$1,050,000
Albany, NY 12010
MLS# 201701824
Status: Closed
1 / 10
Property Description
Great investment opportunity, TO BE SOLD AS PACKAGE DEAL With MLS # 70 Morris St, 522-524 Broadway & 27 Lafayette St-36 units total! Morris-Newly completly renovated 9 unit in Albany's Park South Neighborhood. Walking distance to Albany Med, Great Rental History, long term tenants, fully occupied! New Everything, completely gutted & renovated in 2011. Must see, no maintenance, Call for details & package deal. Professional Property Management Co in place. Superior Condition
Details
Maps
Contract Information
Original List Price: 3650000
List Price/SqFt: 456.25
Status: Closed
Property Sub Type: Multi Family
Sold Price: $1,050,000
Current Price: $1,050,000
Listing Contract Date: 2017-02-02
Location
City/Town (Mail): Albany
Street Number: 70
Street Name: MORRIS
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12010
Geo Lat: 42.652328
Geo Lon: -73.771194
Property Detail
Garage Spaces: 0
Above Grade Finished Area: 8000
Above Grade Finished Area Source: Public Records
Living Area: 8000
Lot Size Dimensions: 2883
Enhanced Accessible Y/N: No
Year Built: 1917
Status Change Info
Sold Price/SqFt: 131.25
Status Change Date: 2017-12-29
Under Contract Date: 2017-05-16
Sold Date: 2017-12-29
Sold Price: $1,050,000
Parcel, Tax, HOA
Parcel Number: 010100 76.31-1-52
FIPS Code: 36001
Tax Annual Amount: 4517
Tax Section: 76.31
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 52
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: Corner of Knox & Morris St
Public Remarks: Great investment opportunity, TO BE SOLD AS PACKAGE DEAL With MLS # 70 Morris St, 522-524 Broadway & 27 Lafayette St-36 units total! Morris-Newly completly renovated 9 unit in Albany's Park South Neighborhood. Walking distance to Albany Med, Great Rental History, long term tenants, fully occupied! New Everything, completely gutted & renovated in 2011. Must see, no maintenance, Call for details & package deal. Professional Property Management Co in place. Superior Condition
Sewer
Public Sewer: 1
Architectural Style
Other: 1
See Remarks: 1
Financial Details
General Taxes: 4517
General Taxes Description: Actual
Cooling
None: 1
Basement
Full: 1
Lot Features
Corner Lot: 1
Level: 1
Construction Materials
Brick: 1
Possession
Possession (Legacy): at closing
Showing Requirements
24 Hour Notice: 1
Occupied: 1
Pet(s) on Premises: 1
Other: 1
See Remarks: 1
Special Listing Conditions
SeniorCommunity Y/N: Exclusive Agency Listing
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Income And Expenses
Other Income: 700
Other Income Description: Actual
Total Income: 116560
Total Income Description: Actual
Gas Expense: 4200
Gas Expense Description: Actual
Insurance Expense: 4200
Insurance Expense Description: Actual
Water Sewer Expense: 0
Water Sewer Expense Desc.: Actual
Parking Features
Parking Total: 0
Owner Pays
Trash Collection: 1
Unit Information
Number Of Dishwashers: 9
Number Of Dryers: 1
Number Of Refrigerators: 9
Number Of Stoves: 9
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1W
Monthly Rent MF Unit 1: 975
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: 1E
Monthly Rent MF Unit 2: 895
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1S
Monthly Rent MF Unit 3: 1150
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 2
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2W
Monthly Rent MF Unit 4: 1300
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Other
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2E
Monthly Rent MF Unit 5: 1220
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: Other
Total Rooms MF Unit 5: 4
Total Bedrooms MF Unit 5: 2
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2S
Monthly Rent MF Unit 6: 1120
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Other
Total Rooms MF Unit 6: 4
Total Bedrooms MF Unit 6: 2
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 3W
Monthly Rent MF Unit 7: 1140
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: Other
Total Rooms MF Unit 7: 4
Total Bedrooms MF Unit 7: 2
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 3E
Monthly Rent MF Unit 8: 1125
Rent Desc. MF Unit 8: Actual
Lease Term MF Unit 8: Other
Total Rooms MF Unit 8: 4
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Property Features
Architectural Style: Other; See Remarks
Basement: Full
Construction Materials: Brick
Cooling: None
Heating: Forced Air; Natural Gas
Lot Features: Corner Lot; Level
Owner Pays: Trash Collection
Roof: Rubber
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 |
