$196,250
Albany, NY 12206
MLS# 202034546
Status: Closed
8 beds | 2 baths

1 / 8
Property Description
Unique opportunity to own a mixed use building in an outstanding investment area. Massive, nearly 2600 SQ ft 2 family in the heart of all the action. Property is zoned commercial/mixed use/office/ residential! The ideas are endless with what you can do with this property. Ample off street parking which is rare for this area. Each unit features 4 bedrooms and have tons of space! New roof and newer mechanicals make this a turn-key investment. Full walk up attic that could be used for extra storage , or possibly another living space . Each tenant pays 1300/month and is leased until the end of this month. Excellent Condition
Details
Maps
Contract Information
Builder Model: 2 Fam
Original List Price: 204900
List Price/SqFt: 79.23
Status: Closed
Property Sub Type: Duplex
Sold Price: $196,250
Current Price: $196,250
Listing Contract Date: 2020-12-16
Location
City/Town (Mail): Albany
Street Number: 187
Street Direction Prefix: N
Street Name: ALLEN
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.672635
Geo Lon: -73.78518
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 2586
Above Grade Finished Area Source: CRS
Living Area: 2586
Zoning: Mixed
Lot Size Dimensions: 52X81.5
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 8
Bathrooms Total: 2
Status Change Info
Sold Price/SqFt: 75.89
Status Change Date: 2021-04-01
Under Contract Date: 2021-01-29
Sold Date: 2021-04-01
Sold Price: $196,250
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 64.36-3-33
Tax Annual Amount: 5500
Tax Section: 64.36
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 33
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: Central Ave to North Allen St.
Public Remarks: Unique opportunity to own a mixed use building in an outstanding investment area. Massive, nearly 2600 SQ ft 2 family in the heart of all the action. Property is zoned commercial/mixed use/office/ residential! The ideas are endless with what you can do with this property. Ample off street parking which is rare for this area. Each unit features 4 bedrooms and have tons of space! New roof and newer mechanicals make this a turn-key investment. Full walk up attic that could be used for extra storage , or possibly another living space . Each tenant pays 1300/month and is leased until the end of this month. Excellent Condition
Sewer
Public Sewer: 1
Attic Features
Full: 1
Walk-Up: 1
Basement
Full: 1
Construction Materials
Aluminum Siding: 1
Vinyl Siding: 1
Possession
Possession (Legacy): TBD
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Radiant: 1
Income And Expenses
Insurance Expense: 1200
Laundry Features
In Basement: 1
Upper Level: 1
Parking Features
Parking Total: 6
Off Street: 1
None: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 2 Fam
Unit Available MF Unit 1: No
Monthly Rent MF Unit 1: 1300
Unit 1 Owner Furnish Features
Owner Furnishes: Neither Unit
Multi-Family Unit 2 Detail
Monthly Rent MF Unit 2: 1300
Unit 1 Detail
Rent: 1300
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: 1300
Rent Description Unit 2: Actual
Kitchen Unit 2: Eat In
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Other Rooms 3rd Floor: 1
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 1 Amenities
Ceramic Tile: 1
High Speed Internet: 1
Unit 2 Dining Room Type
Dining Area: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Amenities
Crown Molding: 1
High Speed Internet: 1
Property Features
Attic Features: Full; Walk-Up
Basement: Full
Construction Materials: Aluminum Siding; Vinyl Siding
Flooring: Carpet; Ceramic Tile; Hardwood
Heating: Hot Water; Natural Gas; Radiant
Laundry Features: In Basement; Upper Level
Levels: Two
Parking Features: Off Street; None
Roof: Asphalt
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied
Special Listing Conditions: Standard
Water Source: Public
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Ceramic Tile; High Speed Internet
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Crown Molding; High Speed Internet
Listing Courtesy of Venture Realty Partners
Listing Agent: Steven King
518-833-6636 |
518-833-6636 |

