$319,000
Albany, NY 12203
MLS# 201027210
Status: Closed
1 / 12
Property Description
Turn-key 7 unit building overlooking desirable Washington Park. Six easily rentable studio apartments, all very good condition. Tenants love the locale and building and usually stay two years plus. Garden/Bsmt unit could be updated to two bedroom (owners unit?) with access to large back yard. This building generates cash every month! Call for income worksheet. Management company says it's easy to run! Don't hesitate...call today! Excellent Condition
Details
Maps
Contract Information
Original List Price: 360000
List Price/SqFt: 122.5
Status: Closed
Property Sub Type: Multi Family
Sold Price: $319,000
Current Price: $319,000
Listing Contract Date: 2010-08-20
Location
City/Town (Mail): Albany
Street Number: 449
Street Name: STATE
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.658223
Geo Lon: -73.767804
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 2751
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 900
Living Area: 2751
Lot Size Acres: 0.46
Enhanced Accessible Y/N: No
Year Built: 1879
Status Change Info
Sold Price/SqFt: 115.96
Status Change Date: 2011-03-04
Under Contract Date: 2010-11-28
Sold Date: 2011-02-25
Sold Price: $319,000
Parcel, Tax, HOA
Parcel Number: 010100 65-1-50
FIPS Code: 36001
Tax Annual Amount: 8031
Tax Section: 65
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 50
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: State Street at Sprague Place on Washington Park
Public Remarks: Turn-key 7 unit building overlooking desirable Washington Park. Six easily rentable studio apartments, all very good condition. Tenants love the locale and building and usually stay two years plus. Garden/Bsmt unit could be updated to two bedroom (owners unit?) with access to large back yard. This building generates cash every month! Call for income worksheet. Management company says it's easy to run! Don't hesitate...call today! Excellent Condition
Sewer
Public Sewer: 1
Architectural Style
Other: 1
See Remarks: 1
Cooling
Window Unit(s): 1
Basement
Apartment: 1
Lot Features
Views: 1
Construction Materials
Brick: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Electric Expense Description: Actual
Total Income: 52920
Total Income Description: Actual
Insurance Expense: 2374
Insurance Expense Description: Actual
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 0
Owner Pays
Gas: 1
Heat: 1
Hot Water: 1
Unit Information
Number Of Refrigerators: 7
Number Of Stoves: 7
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1F
Monthly Rent MF Unit 1: 725
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 1
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1R
Unit Available MF Unit 2: Immed
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 725
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 1
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2F
Unit Available MF Unit 3: 4/11
Monthly Rent MF Unit 3: 625
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 1
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Hot Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2R
Unit Available MF Unit 4: 7/11
Monthly Rent MF Unit 4: 575
Rent Desc. MF Unit 4: Estimated
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 1
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Hot Water: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3F
Unit Available MF Unit 5: 5/11
Monthly Rent MF Unit 5: 650
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 1
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Unit 5 Owner Furnish Features
Heat: 1
Hot Water: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 3R
Unit Available MF Unit 6: Immed
Occupant Type MF Unit 6: Vacant
Monthly Rent MF Unit 6: 650
Rent Desc. MF Unit 6: Estimated
Total Rooms MF Unit 6: 1
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Unit 6 Owner Furnish Features
Heat: 1
Hot Water: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: Bsmt
Monthly Rent MF Unit 7: 525
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Month To Month
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 2
Unit 7 Owner Furnish Features
Electricity: 1
Heat: 1
Hot Water: 1
Property Features
Architectural Style: Other; See Remarks
Basement: Apartment
Construction Materials: Brick
Cooling: Window Unit(s)
Heating: Forced Air; Natural Gas
Lot Features: Views
Owner Pays: Gas; Heat; Hot Water
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied
Water Source: Public
Unit 1 Owner Furnish Features: Electricity; Heat; Hot Water
Unit 2 Owner Furnish Features: Electricity; Heat; Hot Water
Unit 3 Owner Furnish Features: Heat; Hot Water
Unit 4 Owner Furnish Features: Heat; Hot Water
Unit 5 Owner Furnish Features: Heat; Hot Water
Unit 6 Owner Furnish Features: Heat; Hot Water
Unit 7 Owner Furnish Features: Electricity; Heat; Hot Water
Listing Courtesy of KW Platform
Listing Agent: Christopher Broughton
518-724-5996 | cbro@kw.com
518-724-5996 | cbro@kw.com
