561 Park Avenue, Albany, NY 12208 (MLS# 202413097)


$477,000
561 Park Avenue
Albany, NY 12208
MLS# 202413097
Status: Closed
7 beds


4 unit with parking lot!
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4 unit with parking lot! Photo 25 Photo 2 1 1 5 4 2 3 6 7 8 Photo 22 13 12 IMG_1247 Two of the apartments have front enclosed porches. 2 3 4 5 6 7 7b Walk in cedar closet. 8 9 10 11 13 14 15 This apartment has 1.5 baths! 16 17 2 3 4 IMG_1261 IMG_1264 IMG_1265 1b This basement apartment is rented currently. Photo 18 IMG_1269 IMG_1270 IMG_1274 IMG_1277 IMG_1278 Photo 24 Photo 23 18 1

Property Description
Fully rented, 4 legal units/5 paved marked parking places/4 gas boilers. Immaculately maintained. Prime location (medical students/residents) Between Alb Med & St. Peter's hospitals. Owner only pays for hot water and basement tenant's heat; all other utilities separate. Beautiful hardwood floors & woodwork. Newer windows. See associated docs for permits, etc. Side & rear entries for some units. No pets in any unit. One of the units has 1.5 baths w/ cedar closet. 2 apartments have front enclosed porches. Rents should be higher. Excellent condition.

Details
Maps
Documents
Contract Information
Original List Price: 469900
List Price/SqFt: 174.04
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $477,000
Current Price: $477,000
Listing Contract Date: 2024-03-07
Location
City/Town (Mail): Albany
Cross Street: South Lake
Street Number: 561
Street Name: Park
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.656625
Geo Lon: -73.780973
Property Detail
Rooms Total: 19
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 2700
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 1080
Below Grade Finished Area Source: CRS
Living Area: 2700
Fireplaces Total: 0
Lot Size Dimensions: 34 x 115.5
Lot Size Acres: 0.09
Main Road Frontage: 34
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 7
Bathrooms Full: 4
Year Built: 1900
Status Change Info
Sold Price/SqFt: 176.67
Status Change Date: 2024-05-16
Under Contract Date: 2024-03-12
Sold Date: 2024-05-16
Sold Price: $477,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.77-2-59 01
Tax Annual Amount: 8873
Tax Section: 65.77
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 59.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: GPS
Public Remarks: Fully rented, 4 legal units/5 paved marked parking places/4 gas boilers. Immaculately maintained. Prime location (medical students/residents) Between Alb Med & St. Peter's hospitals. Owner only pays for hot water and basement tenant's heat; all other utilities separate. Beautiful hardwood floors & woodwork. Newer windows. See associated docs for permits, etc. Side & rear entries for some units. No pets in any unit. One of the units has 1.5 baths w/ cedar closet. 2 apartments have front enclosed porches. Rents should be higher. Excellent condition.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
100 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 3494
General Taxes Description: Actual
School Taxes: 5379
School Taxes Description: Actual
Cooling
None: 1
Basement
Apartment: 1
Finished: 1
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: Basement
Half Bath 1: 2nd
Lot Features
Landscaped: 1
Level: 1
Construction Materials
Cedar: 1
Door Features
French Doors: 1
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Showing Requirements
Lockbox: 1
Occupied: 1
Other: 1
Special Listing Conditions
Standard: 1
Roof
Asphalt: 1
Metal: 1
Rubber: 1
Shingle: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Radiant: 1
Income And Expenses
Rental Income: 50580
Rental Income Description: Actual
Total Income: 50580
Gas Expense: 1023
Gas Expense Description: Actual
Insurance Expense: 1958
Insurance Expense Description: Actual
Water Sewer Expense: 0
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 4
Paved: 1
Patio And Porch Features
Enclosed: 1
Front Porch: 1
Rear Porch: 1
Owner Pays
Trash Collection: 1
Water: 1
Levels
Quad-Level: 1
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Separate Utilities
Gas: 1
Heat: 1
Water Meter: 1
Other: 1
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Unit Information
Number Of Air Conditoners: 1
Number Of Dishwashers: 3
Number Of Refrigerators: 4
Number Of Stoves: 4
Unit 1 Detail
Rent: 800
Rent Description Unit 1: Actual
Total Bedrooms: 1
Bedrooms In Basement: 1
Total Full Baths: 1
Full Baths In Basement: 1
Unit 2 Detail
Rent: 1115
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 3 Detail
Rent: 1300
Total Rooms Unit 3: 6
Total Bedrooms: 3
Bedrooms on 2nd Floor: 3
Total Full Baths: 1
Full Baths 2nd Floor: 1
Total Half Baths: 1
Partial Baths 1st Floor: 1
Unit 4 Detail
Rent: 1100
Total Bedrooms: 2
Bedrooms on 3rd Floor: 1
Total Full Baths: 1
Property Features
Architectural Style: Traditional
Basement: Apartment; Finished; Full
Construction Materials: Cedar
Cooling: None
Door Features: French Doors
Electric: 100 Amp Service
Exterior Features: None
Fencing: None
Flooring: Hardwood
Heating: Hot Water; Natural Gas; Radiant
Levels: Quad-Level; Three Or More
Lot Features: Landscaped; Level
Owner Pays: Trash Collection; Water
Parking Features: Paved
Patio And Porch Features: Enclosed; Front Porch; Rear Porch
Possession: At Closing
Roof: Asphalt; Metal; Rubber; Shingle
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Gas; Heat; Water Meter; Other
Sewer: Public Sewer
Showing Requirements: Lockbox; Occupied; Other
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat
Water Source: Public

IDX
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
Source MLS Verified

Information deemed reliable but not guaranteed.