$380,000
Cohoes, NY 12047
MLS# 202214345
Status: Closed
10 beds
1 / 20
Property Description
Cap Rate of 11%... SOLID INVESTMENT IN A NICE LOCATION... BUY IT...RENT IT...PROFIT!!!! HUGE 6 family rental property in heart of Cohoes. $50,126.00 annual income. Easy to manage as well as rent. Tenants pay their own utilities. Features include Newer windows, newer electric in 2016, and newer plumbing throughout. Owner has done many upgrades including new vinyl flooring, updated bathroom, new fridges in 3 units, 2 boilers replaced, and the list goes on... W/D hookups in both 3BR units. Some Off street parking, a fenced in yard and Storage in Basement. With limited inventory, this is a MUST SEE and is in Very Good Condition.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 380000
Sold Price: $380,000
Current Price: $380,000
Listing Contract Date: 2022-03-29
Location
Street Number: 20
Street Name: George
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12047
City/Town (Mail): Cohoes
Geo Lat: 42.766734
Geo Lon: -73.696999
Property Detail
Number Of Units Total: 6
Rooms Total: 24
Bedrooms Total: 10
Bathrooms Full: 6
Year Built: 1958
Lot Size Dimensions: 56x100
Lot Size Acres: 0.13
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Financial Details
General Taxes Description: Estimated
Income And Expenses
Rental Income: 64300
Rental Income Description: Estimated
Electric Expense Description: None
Gas Expense Description: None
Insurance Expense: 2600
Water Sewer Expense: 1532
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 2
Unit Information
Number Of Refrigerators: 6
Number Of Stoves: 6
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st fl
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1220
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st fl.
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1144
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd fl.
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 650
Rent Desc. MF Unit 3: Estimated
Lease Term MF Unit 3: Month To Month
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: 2nd
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 775
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
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: 3rd fl.
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 775
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 775
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3rd
Occupant Type MF Unit 6: Vacant
Monthly Rent MF Unit 6: 800
Rent Desc. MF Unit 6: Estimated
Lease Term MF Unit 6: None
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Status Change Info
Status Change Date: 2022-08-10
Under Contract Date: 2022-04-06
Sold Date: 2022-07-22
Sold Price: $380,000
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full
Construction Materials: Vinyl Siding
Cooling: None
Electric: 100 Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Carpet; Hardwood; Laminate; Vinyl
Heating: Baseboard; Natural Gas; Space Heater
Levels: Two
Lot Features: Level
Parking Features: Detached; Driveway; Off Street
Patio And Porch Features: Porch; Rear Porch
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Shingle
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Sewer; Trash Collection; Water
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Maintenance Grounds; Parking; Sewer; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Maintenance Grounds; Sewer; Trash; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Disclosures 
Listing Courtesy of 518 Realty.Com Inc
Listing Agent: Steven J Sbardella
518-456-6518 | steve@518realty.com
518-456-6518 | steve@518realty.com
