$357,500
Troy, NY 12180
MLS# 201400399
Status: Closed
15947 sqft

1 / 16
Property Description
8 Unit multifamily apartment building converted school. 3 one bedroom apartments, 5 two bedroom apartments, original wood floors, details & hardware maintained. Coin laundry in basement. Positive cash flow NOI $40,000+ and all 8 units occupied.
Details
Maps
Contract Information
Original List Price: 425000
Offered Lease/Sqft: 22.42
List Price/SqFt: 26.65
Sold Price/SqFt: 22.42
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $357,500
Listing Contract Date: 2014-01-07
Current Price: $357,500
Location
City/Town (Mail): Troy
Street Number: 80-84
Street Name: JEFFERSON
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12180
Geo Lat: 42.721439
Geo Lon: -73.691787
Property Detail
Stories: 3
Zoning: Single Residence
Lot Size Dimensions: 6534SF
Lot Size Acres: 0
Building Area Total: 15947
Building Available SQFT: 15947
Enhanced Accessible Y/N: No
Year Built: 1890
Parcel, Tax, HOA
Parcel Number: 381700 101-12-1
FIPS Code: 36083
Tax Annual Amount: 1310
Tax Section: 101
Total Taxes Description: Estimated
Tax Block: 12
Tax Lot: 1
Association Y/N: No
Directions & Remarks
Directions: I-787 Exit 8 toward Green Island, R@23rd St, 3rd left onto 2nd Ave/Rte 32, follow 2E right onto 2E, R onto 3rd St., US-4S, left onto Jefferson.
Public Remarks: 8 Unit multifamily apartment building converted school. 3 one bedroom apartments, 5 two bedroom apartments, original wood floors, details & hardware maintained. Coin laundry in basement. Positive cash flow NOI $40,000+ and all 8 units occupied.
Financial Details
Seller Financing Description: Yes
Cooling
Air Conditioning (Legacy): No
Building Detail
Building Ceiling Height: 10
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Construction Materials
Construction Materials (Legacy): Brick
Possession
Possession (Legacy): Immediate
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): Gas Hot Air
Parking Features
Parking Total: 0
Off Street: 1
On Street: 1
Possible Use
Apartment Plus: 1
Status Change Info
Status Change Date: 2014-05-27
Under Contract Date: 2014-02-04
Sold Date: 2014-05-19
Sold Price: $357,500
Property Features
Parking Features: Off Street; On Street
Possible Use: Apartment Plus
Special Listing Conditions: Standard
Listing Courtesy of Hanna Commercial
Listing Agent: Jessica L Richer
518-364-7406 | JessicaRicher@HannaCRE.com
518-364-7406 | JessicaRicher@HannaCRE.com

