$375,000
Albany, NY 12208
MLS# 202428645
Status: Closed
6 beds
1 / 44
Property Description
Large 2-family on corner lot walking distance to Albany Med and Law, College of Pharmacy, and Sage as well as busy strip of New Scotland Ave with multiple restaurants. This is a great opportunity for an investor or someone looking for an owner-occupied property. 1st floor is rented through 5/25 and 2nd is month to month. Building has yearly gross income of $41,100, but rents could be higher. Laundry located in basement it is partially finished with potential to be turned into a 3rd unit. Huge unfinished attic with high ceilings could be additional unit. Both units are 3 bed/1 bath w/separate utilities. Hardwood floors, original details, and updates throughout. Attached 2.5 car garage with spacious roof deck under a new rubber roof Oct '24, plus a 2-car driveaway..
Details
Maps
Contract Information
Original List Price: 364500
List Price/SqFt: 123.31
Status: Closed
Property Sub Type: Duplex
Sold Price: $375,000
Current Price: $375,000
Listing Contract Date: 2024-11-05
Location
City/Town (Mail): Albany
Cross Street: Myrtle Ave
Street Number: 296
Street Name: Quail
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.657666
Geo Lon: -73.781288
Property Detail
Rooms Total: 14
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 2956
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2956
Zoning: Multi Residence
Lot Size Dimensions: 25x110
Lot Size Acres: 0.06
Main Road Frontage: 25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 6
Bathrooms Full: 2
Year Built: 1910
Status Change Info
Sold Price/SqFt: 126.86
Status Change Date: 2025-01-16
Under Contract Date: 2024-11-12
Sold Date: 2025-01-15
Sold Price: $375,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.77-2-4
Tax Annual Amount: 7782
Tax Section: 65.77
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 4.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: New Scotland or Madison Ave to Quail St, on corner of Quail and Myrtle
Public Remarks: Large 2-family on corner lot walking distance to Albany Med and Law, College of Pharmacy, and Sage as well as busy strip of New Scotland Ave with multiple restaurants. This is a great opportunity for an investor or someone looking for an owner-occupied property. 1st floor is rented through 5/25 and 2nd is month to month. Building has yearly gross income of $41,100, but rents could be higher. Laundry located in basement it is partially finished with potential to be turned into a 3rd unit. Huge unfinished attic with high ceilings could be additional unit. Both units are 3 bed/1 bath w/separate utilities. Hardwood floors, original details, and updates throughout. Attached 2.5 car garage with spacious roof deck under a new rubber roof Oct '24, plus a 2-car driveaway..
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Fencing
None: 1
Financial Details
General Taxes Description: Actual
School Taxes: 4887.26
School Taxes Description: Actual
Attic Features
Expansion: 1
Full: 1
Storage: 1
Walk-Up: 1
Windows: 1
Listing Terms
Cash: 1
Basement
Bath/Stubbed: 1
Exterior Entry: 1
Full: 1
Sump Pump: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Corner Lot: 1
Construction Materials
Asbestos: 1
Brick: 1
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Pet(s) on Premises: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Roof
Asphalt: 1
Rubber: 1
View
City: 1
Water Source
Public: 1
Foundation Details
Concrete Perimeter: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 41000
Rental Income Description: Yearly
Total Income: 41000
Total Income Description: Rents
Interior Features
Built-in Features: 1
Ceramic Tile Bath: 1
Crown Molding: 1
High Speed Internet: 1
Paddle Fan: 1
Laundry Features
In Basement: 1
Upper Level: 1
Washer Hookup: 1
Parking Features
Parking Total: 4
Attached: 1
Driveway: 1
Garage: 1
Off Street: 1
Patio And Porch Features
Deck: 1
Enclosed: 1
Front Porch: 1
Rear Porch: 1
Screened: 1
Owner Pays
Internet: 1
Sewer: 1
Water: 1
Levels
Two: 1
Security Features
Carbon Monoxide Detector(s): 1
Secured Garage/Parking: 1
Smoke Detector(s): 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Window Features
Screens: 1
Storm Window(s): 1
Wood Frames: 1
Unit Information
Number Of Dishwashers: 1
Number Of Dryers: 1
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Unit Available MF Unit 1: 6/1/25
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1750
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: 1
Unit 1 Owner Furnish Features
Internet: 1
Sewer: 1
Snow Removal: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Storage: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd flr
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1675
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Internet: 1
Sewer: 1
Snow Removal: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Storage: 1
Stove: 1
Washer Hookup: 1
Unit 1 Detail
Rent: 1750
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
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: 1675
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Dining Rooms 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Unit 1 Dining Room Type
Formal Dining Room: 1
Unit 1 Appliances
Dishwasher: 1
Disposal: 1
Range: 1
Refrigerator: 1
Unit 1 Amenities
Bay Window(s): 1
Built-in Features: 1
Cable Available: 1
Ceramic Tile: 1
Crown Molding: 1
High Speed Internet: 1
Unit 2 Dining Room Type
Formal Dining Room: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Amenities
Built-in Features: 1
Cable Available: 1
Ceramic Tile: 1
Crown Molding: 1
High Speed Internet: 1
Property Features
Architectural Style: Traditional
Attic Features: Expansion; Full; Storage; Walk-Up; Windows
Basement: Bath/Stubbed; Exterior Entry; Full; Sump Pump; Walk-Out Access
Construction Materials: Asbestos; Brick; Vinyl Siding
Duplex Type: Up And Down
Exterior Features: None
Fencing: None
Flooring: Ceramic Tile; Hardwood; Laminate
Foundation Details: Concrete Perimeter
Heating: Hot Water; Natural Gas
Interior Features: Built-in Features; Ceramic Tile Bath; Crown Molding; High Speed Internet; Paddle Fan
Laundry Features: In Basement; Upper Level; Washer Hookup
Levels: Two
Listing Terms: Cash
Lot Features: Corner Lot
Owner Pays: Internet; Sewer; Water
Parking Features: Attached; Driveway; Garage; Off Street
Patio And Porch Features: Deck; Enclosed; Front Porch; Rear Porch; Screened
Possession: At Closing; Subject To Tenant Rights
Roof: Asphalt; Rubber
Security Features: Carbon Monoxide Detector(s); Secured Garage/Parking; Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Pet(s) on Premises; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water
Utilities: Cable Connected
Window Features: Screens; Storm Window(s); Wood Frames
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Dishwasher; Kitchen; Living Room; Storage; Stove
Unit 1 Owner Furnish Features: Internet; Sewer; Snow Removal; Water
Unit 1 Dining Room Type: Formal Dining Room
Unit 1 Appliances: Dishwasher; Disposal; Range; Refrigerator
Unit 1 Amenities: Bay Window(s); Built-in Features; Cable Available; Ceramic Tile; Crown Molding; High Speed Internet
Unit 2 Owner Furnish Features: Internet; Sewer; Snow Removal; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 2 Dining Room Type: Formal Dining Room
Unit 2 Appliances: Range; Refrigerator
Unit 2 Amenities: Built-in Features; Cable Available; Ceramic Tile; Crown Molding; High Speed Internet
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: James A McClenaghan
518-573-7284 | jamesmcclenaghan@howardhanna.com
518-573-7284 | jamesmcclenaghan@howardhanna.com
