$275,000
Albany, NY 12203
MLS# 202410467
Status: Closed
8 beds
1 / 8
Property Description
Excellent cash cow to add to an existing portfolio or the new investor. Great student rental with excellent rental history! 8 bedrooms total bringing in 2000.00 per month per unit. Updates throughout, new roof 2023. Great ROI. First floor currently vacant and ready to be rented for next school year. Easy to show.
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 289900
Sold Price: $275,000
Current Price: $275,000
Listing Contract Date: 2024-01-11
List Price/SqFt: 131.77
Location
Street Number: 515
Street Name: Hamilton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Cross Street: Ontario
Geo Lat: 42.662061
Geo Lon: -73.781844
Property Detail
Rooms Total: 12
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1920
Above Grade Finished Area: 2200
Above Grade Finished Area Source: Public Records
Living Area: 2200
Zoning: Multi Residence
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Family Room Y/N (Units): Neither Units
Parking Y/N: No
Status Change Info
Status Change Date: 2024-03-27
Under Contract Date: 2024-02-13
Sold Date: 2024-03-22
Sold Price: $275,000
Sold Price/SqFt: 125
Financial Details
General Taxes: 1941
General Taxes Description: Actual
School Taxes: 2741
School Taxes Description: Actual
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Income And Expenses
Rental Income: 4000
Rental Income Description: Estimated
Total Income: 48000
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 2
Number Of Stoves: 2
Number Of Washers: 1
Unit 1 Detail
Rent: 2000
Rent Description Unit 1: Estimated
Lease Term Unit 1: Other
Occupant Type Unit 1: Vacant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 6
Total Bedrooms: 4
Bedrooms on 1st Floor: 4
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Unit 2 Detail
Rent: 1800
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Property Features
Architectural Style: Duplex-Over/Under
Attic Features: None
Basement: Full
Construction Materials: Wood Siding
Cooling: None
Duplex Type: Up And Down
Electric: 100 Amp Service
Exterior Features: None
Flooring: Ceramic Tile; Hardwood; Laminate
Foundation Details: Brick/Mortar
Heating: Baseboard; Hot Water
Interior Features: Ceramic Tile Bath
Laundry Features: In Basement
Levels: Two
Lot Features: Level
Owner Pays: Sewer; Trash Collection; Water
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Flat; Rolled/Hot Mop
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: Key; Lockbox; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Internet
Water Source: Public
Unit 1 Dining Room Type: None
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 1 Amenities: Ceramic Tile
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 2 Amenities: Ceramic Tile
Listing Courtesy of Re Max Solutions
Listing Agent: David M Schrepper
518-720-3400 |
518-720-3400 |
