NOT LISTED FOR SALE

1057 Gillespie St Schenectady, NY 12308

5 Beds
4 Baths
5,000 Sq Ft
0.5 Acres

Last Sold September 19, 2014

Last sale price $329,000 $66 Per Sq Ft

12 Days on Market

Highlights

  • Active Adult
  • Baseboard Heating
  • Level Lot
  • No HOA
  • Heating System Uses Steam

About This Home

As of September 2014

Solid investment. Pristine red brick 6-unit with proven earnings and low maintenance. Six apartments on three stories blend Victorian details with modern upgrades. Hardwood floors, pocket doors, floor-to-ceiling cabinetry, two separate entrances/lobbies, coin laundry, off-street parking. All-new heating system installed in 2008. Tenants pay heat & electric. Safe, tree-lined street in historic district. Next to Union College, near hospitals, GE, and downtown. Fully rented, excellent tenants, low turnover. Excellent Condition

Last Agent to Sell the Property

Kevin Clancy

Clancy Real Estate License #35CL0831623 Listed on: 06/20/2014

Co-Listed By

William Hannon

Clancy Real Estate

Last Buyer's Agent

Dennis McGlauflin

Gallet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,426

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Asphalt

Interior Spaces

  • 5,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Active Adult
  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water
  • Legal Lot and Block 49 / 1
  • Assessor Parcel Number 421500 39.74-1-49

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,426

Year Built

Built in 1900

Lot Details

0.5 Acres

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1900
  • Directions: Union St. to Gillespie St.
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 7938.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5524.0
  • School Taxes Description: Estimated
  • Lot Size: 100x150
  • Parking Features Parking Total: 5.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Water Sewer Expense Description: Actual
  • Income: 61710.0
  • Income Description: Actual
  • Co List Office Mls Id: o424A
  • Co List Office Phone: 518-861-7016
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 5000.0
  • Full Basement: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes

Exterior Features

  • Roof: Slate, Asphalt
  • Construction Type: Brick
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Lot Features: Level
  • Parcel #: 421500 39.74-1-49

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 13426.0
  • Tax Block: 1
  • Tax Lot: 49

Multi Family

  • Income And Expenses Other Income: 810
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Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $329,000 0.0% $66 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $329,000 -- $66 / 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 $13,116 $250,000 $21,300 $228,700
2023 $13,116 $250,000 $21,300 $228,700
2022 $13,116 $250,000 $21,300 $228,700
2021 $12,997 $250,000 $21,300 $228,700
2020 $12,877 $250,000 $21,300 $228,700
2019 $7,696 $250,000 $21,300 $228,700
2018 $13,000 $250,000 $21,300 $228,700
2017 $10,861 $250,000 $21,300 $228,700
2016 $13,305 $250,000 $21,300 $228,700
2015 -- $250,000 $21,300 $228,700
2014 -- $250,000 $21,300 $228,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201412774

Global MLS
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