$285,600
Albany, NY 12210
MLS# 202430274
Status: Closed
4 beds
1 / 36
Property Description
MONEY MAKER $76k last year. Historic building close to the Palace Theater and the Capitol building in Albany, NY. This successful investment property has 3 apartments, all currently being used as AirBNB's. Generating avg of $6,300+ revenue/mo, with some months over $9k-$10k+. All furniture & AirBNB business items, décor, vendors, supplies, smart locks, etc. are available & can be negotiated. Perfect location close to Downtown, Washington Park, Lark Street, hospitals, working very well for short term (Airbnb), medium term (traveling nurse), or long term (regular tenant). Easy for owner-occupant if desired. *BONUS* is the unfinished garden level 4th unit: convert to 4th apartment or storefront for additional revenue. Separate utilities keep the bills down. Begin or grow your portfolio here!
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 249900
Sold Price: $285,600
Current Price: $285,600
Listing Contract Date: 2024-12-09
List Price/SqFt: 125.08
Location
Street Number: 185
Street Name: Clinton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12210
City/Town (Mail): Albany
Geo Lat: 42.658119
Geo Lon: -73.75606
Property Detail
Rooms Total: 9
Bedrooms Total: 4
Bathrooms Full: 3
Year Built: 1868
Above Grade Finished Area: 1998
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: See Remarks
Living Area: 1998
Lot Size Dimensions: 18.2 x 136
Lot Size Acres: 0.06
Main Road Frontage: 18.2
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: No
Status Change Info
Status Change Date: 2025-02-27
Under Contract Date: 2024-12-17
Sold Date: 2025-02-27
Sold Price: $285,600
Sold Price/SqFt: 142.94
Financial Details
Full Market Assessment: 177300
General Taxes: 1943
General Taxes Description: Actual
School Taxes: 2990
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Photos - the contractual owner of the photos
Photo Owner: Photographer
Income And Expenses
Rental Income: 76000
Rental Income Description: Actual
Total Income: 76000
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 3
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Unit Available MF Unit 1: Now
Monthly Rent MF Unit 1: 2087
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 2
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Flr
Unit Available MF Unit 2: Now
Monthly Rent MF Unit 2: 2000
Rent Desc. MF Unit 2: Actual
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: 3rd Flr
Unit Available MF Unit 3: Now
Monthly Rent MF Unit 3: 2600
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Garden
Unit Available MF Unit 4: Now
Unit 1 Detail
Rent: 2087
Rent Description Unit 1: Actual
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 2
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
Unit 2 Detail
Rent: 2000
Rent Description Unit 2: Actual
Kitchen Unit 2: Working Only
Total Rooms Unit 2: 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
Unit 3 Detail
Rent: 2600
Rent Description Unit 3: Actual
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 3
Total Bedrooms: 2
Bedrooms on 3rd Floor: 2
Total Full Baths: 1
Full Baths 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Estimated
Total Rooms Unit 4: 1
Property Features
Architectural Style: Townhouse
Basement: Exterior Entry; Full; Interior Entry; Unfinished; Walk-Out Access
Construction Materials: Brick
Cooling: Window Unit(s)
Exterior Features: None
Fencing: Back Yard; Partial
Flooring: Laminate; Tile; Vinyl; Wood
Foundation Details: Brick/Mortar; Combination
Heating: Hot Water; Natural Gas
Interior Features: Crown Molding; High Speed Internet
Laundry Features: In Basement
Lot Features: Sloped
Other Equipment: Negotiable
Owner Pays: Water; Other
Patio And Porch Features: Patio
Possession: Subject To Tenant Rights
Roof: Rubber
Security Features: Other
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Showing Service
Special Listing Conditions: Standard
Tenant Pays: Other
Utilities: Cable Available
Window Features: Double Pane Windows
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 1 Owner Furnish Features: Sewer; Snow Removal; Trash; Water; Other
Unit 1 Dining Room Type: Combined DR/LR
Unit 1 Appliances: Microwave; Refrigerator
Unit 1 Amenities: Crown Molding
Unit 2 Owner Furnish Features: Sewer; Snow Removal; Trash; Water; Other
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Microwave; Refrigerator
Unit 3 Owner Furnish Features: Sewer; Snow Removal; Trash; Water; Other
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 3 Dining Room Type: Combined DR/LR
Unit 3 Appliances: Microwave; Refrigerator
Tax Data 
Listing Courtesy of KW Platform
Listing Agent: Adam P Nye
518-560-0050 | nyeproperties@kw.com
518-560-0050 | nyeproperties@kw.com
