$1,925,000
Albany, NY 12207
MLS# 201701829
Status: Closed
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Property Description
Great investment opportunity, TO BE SOLD AS PACKAGE DEAL With MLS #201701824 70 Morris St, MLS #201701827 27 Lafayette St & 522-524 Broadway- 36 Units total! Broadway- Newly completely renovated 14 units plus store front in Downtown Albany's prime location. Walking distance to business, resturants, entertainment. Great rental history, very low maintenance, long term tenants. Every is new, gutted & renovated in 2012. Fully occupied. Must see! Call for details & package deal. Professional Property Management -- Superior Condition
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 3650000
Sold Price: $1,925,000
Current Price: $1,925,000
Listing Contract Date: 2017-02-02
List Price/SqFt: 243.33
Location
Street Number: 524
Street Name: BROADWAY
County: Albany
State/Province: NY
Postal Code: 12207
City/Town (Mail): Albany
Geo Lat: 42.650545
Geo Lon: -73.750416
Property Detail
Year Built: 1920
Above Grade Finished Area: 15000
Above Grade Finished Area Source: Public Records
Living Area: 15000
Lot Size Acres: 0.25
Enhanced Accessible Y/N: Yes
Status Change Info
Status Change Date: 2017-12-29
Under Contract Date: 2017-05-16
Sold Date: 2017-12-29
Sold Price: $1,925,000
Sold Price/SqFt: 128.33
Financial Details
General Taxes: 18905
General Taxes Description: Actual
Possession
Possession (Legacy): at closing
Special Listing Conditions
SeniorCommunity Y/N: Exclusive Agency Listing
Income And Expenses
Other Income: 800
Other Income Description: Actual
Total Income: 180559
Total Income Description: Actual
Gas Expense: 6280
Gas Expense Description: Actual
Insurance Expense: 6176
Insurance Expense Description: Actual
Water Sewer Expense Desc.: Actual
Unit Information
Number Of Dishwashers: 14
Number Of Dryers: 4
Number Of Refrigerators: 14
Number Of Stoves: 14
Number Of Washers: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Apt 201
Monthly Rent MF Unit 1: 875
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Apt 202
Monthly Rent MF Unit 2: 1050
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Apt 203
Monthly Rent MF Unit 3: 1025
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Apt 204
Monthly Rent MF Unit 4: 1015
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: Apt 301
Monthly Rent MF Unit 5: 915
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: Apt 302
Monthly Rent MF Unit 6: 1395
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Other
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: Apt 303
Monthly Rent MF Unit 7: 1025
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Other
Total Rooms MF Unit 7: 4
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: Apt 502
Monthly Rent MF Unit 8: 1595
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: Other
Total Rooms MF Unit 8: 5
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 2
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Brick
Cooling: Central Air
Heating: Forced Air; Natural Gas
Lot Features: Level; Other; See Remarks
Owner Pays: Trash Collection
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Occupied; Pet(s) on Premises; Other; See Remarks
Water Source: Public
Listing Courtesy of Hunt Real Estate ERA
Listing Agent: Christopher Maddalone
518-831-0300 |
518-831-0300 |
