$725,000
Bethlehem, NY 12054
MLS# 202129907
Status: Closed

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Property Description
Solid investment opportunity near 4 Corners of Delmar. Three buildings with seven units. All buildings must be purchased together. Four units in the 389 Delaware Ave. Building. 146 Adams is 2 units up & down. 144 Adams rented as Hair Salon. Long term tenants & easily rented. Vacant unit on 3rd floor on 389 Delaware due to sale of property. Very Good Condition
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 750000
Sold Price: $725,000
Current Price: $725,000
Listing Contract Date: 2021-10-04
List Price/SqFt: 256.5
Location
Street Number: 389
Street Name: DELAWARE
Street Suffix: Avenue
Unit Number: 389 Delaware Ave & 144-146 Ada
County: Albany
State/Province: NY
Postal Code: 12054
City/Town (Mail): Delmar
Geo Lat: 42.621767
Geo Lon: -73.834749
Property Detail
Number Of Units Total: 7
Year Built: 1951
Above Grade Finished Area: 2924
Living Area: 2924
Lot Size Dimensions: 50 x 200
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Status Change Info
Status Change Date: 2021-12-01
Under Contract Date: 2021-10-12
Sold Date: 2021-11-30
Sold Price: $725,000
Sold Price/SqFt: 247.95
Financial Details
General Taxes: 3429
General Taxes Description: Actual
School Taxes: 9101
School Taxes Description: Actual
Possession
Possession (Legacy): TBD
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Income And Expenses
Total Income: 52620
Total Income Description: Actual
Gas Expense: 3464.28
Gas Expense Description: Actual
Insurance Expense: 4554.85
Insurance Expense Description: Actual
Water Sewer Expense Desc.: Actual
Maintenance Expense: 1116
Parking Features
Parking Total: 7
Separate Utilities
Number Of Separate Electric Meters: 7
Number Of Separate Gas Meters: 3
Unit Information
Number Of Refrigerators: 6
Number Of Stoves: 6
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Unit Available MF Unit 1: no
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Unit Available MF Unit 2: no
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd
Unit Available MF Unit 3: no
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
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: 3rd
Unit Available MF Unit 4: yes
Occupant Type MF Unit 4: Vacant
Rent Desc. MF Unit 4: Estimated
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 146 Adam
Unit Available MF Unit 5: no
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2nd flr
Unit Available MF Unit 6: no
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Other
Total Rooms MF Unit 6: 6
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 144 Adam
Unit Available MF Unit 7: no
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
Property Features
Architectural Style: Apartment 4 Plus Unit; Duplex-Over/Under; Other; See Remarks
Basement: Unfinished
Construction Materials: Clapboard; Stone
Cooling: None
Flooring: Ceramic Tile; Hardwood; Vinyl
Heating: Hot Water; Natural Gas
Lot Features: Cleared; Level
Owner Pays: Gas; Heat; Hot Water; Parking Fee; Snow Removal; Trash Collection
Parking Features: Driveway; Off Street; Paved; None
Possession: At Closing
Roof: Asphalt; Rubber
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Occupied; Restricted Days; Showing Service; Sign on Property
Tenant Pays: Cable TV; Electricity; Internet
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 5 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Heat; Hot Water; Sewer; Snow Removal; Trash; Water
Unit 6 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 7 Owner Furnish Features: Sewer; Trash; Water
Listing Courtesy of Gabler Realty LLC
Listing Agent: Mary Canova
518-928-9797 | marycanova7@gmail.com
518-928-9797 | marycanova7@gmail.com

