$475,000
Schenectady, NY 12308
MLS# 202318872
Status: Closed
7 beds
1 / 50
Property Description
Fantastic investment opportunity. Everything done for you. Building and all six units renovated in 2018 including Plumbing, Electrical, Windows/Doors, Lighting, Baths & Kitchens, Flooring. 6 new HW tanks, 4 new furnaces. Fully painted inside and out. New exterior railings, fire escapes / decks. Roof seal coated in 2018. Tenants pay own heat and hot water. Property and units in very good shape. Property sold with adjacent vacant lot. 10+ car parking in residential area walking distance to Union College, Mohawk River, Rivers Casino and everything ''New Schenectady'' has to offer. Financials in documents. One unit left vacant for showings — can be rented at closing! Management in place (keep or manage yourself). Don't miss this great opportunity!
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 560000
Sold Price: $475,000
Current Price: $475,000
Listing Contract Date: 2023-06-15
List Price/SqFt: 86.09
Location
Street Number: 1646
Street Name: Carrie
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12308
City/Town (Mail): Schenectady
Cross Street: Lang Street
Geo Lat: 42.823119
Geo Lon: -73.926347
Property Detail
Number Of Units Total: 6
Rooms Total: 24
Bedrooms Total: 7
Bathrooms Full: 6
Year Built: 1943
Above Grade Finished Area: 5750
Living Area: 5750
Zoning: Multi Residence
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2024-03-06
Under Contract Date: 2023-12-09
Sold Date: 2024-03-06
Sold Price: $475,000
Sold Price/SqFt: 82.61
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Full Bath 5: 3rd
Full Bath 6: 3rd
Income And Expenses
Rental Income: 74400
Rental Income Description: Estimated
Electric Expense: 1809
Electric Expense Description: Actual
Insurance Expense: 3045
Insurance Expense Description: Actual
Miscellaneous Expense: 4836
Miscellaneous Expense Description: Estimated
Water Sewer Expense Desc.: Actual
Maintenance Expense: 2143
Operating Expense: 26279
Net Operating Income: 45145
Parking Features
Parking Total: 10
Separate Utilities
Number Of Separate Electric Meters: 6
Number Of Separate Gas Meters: 6
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 6
Number Of Stoves: 6
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Unit Available MF Unit 1: 11/1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1200
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2
Unit Available MF Unit 3: 7/1
Occupant Type MF Unit 3: Vacant
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Monthly Rent MF Unit 4: 1000
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3
Unit Available MF Unit 5: 11/1
Monthly Rent MF Unit 5: 1200
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3rd
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 800
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: 12 Months
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Property Features
Architectural Style: Apartment 4 Plus Unit; Townhouse
Attic Features: Part
Basement: Full
Construction Materials: Brick
Cooling: Window Unit(s)
Exterior Features: Other
Fencing: Chain Link; Masonry
Flooring: Carpet; Hardwood; Linoleum
Foundation Details: Block
Heating: Forced Air; Natural Gas
Interior Features: High Speed Internet
Parking Features: Driveway; Off Street
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Flat; Rubber
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Hot Water
Window Features: Double Pane Windows
Water Source: Public
Unit 1 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Parking; Trash; Water
Unit 2 Owner Furnish Features: Parking
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Parking
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Parking
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Parking; Trash; Water
Unit 5 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 6 Owner Furnish Features: Parking
Unit 6 Includes: Bathroom; Kitchen; Living Room; Stove
School Tax Bill 
Listing Courtesy of KW Platform
Listing Agent: Christopher Broughton
518-724-5996 | cbro@kw.com
518-724-5996 | cbro@kw.com
