$160,000
SOLD MAR 1, 2018

1054 University Place Schenectady, NY 12308

-- Bed
-- Bath
5,352 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Wood Siding
  • No HOA

About This Home

As of April 2022

Agent is Owner. Showings by Appointment Only. 6 Unit Money Maker Less than a Block To Union College! Gross Annual Income of over $46,000!!! Be a Part of Schenectady's Revitalization! Near Downtown and Rivers Casino. Fully Occupied and Always Rented! Very Good Condition

Last Agent to Sell the Property

Samuel Thompson

Serenity Real Estate Team Listed on: 01/07/2018

Last Buyer's Agent

Melissa Matey

Miranda Real Estate Group, Inc License #10301216403

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 40x124

Home Design

  • Wood Siding
  • Asphalt

Interior Spaces

  • 5,352 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for trash collection, snow removal
  • Legal Lot and Block 8 / 1
  • Assessor Parcel Number 421500 39.75-1-8

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1200.0
  • Year Built: 1903
  • Directions: AGENT IS OWNER Near Union College (1 Block Away) On the left side of University Place
  • Above Grade Finished Sq Ft: 5352.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 6016.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3728.0
  • School Taxes Description: Estimated
  • Lot Size: 40x124
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Estimated
  • Gas Expense Description: Estimated
  • Other Income Description: Actual
  • Income: 46640.0
  • Income Description: Actual
  • Number Of Air Conditoners: 1
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Unit Information Number Of Washers: 1
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 5352.0
  • Owner Pays: Trash Collection, Snow Removal
  • Full Basement: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 1200.0

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 39.75-1-8

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 9744.0
  • Tax Block: 1
  • Tax Lot: 8
  • Tax Tract: 39.75

Multi Family

  • Income And Expenses Other Income: 800(W/D)

Range of Values:

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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 Change Sq Ft Price
04/22/2022 04/22/22 Sold $191,500 -21.8% $36 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $245,000 +53.1% $46 / Sq Ft
03/01/2018 03/01/18 Sold $160,000 -5.8% $30 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $169,900 -- $32 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201810342

Global MLS