$205,000
Albany, NY 12206
MLS# 202510811
Status: Closed
3 beds
1 / 19
Property Description
Amazing investment opportunity in the West Hill neighborhood in City of Albany to own an updated & fully rented 3-unit property. Featuring (3) one-bedroom apts w/1 bathroom, living room, kitchen & den/office space. Great monthly cash flow of $3,125. 1st floor $925, 2nd floor $1,000 & basement $1,200. Tenants pay heat & electric. Solid building with low taxes $3,076. Each unit has been freshly painted throughout, has brand new electric baseboards, separate meters & utilities. Conveniently located close to bus lines, restaurants, grocery store, and hospitals.
Details
Maps
Documents
Contract Information
Original List Price: 219000
List Price/SqFt: 95.05
Status: Closed
Property Sub Type: Triplex
Sold Price: $205,000
Current Price: $205,000
Listing Contract Date: 2025-01-16
Location
City/Town (Mail): Albany
Cross Street: Quail
Street Number: 585
Street Name: Clinton
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.666159
Geo Lon: -73.769913
Property Detail
Rooms Total: 12
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2304
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 800
Below Grade Finished Area Source: Public Records
Living Area: 2304
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 3
Bathrooms Full: 3
Year Built: 1903
Status Change Info
Sold Price/SqFt: 88.98
Status Change Date: 2025-05-14
Under Contract Date: 2025-02-08
Sold Date: 2025-05-09
Sold Price: $205,000
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.55-1-37
Tax Annual Amount: 3076
Tax Section: 65.55
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 37.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Take exit 3 from I-787, Continue to Washington Ave. Take Central Ave to N Lake Ave, Continue on N Lake Ave. Drive to Clinton Ave
Public Remarks: Amazing investment opportunity in the West Hill neighborhood in City of Albany to own an updated & fully rented 3-unit property. Featuring (3) one-bedroom apts w/1 bathroom, living room, kitchen & den/office space. Great monthly cash flow of $3,125. 1st floor $925, 2nd floor $1,000 & basement $1,200. Tenants pay heat & electric. Solid building with low taxes $3,076. Each unit has been freshly painted throughout, has brand new electric baseboards, separate meters & utilities. Conveniently located close to bus lines, restaurants, grocery store, and hospitals.
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Financial Details
General Taxes: 2331.74
General Taxes Description: Actual
School Taxes: 745.21
School Taxes Description: Actual
Cooling
None: 1
Basement
Apartment: 1
Exterior Entry: 1
Finished: 1
Full: 1
Heated: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: Basement
Construction Materials
Brick: 1
Drywall: 1
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Vinyl: 1
Wood: 1
Showing Requirements
Lockbox: 1
Restricted Days: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Electric: 1
Income And Expenses
Rental Income: 3125
Rental Income Description: Actual
Total Income: 37500
Total Income Description: yearly
Interior Features
Solid Surface Counters: 1
Parking Features
Parking Total: 0
None: 1
Levels
Tri-Level: 1
Separate Utilities
Electric: 1
Water Meter: 1
Number Of Separate Electric Meters: 3
Number Of Separate Water Meters: 3
Tenant Pays
Cable TV: 1
Electricity: 1
Heat: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: floor 1
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 925
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: floor 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: basement
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1200
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Unit 1 Detail
Rent: 925
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Total Bedrooms: 1
Unit 2 Detail
Rent: 1000
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Tenant
Total Bedrooms: 1
Unit 3 Detail
Rent: 1200
Rent Description Unit 3: Actual
Lease Term Unit 3: 12 Months
Occupant Type Unit 3: Tenant
Total Bedrooms: 1
Property Features
Architectural Style: Traditional
Basement: Apartment; Exterior Entry; Finished; Full; Heated
Construction Materials: Brick; Drywall; Vinyl Siding
Cooling: None
Exterior Features: None
Flooring: Vinyl; Wood
Heating: Electric
Interior Features: Solid Surface Counters
Levels: Tri-Level
Parking Features: None
Possession: At Closing
Roof: Flat
Separate Utilities: Electric; Water Meter
Sewer: Public Sewer
Showing Requirements: Lockbox; Restricted Days
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Heat; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator
Documents 
Listing Courtesy of The Moffatt Group, Inc
Listing Agent: Marisa Moffatt
518-598-9824 | Marisa@MoffattRealEstate.com
518-598-9824 | Marisa@MoffattRealEstate.com
