$500,000
Watervliet, NY 12189
MLS# 202524790
Status: Closed
8 beds
1 / 50
Property Description
An exceptional opportunity to own a proven income producing four-family with timeless character and smart updates. Sun filled rooms, gleaming hardwood floors, and beautiful high ceilings create a warm and spacious feel throughout.The building features a newer roof, and mechanicals including three furnaces and two water heaters are about six years old. Additionally, building 317 showcases remodeled kitchens and baths. Newer appliances and thoughtful features make these apartments ones tenants are happy to call home. A fenced backyard adds outdoor appeal, while ample on-street parking ensures convenience. Ideally located near Albany, Latham, and major routes east and west, this property is a strong investment opportunity with the option to owner occupy or seamlessly expand your portfolio. Showings start on Sunday Open house, 8/31 11AM-2PM **Multiple offers** Best and final due by 9PM Wednesday, 9/3
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 460000
Sold Price: $500,000
Current Price: $500,000
Listing Contract Date: 2025-08-28
List Price/SqFt: 109.89
Location
Street Number: 317-319
Street Name: 16th
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12189
City/Town (Mail): Watervliet
Geo Lat: 42.728478
Geo Lon: -73.703826
Property Detail
Rooms Total: 24
Bedrooms Total: 8
Bathrooms Full: 4
Year Built: 1940
Above Grade Finished Area: 4186
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 4186
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2025-11-06
Under Contract Date: 2025-09-04
Sold Date: 2025-11-04
Sold Price: $500,000
Sold Price/SqFt: 119.45
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 1st
Full Bath 4: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 5000
Rental Income Description: Monthly
Total Income: 60000
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 2 Detail
Rent: 1500
Rent Description Unit 2: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 3 Detail
Rent: 1000
Rent Description Unit 3: Actual
Total Bedrooms: 2
Total Full Baths: 1
Unit 4 Detail
Rent: 1000
Rent Description Unit 4: Actual
Total Bedrooms: 2
Total Full Baths: 1
Property Features
Architectural Style: Other
Attic Features: None
Basement: Full
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service
Exterior Features: Garden
Fireplace Features: Other
Flooring: Ceramic Tile; Hardwood; Vinyl
Heating: Forced Air
Interior Features: High Speed Internet; Solid Surface Counters
Laundry Features: Laundry Room; Main Level; Upper Level; Other
Lot Features: Cleared; Landscaped; Level
Owner Pays: Sewer; Trash Collection; Water
Parking Features: None
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 1 Dining Room Type: Dining Area
Unit 1 Appliances: Dryer; Range; Washer; Refrigerator
Unit 2 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Dryer; Range; Washer; Refrigerator
Unit 3 Owner Furnish Features: Sewer; Trash; Water
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Dryer; Range; Washer; Refrigerator
Unit 4 Owner Furnish Features: Sewer; Trash; Water
Unit 4 Dining Room Type: Dining Area
Unit 4 Appliances: Dryer; Range; Washer; Refrigerator
Other 
Listing Courtesy of Monticello
Listing Agent: Nirisa Adams
518-526-3440 | nirisa.adams@gmail.com
518-526-3440 | nirisa.adams@gmail.com
