$1,750,000
Albany, NY 12208
MLS# 201512671
Status: Closed
16470 sqft
1 / 25
Property Description
Brick 30 Unit - Always Rented-great rental area. Rent Roll and Annual Expenses and Income Attached. Hardwood Floors, Marble Stairs and Tiled Halls. Great Location near Colleges between South Main and Partridge. Tenants pay for cooking gas & electric. Owner pays heat & hot water. Newer windows, newer piping, 1.25 million BTU boiler is 3 yrs old. Part owner financing for qualified buyers. 22 One Bedrooms, 6 Studios, 2 Two Bedrooms.
Details
Maps
Contract Information
Original List Price: 2200000
Offered Lease/Sqft: 106.25
List Price/SqFt: 133.58
Sold Price/SqFt: 106.25
List Price/Acres: 10000000
Sold Price/Acres: 7954545.45
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $1,750,000
Listing Contract Date: 2015-06-15
Current Price: $1,750,000
Location
City/Town (Mail): Albany
Street Number: 775
Street Name: MYRTLE
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12208
Geo Lat: 42.661903
Geo Lon: -73.788436
Property Detail
Stories: 3
Lot Size Square Feet: 9765
Zoning: Multi Residence
Lot Size Dimensions: 105.7 X 93.5
Lot Size Acres: 0.22
Building Area Total: 16470
Building Available SQFT: 16470
Main Road Frontage: 106
Enhanced Accessible Y/N: No
Year Built: 1925
Parcel, Tax, HOA
Parcel Number: 010100 64.67-2-53
FIPS Code: 36001
Tax Annual Amount: 30096
Tax Section: 64.67
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 53
Association Y/N: No
Directions & Remarks
Directions: MYRTLE BETWEEN SOUTH MAIN AND PARTRIDGE
Public Remarks: Brick 30 Unit - Always Rented-great rental area. Rent Roll and Annual Expenses and Income Attached. Hardwood Floors, Marble Stairs and Tiled Halls. Great Location near Colleges between South Main and Partridge. Tenants pay for cooking gas & electric. Owner pays heat & hot water. Newer windows, newer piping, 1.25 million BTU boiler is 3 yrs old. Part owner financing for qualified buyers. 22 One Bedrooms, 6 Studios, 2 Two Bedrooms.
Financial Details
General Taxes: 11280
General Taxes Description: Estimated
School Taxes: 18811
School Taxes Description: Actual
Seller Financing: Yes
Seller Financing Description: Some: yes/negotiable
Building Detail
Building Ceiling Height: 7
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Construction Materials
Construction Materials (Legacy): BRICK
Possession
Possession (Legacy): @CLOSING
Showing Requirements
Key: 1
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): HOT WATER
Income And Expenses
Electric Expense: 4328
Electric Expense Description: Estimated
Gas Expense: 4328
Gas Expense Description: Estimated
Insurance Expense: 9509
Insurance Expense Description: Actual
Manager Expense: 43174
Manager Expense Description: Estimated
Water Sewer Expense: 6055
Water Sewer Expense Desc.: Estimated
Parking Features
Off Street: 1
On Street: 1
Possible Use
Apartment Plus: 1
Status Change Info
Status Change Date: 2015-08-18
Under Contract Date: 2015-06-25
Sold Date: 2015-08-18
Sold Price: $1,750,000
Property Features
Parking Features: Off Street; On Street
Possible Use: Apartment Plus
Showing Requirements: Key
Special Listing Conditions: Standard
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Melissa Hems
518-439-4943 |
518-439-4943 |
