$351,000
Albany, NY 12202
MLS# 202421293
Status: Closed
4 beds
1 / 19
Property Description
An excellent opportunity to add to an existing portfolio or for the first time owner occupant. Cash Flowing solid brick rare 4 Unit building with strong rental history. Excellent location that features walkability to nearby community amenities and major institutions. Walking distance to Empire State Plaza, Albany Medical Center, Albany College of Pharmacy and Albany Law. Very easy commute to downtown Albany and across from Lincoln Park. The units consist of 4 1BR/1BA each with separate utilities, off street parking, and on-site shared laundry. In great shape and turn key 2 vacant units ready for its next owner.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 329900
Sold Price: $351,000
Current Price: $351,000
Listing Contract Date: 2024-07-12
List Price/SqFt: 101.82
Location
Street Number: 150
Street Name: Morton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Geo Lat: 42.643464
Geo Lon: -73.764987
Property Detail
Rooms Total: 12
Bedrooms Total: 4
Bathrooms Full: 4
Year Built: 1870
Above Grade Finished Area: 3240
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 1470
Below Grade Finished Area Source: Public Records
Living Area: 3240
Zoning: Multi Residence
Lot Size Dimensions: 67x132
Lot Size Acres: 0.2
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2024-11-01
Under Contract Date: 2024-07-29
Sold Date: 2024-10-24
Sold Price: $351,000
Sold Price/SqFt: 108.33
Financial Details
General Taxes: 3125
General Taxes Description: Actual
School Taxes: 4587.95
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Income And Expenses
Rental Income: 4400
Rental Income Description: Estimated
Total Income: 52800
Electric Expense: 1200
Electric Expense Description: Estimated
Insurance Expense: 1600
Insurance Expense Description: Estimated
Water Sewer Expense: 500
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 4
Separate Utilities
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 4
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 4
Number Of Stoves: 4
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 650
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 650
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Vacant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 3
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1100
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1100
Rent Description Unit 2: Estimated
Occupant Type Unit 2: Vacant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 3
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 650
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 650
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 3
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd
Occupant Type MF Unit 4: Vacant
Monthly Rent MF Unit 4: 1100
Rent Desc. MF Unit 4: Estimated
Lease Term MF Unit 4: None
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Detail
Rent: 1100
Rent Description Unit 4: Estimated
Occupant Type Unit 4: Vacant
Kitchen Unit 4: Eat In
Total Rooms Unit 4: 3
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Other
Attic Features: Walk-Up
Basement: Full; Unfinished; Walk-Out Access
Construction Materials: Brick
Cooling: None
Exterior Features: None
Flooring: Hardwood; Linoleum; Tile
Heating: Electric; Natural Gas; Space Heater
Interior Features: Ceramic Tile Bath
Laundry Features: Common Area; Gas Dryer Hookup; Main Level; Washer Hookup
Levels: Two
Lot Features: Cleared; Level
Other Structures: None
Owner Pays: Sewer; Trash Collection; Water
Parking Features: Driveway; Off Street; Paved
Patio And Porch Features: Deck; Enclosed; Front Porch
Possession: At Closing
Roof: Asphalt; Shingle
Security Features: Carbon Monoxide Detector(s); Fire Escape; Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Key; Lockbox; No Sign; Occupied; Pet(s) on Premises; Restricted Hours; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Management; Parking; Snow Removal; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Ceramic Tile
Unit 2 Owner Furnish Features: Maintenance Grounds; Parking; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Ceramic Tile
Unit 3 Owner Furnish Features: Maintenance Grounds; Parking; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Amenities: Ceramic Tile
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Range; Refrigerator; Oven
Unit 4 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Dining Room Type: Dining Area
Unit 4 Appliances: Range; Refrigerator; Oven
Unit 4 Amenities: Ceramic Tile
CO 
Listing Courtesy of Re Max Solutions
Listing Agent: David M Schrepper
518-720-3400 |
518-720-3400 |
