$340,000
Albany, NY 12208
MLS# 201820184
Status: Closed

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Property Description
Ideal investment within sight of Albany Medical Ctr. just a half block away. Short walking distance to Albany Law, Albany Pharmacy, Sage and Stratton VA Medical Ctr. All rents include electric and gas and could easily be increased. One available parking space rents at $50.00 per month. Well maintained building. Noted CRS square footage is likely less than actual square footage. A few long term tenants in place, likely to renew their leases. Coin-op washer & dryer in basement. ROP thru 8/23/2020. Excellent Condition
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 349900
Sold Price: $340,000
Current Price: $340,000
Listing Contract Date: 2018-05-25
List Price/SqFt: 157.9
Location
Street Number: 538
Street Name: MYRTLE
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
City/Town (Mail): Albany
Geo Lat: 42.656422
Geo Lon: -73.779903
Property Detail
Year Built: 1903
Above Grade Finished Area: 2216
Above Grade Finished Area Source: CRS
Living Area: 2216
Lot Size Dimensions: 35 x 115
Enhanced Accessible Y/N: No
Status Change Info
Status Change Date: 2018-10-04
Under Contract Date: 2018-06-20
Sold Date: 2018-10-04
Sold Price: $340,000
Sold Price/SqFt: 153.43
Financial Details
General Taxes: 4001
General Taxes Description: Estimated
School Taxes: 6524
School Taxes Description: Estimated
Possession
Possession (Legacy): Closing
Special Listing Conditions
SeniorCommunity Y/N: No Special Conditions
Income And Expenses
Other Income Description: Actual
Total Income: 48000
Total Income Description: Actual
Gas Expense: 4833
Gas Expense Description: Estimated
Insurance Expense: 2750
Insurance Expense Description: Actual
Miscellaneous Expense: 837
Miscellaneous Expense Description: Actual
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 1
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 5
Number Of Stoves: 5
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1F
Unit Available MF Unit 1: 9/1/18
Monthly Rent MF Unit 1: 825
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1R
Unit Available MF Unit 2: 5/1/19
Monthly Rent MF Unit 2: 700
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2F
Unit Available MF Unit 3: 8/1/18
Monthly Rent MF Unit 3: 795
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2R
Unit Available MF Unit 4: 11/1/18
Monthly Rent MF Unit 4: 760
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 3T
Unit Available MF Unit 5: 4/1/19
Monthly Rent MF Unit 5: 850
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Stucco; Wood Siding
Cooling: None
Heating: Hot Water; Natural Gas
Lot Features: Level; Wooded
Roof: Slate
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Occupied
Water Source: Public
Unit 1 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 3 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 4 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Water
Unit 5 Owner Furnish Features: Electricity; Heat; Hot Water; Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Listing Courtesy of CM Fox Real Estate
Listing Agent: Carmella Richards
518-861-7030 |
518-861-7030 |

