1
Range: 1
Refrigerator: 1
Oven: 1
Unit 1 Amenities
Bay Window(s): 1
Crown Molding: 1
Unit 2 Dining Room Type
Formal Dining Room: 1
Unit 2 Appliances
Freezer: 1
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Amenities
Bay Window(s): 1
Crown Molding: 1
Property Features
Architectural Style: Duplex-Over/Under
Basement: Full
Construction Materials: Brick
Cooling: Window Unit(s)
Duplex Type: Up And Down
Flooring: Wood
Heating: Hot Water; Natural Gas; Radiant
Laundry Features: None
Parking Features: None
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; No Sign; Occupied
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water
Water Source: Public
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Freezer; Range; Refrigerator; Oven
Unit 1 Amenities: Bay Window(s); Crown Molding
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Freezer; Range; Refrigerator; Oven
Unit 2 Amenities: Bay Window(s); Crown Molding
Listing Courtesy of Madison Park Real Estate
Listing Agent: Daniel Odabashian
518-281-5336 |
518-281-5336 |
