40-42 Ontario Street, Albany, NY 12206 (MLS# 202211415)

$385,000
40-42 Ontario Street
Albany, NY 12206
MLS# 202211415
Status: Closed
12 beds  |  8820 sqft
front
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front 0 Front 2 0 Front 3 0 Front 4 0 Front 5 0 Front 6 0 Front 7 0 Unit 40 Entry 1 0 Unit 40 Entry 2 1 Unit 40 Up 1 1 Unit 40 Up 2 1 Unit 40 Up 3 1 Unit 40 Up 4 1 Unit 40 Up 5 1 Unit 40 Up 6 1 Unit 40 Up 7 1 Unit 40 Up 8 1 Unit 40 Up 9 1 Unit 40 Up 10 1 Unit 40 Up 11 1 Unit 40 Up 12 1 Unit 40 Up 13 1 Unit 40 Up 14 1 Unit 40 Up 15 1 Unit 40 Up 16 2 Unit 40 Down 1 2 Unit 40 Down 2 2 Unit 40 Down 3 2 Unit 40 Down 4 2 Unit 40 Down 5 2 Unit 40 Down 6 2 Unit 40 Down 7 2 Unit 40 Down 8 2 Unit 40 Down 9 2 Unit 40 Down 10 2 Unit 40 Down 11 2 Unit 40 Down 12 3 Unit 40 Garden 5 3 Unit 40 Garden 6 4 Unit 42 Up 1 4 Unit 42 Up 2 4 Unit 42 Up 3 4 Unit 42 Up 4 4 Unit 42 Up 5 4 Unit 42 Up 6 4 Unit 42 Up 7 4 Unit 42 Up 8 4 Unit 42 Up 9 4 Unit 42 Up 10 5 Unit 42 Down 1 5 Unit 42 Down 2 5 Unit 42 Down 3 5 Unit 42 Down 5 5 Unit 42 Down 7 5 Unit 42 Down 8 5 Unit 42 Down 9 5 Unit 42 Down 10 6 Unit 42 Garden 1 6 Unit 42 Garden 2 6 Unit 42 Garden 3 6 Unit 42 Garden 4 6 Unit 42 Garden 5 6 Unit 42 Garden 6 6 Unit 42 Garden 7 6 Unit 42 Garden 8 6 Unit 42 Garden 9 6 Unit 42 Garden 10 IMG-5295 IMG-5296 IMG-5297 IMG-5298 IMG-5301 Yard 1 Yard 5 Yard 2 Yard 3 Yard 4 Yard 6

Property Description
Cash-cow 6 Unit Investment Opportunity or Owner Occupy and Live for Free. Each Unit has been updated, with 90% furnaces and mostly granite kitchens. 2 Bedrooms throughout. Tenants Pay Own Utilities. Coin Operated Washer and Dryer. 61K gross income, super Low Taxes Only $5,663 Combined. All Tenants Month to Month, and paying! Newer Rubber Roofs on Both Bldgs. Showings to Begin Saturday 2/5.

Details
Maps
Documents
Contract Information
Original List Price: 369000
List Price/SqFt: 41.84
Status: Closed
Property Sub Type: Multi Family
Sold Price: $385,000
Current Price: $385,000
Listing Contract Date: 2022-02-02
Location
City/Town (Mail): Albany
Street Number: 40-42
Street Name: Ontario
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.670376
Geo Lon: -73.771467
Property Detail
Number Of Units Total: 6
Rooms Total: 24
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 8820
Parking Y/N: No
Building Area Total: 8820
Living Area: 8820
Zoning: Multi Residence
Lot Size Acres: 0.1
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 12
Bathrooms Full: 6
Year Built: 1890
Status Change Info
Sold Price/SqFt: 43.65
Status Change Date: 2022-04-01
Under Contract Date: 2022-02-07
Sold Date: 2022-03-02
Sold Price: $385,000
Parcel, Tax, HOA
Parcel Number: 65-1-2 & 65-1-3
Tax Annual Amount: 5663
Total Taxes Description: Estimated
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Central Ave to Ontario St
Public Remarks: Cash-cow 6 Unit Investment Opportunity or Owner Occupy and Live for Free. Each Unit has been updated, with 90% furnaces and mostly granite kitchens. 2 Bedrooms throughout. Tenants Pay Own Utilities. Coin Operated Washer and Dryer. 61K gross income, super Low Taxes Only $5,663 Combined. All Tenants Month to Month, and paying! Newer Rubber Roofs on Both Bldgs. Showings to Begin Saturday 2/5.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
Fencing
Back Yard: 1
Financial Details
General Taxes: 2555
General Taxes Description: Estimated
School Taxes: 3108
School Taxes Description: Estimated
Basement
Full: 1
Construction Materials
Brick: 1
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Ceramic Tile: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Rubber: 1
Other: 1
Water Source
Public: 1
Heating
Electric: 1
Forced Air: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 5115
Rental Income Description: Actual
Parking Features
None: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Tenant Pays
Electricity: 1
Heat: 1
Hot Water: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Garden
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 825
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Fl
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 840
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd fl
Unit Available MF Unit 3: Now
Occupant Type MF Unit 3: Vacant
Monthly Rent MF Unit 3: 975
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Trash: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Garden
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 700
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Trash: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1st
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 875
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Month To Month
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Trash: 1
Unit 5 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3rd
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 900
Rent Desc. MF Unit 6: Estimated
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Trash: 1
Unit 6 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Full
Construction Materials: Brick
Exterior Features: Other
Fencing: Back Yard
Flooring: Ceramic Tile; Vinyl
Heating: Electric; Forced Air; Hot Water; Natural Gas
Parking Features: None
Possession: At Closing
Roof: Rubber; Other
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox
Special Listing Conditions: Standard
Tenant Pays: Electricity; Heat; Hot Water
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Trash
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Owner Furnish Features: Trash
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Trash
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Trash
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
IDX
Listing Courtesy of Gucciardo Real Estate LLC
Listing Agent: Jessica E Celeone
518-221-9079 |
Source MLS Verified

Information deemed reliable but not guaranteed.

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