$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
Original List Price: 450000
List Price/SqFt: 100.38
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $410,000
Current Price: $410,000
Listing Contract Date: 2023-06-05
Location
City/Town (Mail): Troy
Street Number: 45
Street Direction Prefix: S
Street Name: Lake Ave
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.735113
Geo Lon: -73.6586
Property Detail
Rooms Total: 11
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4483
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Living Area: 4483
Lot Size Acres: 0.25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 9
Bathrooms Full: 4
Year Built: 1910
Status Change Info
Sold Price/SqFt: 91.46
Status Change Date: 2023-11-14
Under Contract Date: 2023-09-24
Sold Date: 2023-11-09
Sold Price: $410,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 381700101.43-5-3
Tax Annual Amount: 13058
Total Taxes Description: Actual
School District: Troy
Association Y/N: No
Directions & Remarks
Directions: Hoosick St to S Lake Ave
Public Remarks: 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.
Sewer
Public Sewer: 1
Financial Details
General Taxes: 11175
General Taxes Description: Actual
Attic Features
Finished: 1
Cooling
None: 1
Basement
Exterior Entry: 1
Interior Entry: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 2nd
Full Bath 4: 3rd
Lot Features
Level: 1
Construction Materials
Masonite: 1
Possession
At Closing: 1
Exterior Features
None: 1
Fireplace Features
Bedroom: 1
Flooring
Laminate: 1
Tile: 1
Wood: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Rental Income: 4650
Rental Income Description: Monthly
Laundry Features
Gas Dryer Hookup: 1
Washer Hookup: 1
Parking Features
Parking Total: 7
Off Street: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Owner Pays
Grounds Care: 1
Water: 1
Levels
Three Or More: 1
Separate Utilities
Electric: 1
Gas: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
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 3 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 4 Detail
Rent: 1150
Occupant Type Unit 4: Tenant
Kitchen Unit 4: Working Only
Total Bedrooms: 2
Unit 4 Appliances
Range: 1
Refrigerator: 1
Oven: 1
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
