$252,000
Albany, NY 12203
MLS# 202416422
Status: Closed
7 beds
1 / 12
Property Description
Cash Flowing 2 family located in a very strong student rental area. Updates throughout, and near public transportation, minutes from Ualbany's downtown campus, Albany med and downtown Albany. Can be packaged with a variety of 9 other nearby rental properties.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Duplex
Original List Price: 279900
Sold Price: $252,000
Current Price: $252,000
Listing Contract Date: 2024-05-02
List Price/SqFt: 135.09
Location
Street Number: 721
Street Name: State
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Geo Lat: 42.664077
Geo Lon: -73.778036
Property Detail
Rooms Total: 11
Bedrooms Total: 7
Bathrooms Full: 2
Year Built: 1929
Above Grade Finished Area: 2072
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 2072
Zoning: Multi Residence
Lot Size Dimensions: 25x75
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Status Change Info
Status Change Date: 2024-12-16
Under Contract Date: 2024-10-14
Sold Date: 2024-12-06
Sold Price: $252,000
Sold Price/SqFt: 121.62
Financial Details
General Taxes: 2611.28
General Taxes Description: Estimated
School Taxes: 4146.18
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Income And Expenses
Rental Income: 3040
Rental Income Description: Estimated
Total Income: 36480
Total Income Description: annual
Insurance Expense: 1400
Insurance Expense Description: Actual
Water Sewer Expense: 1000
Water Sewer Expense Desc.: Estimated
Maintenance Expense: 2000
Separate Utilities
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Unit Information
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st fl
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1440
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 6
Total Bedrooms MF Unit 1: 3
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 1440
Rent Description Unit 1: Actual
Lease Term Unit 1: 12 Months
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Bedrooms: 3
Bedrooms on 1st Floor: 3
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd fl
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1600
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 7
Total Bedrooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 1600
Rent Description Unit 2: Actual
Lease Term Unit 2: 12 Months
Occupant Type Unit 2: Tenant
Kitchen Unit 2: Eat In
Total Bedrooms: 4
Bedrooms on 2nd Floor: 4
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch
Basement: Full
Construction Materials: Wood Siding
Duplex Type: Up And Down
Electric: Circuit Breakers
Exterior Features: None
Flooring: Tile; Vinyl; Wood
Heating: Hot Water; Natural Gas
Interior Features: Stone Countertops
Levels: Two
Listing Terms: Cash
Lot Features: Level
Owner Pays: Sewer; Trash Collection; Water
Possession: At Closing
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Showing Service
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water
Utilities: Cable Available
Water Source: Public
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 2 Appliances: Range; Refrigerator; Oven
CO 
Listing Courtesy of Re Max Solutions
Listing Agent: David M Schrepper
518-720-3400 |
518-720-3400 |
