$283,000
Albany, NY 12205
MLS# 201419305
Status: Closed
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Property Description
All brick 5 unit w/ well established tavern/bar with parking lot (only opened 3 nights per week) & extra wooded lot for potential parking-up to 15 cars (55 N. Lake Ave. SBL 65.62-1-37). Great money maker. Owner pays heat (very inexpensive $4K approx./yr). Tenants pay own cooking gas & electric. Tavern has central air. This building is also in the process of being contracted w/ a cell phone company for tower @ roof w/ a potential of $1,800 per month to owner. Important documents attached to the MLS. Very Good Condition
Details
Maps
Contract Information
Original List Price: 289000
List Price/SqFt: 90.31
Status: Closed
Property Sub Type: Multi Family
Sold Price: $283,000
Current Price: $283,000
Listing Contract Date: 2014-09-10
Location
City/Town (Mail): Albany
Street Number: 455
Street Name: WASHINGTON
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.662532
Geo Lon: -73.772827
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 3200
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 1000
Living Area: 3200
Lot Size Acres: 0.2
Enhanced Accessible Y/N: No
Year Built: 1925
Status Change Info
Sold Price/SqFt: 88.44
Status Change Date: 2014-12-24
Under Contract Date: 2014-09-24
Sold Date: 2014-12-23
Sold Price: $283,000
Parcel, Tax, HOA
Parcel Number: 010100 65.62-1-38
FIPS Code: 36001
Tax Annual Amount: 9000
Tax Section: 65.62
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 38
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: Corner of Washington & North Lake
Public Remarks: All brick 5 unit w/ well established tavern/bar with parking lot (only opened 3 nights per week) & extra wooded lot for potential parking-up to 15 cars (55 N. Lake Ave. SBL 65.62-1-37). Great money maker. Owner pays heat (very inexpensive $4K approx./yr). Tenants pay own cooking gas & electric. Tavern has central air. This building is also in the process of being contracted w/ a cell phone company for tower @ roof w/ a potential of $1,800 per month to owner. Important documents attached to the MLS. Very Good Condition
Sewer
Public Sewer: 1
Architectural Style
Other: 1
See Remarks: 1
Cooling
None: 1
Listing Terms
Seller Financing: 1
Basement
Full: 1
Lot Features
Level: 1
Construction Materials
Brick: 1
Possession
Possession (Legacy): To be determined
Showing Requirements
Key: 1
Lockbox: 1
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Electric Expense: 2000
Electric Expense Description: Estimated
Total Income: 54900
Gas Expense: 2000
Gas Expense Description: Estimated
Insurance Expense: 4600
Insurance Expense Description: Estimated
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 15
Owner Pays
Heat: 1
Hot Water: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1 Fl Bar
Unit Available MF Unit 1: TBD
Monthly Rent MF Unit 1: 1600
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 3
Total Half Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2 Front
Unit Available MF Unit 2: TBD
Monthly Rent MF Unit 2: 800
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Heat: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2 Back
Unit Available MF Unit 3: TBD
Monthly Rent MF Unit 3: 775
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3 Front
Unit Available MF Unit 4: TBD
Monthly Rent MF Unit 4: 700
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Heat: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3 Back
Unit Available MF Unit 5: TBD
Monthly Rent MF Unit 5: 700
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
Heat: 1
Sewer: 1
Trash: 1
Water: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: Parking
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Brick
Cooling: None
Heating: Hot Water; Natural Gas
Listing Terms: Seller Financing
Lot Features: Level
Owner Pays: Heat; Hot Water
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: Key; Lockbox
Water Source: Public
Unit 1 Owner Furnish Features: Sewer; Trash; Water
Unit 2 Owner Furnish Features: Heat; Sewer; Trash; Water
Unit 3 Owner Furnish Features: Heat; Sewer; Trash; Water
Unit 4 Owner Furnish Features: Heat; Sewer; Trash; Water
Unit 5 Owner Furnish Features: Heat; Sewer; Trash; Water
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
518-439-4943 |
