$410,000
Troy, NY 12180
MLS# 202318125
Status: Closed
9 beds
1 / 21
Property Description
This is your chance to own a great 4 Unit Rental Property with over a 10% Cap Rate! Property sits on a very nice street on the border of Troy and Brunswick. House has a great look with huge, covered porches on both levels. There is also off-street parking in the rear for 7 vehicles! All leases are in place and the monthly rent totals $4650 per month! 2 of the units have been recently remodeled and another unit has new kitchen cabinets.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Quadruplex
Original List Price: 450000
Sold Price: $410,000
Current Price: $410,000
Listing Contract Date: 2023-06-05
List Price/SqFt: 100.38
Location
Street Number: 45
Street Direction Prefix: S
Street Name: Lake Ave
County: Rensselaer
State/Province: NY
Postal Code: 12180
City/Town (Mail): Troy
Geo Lat: 42.735113
Geo Lon: -73.6586
Property Detail
Rooms Total: 11
Bedrooms Total: 9
Bathrooms Full: 4
Year Built: 1910
Above Grade Finished Area: 4483
Above Grade Finished Area Source: Public Records
Living Area: 4483
Lot Size Acres: 0.25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2023-11-14
Under Contract Date: 2023-09-24
Sold Date: 2023-11-09
Sold Price: $410,000
Sold Price/SqFt: 91.46
Financial Details
General Taxes: 11175
General Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Full Bath 4: 3rd
Income And Expenses
Rental Income: 4650
Rental Income Description: Monthly
Parking Features
Parking Total: 7
Separate Utilities
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Unit 1 Detail
Rent: 1500
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Unit 2 Detail
Rent: 1000
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 2
Unit 3 Detail
Rent: 1000
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Kitchen Unit 3: Working Only
Total Bedrooms: 1
Unit 4 Detail
Rent: 1150
Occupant Type Unit 4: Tenant
Kitchen Unit 4: Working Only
Total Bedrooms: 2
Property Features
Attic Features: Finished
Basement: Exterior Entry; Interior Entry
Construction Materials: Masonite
Cooling: None
Exterior Features: None
Fireplace Features: Bedroom
Flooring: Laminate; Tile; Wood
Heating: Forced Air; Natural Gas
Laundry Features: Gas Dryer Hookup; Washer Hookup
Levels: Three Or More
Lot Features: Level
Owner Pays: Grounds Care; Water
Parking Features: Off Street
Patio And Porch Features: Covered; Front Porch
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas
Utilities: Cable Available
Water Source: Public
Unit 3 Appliances: Range; Refrigerator; Oven
Unit 4 Appliances: Range; Refrigerator; Oven
Listing Courtesy of Hunt Real Estate ERA
Listing Agent: Layne Zagorski
518-878-7468 | laynezagorski@gmail.com
518-878-7468 | laynezagorski@gmail.com
