$113,000
Albany, NY 12202
MLS# 201710798
Status: Closed

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Property Description
Owner occupied three family in Mansion District. Three 1-bedroom units; penthouse owners unit with sun-porch! Well maintained -- owner renovated in 1985. Bright sunny units, and garden level with walk-out to back yard and private parking. Great income producing building (call for Cap-Rate worksheet) - rent all three or owner occupy! Roof one year old, new furnace, new hot water heaters. Steady long-term tenants. Building needs very little -- but plan on cement work and paint of front. Short walk to capital! Very Good Condition
Details
Maps
Contract Information
Original List Price: 110000
List Price/SqFt: 44.72
Status: Closed
Property Sub Type: Multi Family
Sold Price: $113,000
Current Price: $113,000
Listing Contract Date: 2017-06-05
Location
Postal Code +4: 1705
City/Town (Mail): Albany
Street Number: 86
Street Name: GRAND
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
Subdivision: Mansion District
Geo Lat: 42.64552
Geo Lon: -73.75678
Property Detail
Above Grade Finished Area: 2460
Above Grade Finished Area Source: CRS
Living Area: 2460
Lot Size Dimensions: 19 x 88
Lot Size Acres: 0.04
Enhanced Accessible Y/N: No
Year Built: 1850
Status Change Info
Sold Price/SqFt: 45.93
Status Change Date: 2017-08-10
Under Contract Date: 2017-06-20
Sold Date: 2017-08-08
Sold Price: $113,000
Parcel, Tax, HOA
Parcel Number: 010100 76-3-72
FIPS Code: 36001
Tax Annual Amount: 4610
Tax Section: 76
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 72
School District: Albany
Association Y/N: No
Directions & Remarks
Directions: 787 to Madison (20) to Grand
Public Remarks: Owner occupied three family in Mansion District. Three 1-bedroom units; penthouse owners unit with sun-porch! Well maintained -- owner renovated in 1985. Bright sunny units, and garden level with walk-out to back yard and private parking. Great income producing building (call for Cap-Rate worksheet) - rent all three or owner occupy! Roof one year old, new furnace, new hot water heaters. Steady long-term tenants. Building needs very little -- but plan on cement work and paint of front. Short walk to capital! Very Good Condition
Sewer
Public Sewer: 1
Architectural Style
Triplex: 1
Financial Details
General Taxes: 1814
General Taxes Description: Actual
School Taxes: 2795
School Taxes Description: Actual
Cooling
Window Unit(s): 1
Basement
Full: 1
Construction Materials
Brick: 1
Showing Requirements
Key: 1
Lockbox: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Electric Expense: 0
Other Income: 450
Total Income: 27390
Gas Expense: 1645
Insurance Expense: 1999
Parking Features
Parking Total: 1
Owner Pays
Heat: 1
Unit Information
Number Of Dishwashers: 1
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st
Unit Available MF Unit 1: at close
Monthly Rent MF Unit 1: 595
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Heat: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd
Unit Available MF Unit 2: at close
Monthly Rent MF Unit 2: 700
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 Owner Furnish Features
Heat: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd
Unit Available MF Unit 3: at close
Occupant Type MF Unit 3: Owner
Monthly Rent MF Unit 3: 895
Rent Desc. MF Unit 3: Estimated
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Heat: 1
Property Features
Architectural Style: Triplex
Basement: Full
Construction Materials: Brick
Cooling: Window Unit(s)
Heating: Hot Water; Natural Gas
Owner Pays: Heat
Roof: Rubber
Sewer: Public Sewer
Showing Requirements: Key; Lockbox
Water Source: Public
Unit 1 Owner Furnish Features: Heat
Unit 2 Owner Furnish Features: Heat
Unit 3 Owner Furnish Features: Heat
Listing Courtesy of KW Platform
Listing Agent: Christopher Broughton
518-724-5996 | cbro@kw.com
518-724-5996 | cbro@kw.com

