$1,000,000
Albany, NY 12210
MLS# 202024245
Status: Closed
1 / 60
Property Description
ONE OF A KIND PROPERTY! 8 UNIT W/ LOADS OF PARKING + 3 GARAGES IN CENTER SQUARE ACROSS FROM PARK. The wrought iron gates open to the driveway leading to 7 car parking lot + 3 car garage (2 are heated). Stunning bi-level homeowners unit w/3-4 bedrooms, 2.5 baths, 2 gas fireplaces, original woodwork, pocket doors, stained glass, hardwood floors, HUGE eat-in kitchen w/ double doors to large back deck w/awning + super cool butlers kitchenette & private laundry room. Easy to rent. 8 current COs. Homeowners unit recently vacant for new owners and has some duct work to add central air if desired. Perfect owner occupier or investor at 7.4 cap rate. The other 7 units enjoy parking + share a coin operated laundry rm. NEW steam furnace ($30K), newer oversized hot water tank. 7 Updated kitchens. Excellent Condition
Details
Maps
Contract Information
Original List Price: 979000
List Price/SqFt: 132.44
Status: Closed
Property Sub Type: Multi Family
Sold Price: $1,000,000
Current Price: $1,000,000
Listing Contract Date: 2020-08-02
Location
City/Town (Mail): Albany
Street Number: 20
Street Name: WILLETT
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Subdivision: Washington Park
Geo Lat: 42.655852
Geo Lon: -73.765521
Property Detail
Number Of Units Total: 8
Garage Spaces: 3
Above Grade Finished Area: 7392
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 1600
Living Area: 7392
Lot Size Dimensions: 43.8 x 165
Lot Size Acres: 0.16
Main Road Frontage: 44
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1879
Status Change Info
Sold Price/SqFt: 135.28
Status Change Date: 2020-11-20
Under Contract Date: 2020-08-05
Sold Date: 2020-11-20
Sold Price: $1,000,000
Parcel, Tax, HOA
Parcel Number: 010100 65.80-3-75
FIPS Code: 36001
Tax Annual Amount: 18670
Tax Section: 65.80
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 75
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: Willett between Lancaster & State
Public Remarks: ONE OF A KIND PROPERTY! 8 UNIT W/ LOADS OF PARKING + 3 GARAGES IN CENTER SQUARE ACROSS FROM PARK. The wrought iron gates open to the driveway leading to 7 car parking lot + 3 car garage (2 are heated). Stunning bi-level homeowners unit w/3-4 bedrooms, 2.5 baths, 2 gas fireplaces, original woodwork, pocket doors, stained glass, hardwood floors, HUGE eat-in kitchen w/ double doors to large back deck w/awning + super cool butlers kitchenette & private laundry room. Easy to rent. 8 current COs. Homeowners unit recently vacant for new owners and has some duct work to add central air if desired. Perfect owner occupier or investor at 7.4 cap rate. The other 7 units enjoy parking + share a coin operated laundry rm. NEW steam furnace ($30K), newer oversized hot water tank. 7 Updated kitchens. Excellent Condition
Sewer
Public Sewer: 1
Documents Available
Cert of Occupancy: 1
Architectural Style
Other: 1
See Remarks: 1
Fencing
Fenced: 1
Financial Details
General Taxes: 7900
General Taxes Description: Actual
School Taxes: 10770
School Taxes Description: Actual
Attic Features
Hatch: 1
Cooling
Window Unit(s): 1
Basement
Finished: 1
Full: 1
Lot Features
Level: 1
Views: 1
Construction Materials
Brick: 1
Stone: 1
Possession
Possession (Legacy): Closing
Flooring
Ceramic Tile: 1
Hardwood: 1
Showing Requirements
Lockbox: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Slate: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Radiant: 1
Steam: 1
Income And Expenses
Other Income Description: Estimated
Total Income: 114900
Total Income Description: Estimated
Gas Expense: 6900
Gas Expense Description: Estimated
Insurance Expense: 4000
Insurance Expense Description: Estimated
Water Sewer Expense: 0
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 7
Driveway: 1
Off Street: 1
Paved: 1
Under Residence: 1
Patio And Porch Features
Deck: 1
Owner Pays
Heat: 1
Hot Water: 1
Parking Fee: 1
Trash Collection: 1
Separate Utilities
Number Of Separate Electric Meters: 1
Number Of Separate Gas Meters: 1
Number Of Separate Water Meters: 1
Unit Information
Number Of Air Conditoners: 4
Number Of Dishwashers: 1
Number Of Dryers: 2
Number Of Refrigerators: 8
Number Of Stoves: 8
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 2 w/Gar
Unit Available MF Unit 1: 2021
Monthly Rent MF Unit 1: 2500
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 7
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 2
Total Half Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Garage: 1
Heat: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Dryer Hookup: 1
Fireplace: 1
Half Bath: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 3-1 BR
Unit Available MF Unit 2: TBD
Monthly Rent MF Unit 2: 1200
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Garage: 1
Heat: 1
Parking: 1
Snow Removal: 1
Trash: 1
Unit 2 Includes
Bathroom: 1
Half Bath: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 6-1 bed
Unit Available MF Unit 3: @Closing
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Parking: 1
Snow Removal: 1
Trash: 1
Unit 3 Includes
Bathroom: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 5 Studio
Unit Available MF Unit 4: @Closing
Monthly Rent MF Unit 4: 900
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Cable TV: 1
Heat: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 7 Studio
Unit Available MF Unit 5: @Closing
Monthly Rent MF Unit 5: 900
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Heat: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 8 Studio
Unit Available MF Unit 6: @Closing
Monthly Rent MF Unit 6: 900
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Other
Total Rooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 1 Studio
Unit Available MF Unit 7: @Closing
Monthly Rent MF Unit 7: 900
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Other
Total Rooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Unit 7 Owner Furnish Features
Heat: 1
Snow Removal: 1
Trash: 1
Water: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 4 Studio
Unit Available MF Unit 8: @Closing
Monthly Rent MF Unit 8: 875
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: Other
Total Rooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Unit 8 Owner Furnish Features
Electricity: 1
Heat: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Property Features
Architectural Style: Other; See Remarks
Attic Features: Hatch
Basement: Finished; Full
Construction Materials: Brick; Stone
Cooling: Window Unit(s)
Documents Available: Cert of Occupancy
Fencing: Fenced
Flooring: Ceramic Tile; Hardwood
Heating: Natural Gas; Radiant; Steam
Lot Features: Level; Views
Owner Pays: Heat; Hot Water; Parking Fee; Trash Collection
Parking Features: Driveway; Off Street; Paved; Under Residence
Patio And Porch Features: Deck
Roof: Slate
Sewer: Public Sewer
Showing Requirements: Lockbox
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Dryer Hookup; Fireplace; Half Bath; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 1 Owner Furnish Features: Garage; Heat; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Garage; Heat; Parking; Snow Removal; Trash
Unit 2 Includes: Bathroom; Half Bath; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Parking; Snow Removal; Trash
Unit 3 Includes: Bathroom; Refrigerator; Stove
Unit 4 Owner Furnish Features: Cable TV; Heat; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Refrigerator; Stove
Unit 5 Owner Furnish Features: Heat; Sewer; Snow Removal; Trash; Water
Unit 6 Owner Furnish Features: Heat; Snow Removal; Trash
Unit 7 Owner Furnish Features: Heat; Snow Removal; Trash; Water
Unit 8 Owner Furnish Features: Electricity; Heat; Sewer; Snow Removal; Trash; Water
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
518-439-4943 |
