$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
Original List Price: 289900
List Price/SqFt: 131.77
Status: Closed
Property Sub Type: Duplex
Sold Price: $275,000
Current Price: $275,000
Listing Contract Date: 2024-01-11
Location
City/Town (Mail): Albany
Cross Street: Ontario
Street Number: 515
Street Name: Hamilton
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.662061
Geo Lon: -73.781844
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2200
Above Grade Finished Area Source: Public Records
Parking Y/N: No
Below Grade Finished Area: 0
Living Area: 2200
Fireplaces Total: 0
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
Bedrooms Total: 8
Bathrooms Full: 2
Year Built: 1920
Status Change Info
Sold Price/SqFt: 125
Status Change Date: 2024-03-27
Under Contract Date: 2024-02-13
Sold Date: 2024-03-22
Sold Price: $275,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.61-3-62
Tax Annual Amount: 4626.81
Tax Section: 65.61
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 62.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Madison Ave heading downtown to a left onto Partridge and right onto Hamilton.
Public Remarks: 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.
Sewer
Public Sewer: 1
Architectural Style
Duplex-Over/Under: 1
Electric
100 Amp Service: 1
Financial Details
General Taxes: 1941
General Taxes Description: Actual
School Taxes: 2741
School Taxes Description: Actual
Attic Features
None: 1
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Lot Features
Level: 1
Construction Materials
Wood Siding: 1
Possession
At Closing: 1
Exterior Features
None: 1
Duplex Type
Up And Down: 1
Flooring
Ceramic Tile: 1
Hardwood: 1
Laminate: 1
Showing Requirements
Key: 1
Lockbox: 1
Showing Service: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Rolled/Hot Mop: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Baseboard: 1
Hot Water: 1
Income And Expenses
Rental Income: 4000
Rental Income Description: Estimated
Total Income: 48000
Interior Features
Ceramic Tile Bath: 1
Laundry Features
In Basement: 1
Parking Features
Parking Total: 0
Patio And Porch Features
Front Porch: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Internet: 1
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
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 1 Amenities
Ceramic Tile: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Amenities
Ceramic Tile: 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
518-330-4209 | dmschrepper@gmail.com
518-330-4209 | dmschrepper@gmail.com
