NOT LISTED FOR SALE

1 Cortland St Troy, NY 12180

10 Beds
6 Baths
2,158 Sq Ft
8,276 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $380,000 $176 Per Sq Ft

279 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Hot Water Heating System
  • No HOA
  • Zoned Heating
  • Level Lot

About This Home

As of November 2023

Investors take notice, rare 6 Unit right off Route 7 located in the Sycaway section between Troy & Brunswick. This 6 unit features 3 - 1bed, 2 2bed, and 1 3bed units, with large yard and some off street parking. Long term tenants, interior could use updating but would return a significant increase in rental income. Also has a coin operated shared laundry for extra income but not currently in use. This property is zoned commercial giving it some additional value if mated with surrounding lots.

Last Agent to Sell the Property

Thomas Chenaille

Anchor Realty Services LLC License #10491211865 Listed on: 10/12/2022

Last Buyer's Agent

Jeury Lugo

KW Platform License #10401347643

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,773

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 90x94
  • Back Yard Fenced
  • Level Lot

Home Design

  • Brick Foundation
  • Rubber Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,158 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Bathroom on Main Level
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for internet, cable TV, electricity, gas
  • Legal Lot and Block 7 / 1018
  • Assessor Parcel Number 382200 101.8-21-7

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $3,503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,773

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1000.0
  • Zoning: Commercial
  • Year Built: 1900
  • Directions: Rt 7 East, Left on Cortland, 1st house west side of Cortland St
  • Above Grade Finished Sq Ft: 2158.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details Full Market Assessment: 341346
  • Financial Details General Taxes: 5890.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 5883.0
  • School Taxes Description: Actual
  • Financial Details Tax Assessed Value: 71000.0
  • Fuel Cost Description Fuel Cost: 5258
  • Lot Size Acres: 0.19
  • Lot Size: 90x94
  • New Construction: No
  • Parking Features Parking Total: 5.0
  • Road Frontage Type: Other
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 1392.0
  • Miscellaneous Expense Description: Actual
  • Rental Income: 54180.0
  • Rental Income Description: Actual
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Fencing:Chain Link: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Linoleum
  • Basement: Partial, Unfinished, Other
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Living Area: 2158.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Attic Features:Storage2: Yes
  • Interior Features:Other59: Yes
  • Basement:Partial: Yes
  • Attic Features:Pull-Down: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes
  • Unit 2 Owner Furnish Features:Other93: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber, Asphalt
  • Construction Type: Vinyl Siding
  • Fencing: Back Yard, Chain Link, Fenced
  • Foundation Details: Brick/Mortar
  • Other Structures: None
  • Patio And Porch Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:None24: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 5.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service
  • Heating: Hot Water, Radiant, Zoned, Natural Gas
  • Security: Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Zoned: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 4258.0
  • Annual Water Sewer Expense: 2460.0

Schools

  • Junior High Dist: Troy

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Parcel #: 382200 101.8-21-7
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 3503.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 11773.0
  • Tax Block: 1018
  • Tax Lot: 7

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $380,000 -15.4% $176 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $449,000 -4.4% $208 / Sq Ft
10/12/2022 10/12/22 For Sale $469,900 -- $218 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas Chenaille

    Anchor Realty Services LLC

    Section Image
  • Jeury Lugo

    Buyer's Agent in 2023

    Jeury Lugo

    KW Platform

    (518) 335-1032

    1 in this area

    101 Total Sales

    Jeury Lugo
    Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202228336

Global MLS
New York Rensselaer County Troy 12180

1 Cortland St, Troy, NY

Not Listed for Sale

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