Seller's Agent in 2024
Imam Hussain
NAI Platform LLC
(518) 227-0616
1 in this area
8 Total Sales
1004 Ostrander Place Schenectady, NY 12303
Mont Pleasant Neighborhood
18
Beds
12
Baths
7,965
Sq Ft
9,148
Sq Ft Lot
Highlights
- Wood Flooring
- Bathroom on Main Level
- Wood Siding
- No HOA
- Heating System Uses Steam
About This Home
As of November 2024Discover this highly profitable 12-unit apartment complex, featuring spacious six 2-bedroom units in front of the building and six 1-bedroom units in the back side of the building. With a solid track record of exceptional cash flow. With low vacancy rates and strong rental demand, this property has been a consistent income generator for the current owner. A portion of the roof was replaced a few years ago and a brand new steam radiator furnace have been installed within last a few years, ensuring added value and reduced maintenance costs. Perfect for investors seeking reliable returns, this is a prime rental property not to be missed! There are separate gas and electrical meters for all 12 units. Rents are low, can be increased. Perfect property to add to your portfolio.
Last Agent to Sell the Property
NAI Platform LLC License #10401383067 Listed on: 09/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,734
Year Built
- Built in 1908
Lot Details
- 9,148 Sq Ft Lot
Home Design
- 7,965 Sq Ft Home
- Wood Siding
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 18 Bedrooms
- Bathroom on Main Level
- 12 Full Bathrooms
Parking
- 4 Parking Spaces
- Open Parking
Schools
- Howe International Magnet Elementary School
- Schenectady High School
Utilities
- Radiant Heating System
- Heating System Uses Steam
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
- 12 Units
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 1 / 49.6
- Assessor Parcel Number 49.63-5-1
- Seller Concessions Not Offered
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | Sold | $675,000 | +12.7% | $85 / Sq Ft |
| 10/11/2024 10/11/24 | Pending | -- | -- | -- |
| 09/25/2024 09/25/24 | For Sale | $599,000 | -- | $75 / Sq Ft |
Source: Global MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,692 | $257,500 | $20,600 | $236,900 |
| 2023 | $105 | $257,500 | $20,600 | $236,900 |
| 2022 | $10,726 | $257,500 | $20,600 | $236,900 |
| 2021 | $10,698 | $257,500 | $20,600 | $236,900 |
| 2020 | $10,573 | $257,500 | $20,600 | $236,900 |
| 2019 | $5,238 | $257,500 | $20,600 | $236,900 |
| 2018 | $10,701 | $257,500 | $20,600 | $236,900 |
| 2017 | $11,186 | $257,500 | $20,600 | $236,900 |
| 2016 | $11,119 | $257,500 | $20,600 | $236,900 |
| 2015 | -- | $257,500 | $20,600 | $236,900 |
| 2014 | -- | $257,500 | $20,600 | $236,900 |
Source: Public Records
Agents Affiliated with this Home
-
Imam Hussain
-
Kareem Jandali
Buyer's Agent in 2024
Kareem Jandali
Jandali Realty
(518) 542-3506
1 in this area
153 Total Sales
Map
Source: Global MLS
MLS Number: 202426141
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