$190,000
Albany, NY 12209
MLS# 201321971
Status: Closed

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Property Description
4 UNIT, SOLID BRICK. PLENTY OF PARKING - LARGE BACK LOT. FULLY RENTED WITH ALL SEPARATE UTILITIES. 4 FURNACES AND 4 HOT WATER TANKS. COIN OPERATED LAUNDRY IN THE BUILDING. WALK TO SPECTRUM THEATRE, COFFEE SHOP, CARDONAS DELI MARKET, HOUSE OF WORSHIP AND MORE. PROFORMA UNDER ASSOCIATED DOCS. 11.3% CAP RATE. Very Good Condition
Details
Maps
Contract Information
Original List Price: 219900
List Price/SqFt: 69.23
Status: Closed
Property Sub Type: Multi Family
Sold Price: $190,000
Current Price: $190,000
Listing Contract Date: 2013-06-16
Location
City/Town (Mail): Albany
Street Number: 246
Street Name: DELAWARE
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12209
Geo Lat: 42.643733
Geo Lon: -73.774604
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 3104
Above Grade Finished Area Source: Public Records
Living Area: 3104
Lot Size Dimensions: 45' X 125'
Lot Size Acres: 0.13
Enhanced Accessible Y/N: No
Year Built: 1951
Status Change Info
Sold Price/SqFt: 61.21
Status Change Date: 2014-02-04
Under Contract Date: 2013-10-11
Sold Date: 2014-02-04
Sold Price: $190,000
Parcel, Tax, HOA
Parcel Number: 010100 76.54-4-7
FIPS Code: 36001
Tax Annual Amount: 6613
Tax Section: 76.54
Total Taxes Description: Actual
Tax Block: 4
Tax Lot: 7
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: DELAWARE AVE
Public Remarks: 4 UNIT, SOLID BRICK. PLENTY OF PARKING - LARGE BACK LOT. FULLY RENTED WITH ALL SEPARATE UTILITIES. 4 FURNACES AND 4 HOT WATER TANKS. COIN OPERATED LAUNDRY IN THE BUILDING. WALK TO SPECTRUM THEATRE, COFFEE SHOP, CARDONAS DELI MARKET, HOUSE OF WORSHIP AND MORE. PROFORMA UNDER ASSOCIATED DOCS. 11.3% CAP RATE. Very Good Condition
Sewer
Public Sewer: 1
Architectural Style
Quads: 1
Financial Details
General Taxes: 1551
General Taxes Description: Actual
School Taxes: 4062
School Taxes Description: Actual
Cooling
None: 1
Basement
Full: 1
Lot Features
Level: 1
Construction Materials
Brick: 1
Wood Siding: 1
Possession
Possession (Legacy): @CLOSING
Showing Requirements
Lockbox: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Radiant: 1
Income And Expenses
Electric Expense: 264
Other Income: 600
Other Income Description: Actual
Electric Expense Description: Actual
Total Income: 35400
Total Income Description: Actual
Gas Expense: 264
Gas Expense Description: Actual
Insurance Expense: 1500
Insurance Expense Description: Actual
Water Sewer Expense: 0
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 8
Owner Pays
Parking Fee: 1
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 4
Number Of Stoves: 4
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1ST-FRON
Unit Available MF Unit 1: @CLOSING
Monthly Rent MF Unit 1: 800
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
Unit 1 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1ST-BACK
Unit Available MF Unit 2: @CLOSING
Monthly Rent MF Unit 2: 600
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2ND-FRON
Unit Available MF Unit 3: @CLOSING
Monthly Rent MF Unit 3: 700
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Sewer: 1
Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2ND-BACK
Unit Available MF Unit 4: @CLOSING
Monthly Rent MF Unit 4: 800
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Sewer: 1
Water: 1
Property Features
Architectural Style: Quads
Basement: Full
Construction Materials: Brick; Wood Siding
Cooling: None
Heating: Hot Water; Natural Gas; Radiant
Lot Features: Level
Owner Pays: Parking Fee
Roof: Asphalt
Sewer: Public Sewer
Showing Requirements: Lockbox
Water Source: Public
Unit 1 Owner Furnish Features: Sewer; Water
Unit 2 Owner Furnish Features: Sewer; Water
Unit 3 Owner Furnish Features: Sewer; Water
Unit 4 Owner Furnish Features: Sewer; Water
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
518-439-4943 |

