NOT LISTED FOR SALE

112 Southwoods Ct Schenectady, NY 12306

10 Beds
6 Baths
11,761 Sq Ft
0.27 Acres

Last Sold April 25, 2022

Last sale price $440,000 $37 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Shed
  • Electric Baseboard Heater
  • Cul-De-Sac
  • Ceramic Tile Flooring

About This Home

As of April 2022

Great Investment Opportunity! 6-Unit Multiplex looking for a new investor to take ownership. Located on a quite cul-de-sac with 8 parking spots. Units are occupied with long term tenants. This could be a turn key transaction.
GOI= $62400 OE=$20197 Vacancy Loss=$6240
Net Operating Income = $35,963
24Hr Notice needed for Showings. Contact Listing Agent for Showings and Info. Estate being sold as is.

Last Agent to Sell the Property

Pablo Valenzuela

Coldwell Banker Prime Properties License #10401291251 Listed on: 02/02/2022

Coldwell Banker Prime Properties

Last Buyer's Agent

Pablo Valenzuela

Picket Fence Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,395

Year Built

  • Built in 1995

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac

Home Design

  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 11,761 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Shed

Schools

  • Jefferson Elementary School

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity
  • Tax Lot 26
  • Assessor Parcel Number 422800 48.17-6-26

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $2,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,395

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1020.0
  • Zoning: Multi Residence
  • Year Built: 1995
  • Directions: Take I-890 West towards Amsterdam, take Exit 2A toward NY-337, Campbell Rd. Turn right on Burdeck St, Turn left on Mariaville Rd, Turn left on Old Mariaville Rd, Turn right on Kellar Ave, Turn left on Southwoods Ct.
  • Financial Details General Taxes: 8524.37
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5397.74
  • School Taxes Description: Estimated
  • Fuel Cost Description Fuel Cost: 85
  • Lot Size Acres: 0.27
  • Parking Features Parking Total: 8.0
  • Sale Detail Buyer Zip Code: 12306
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 7
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Income And Expenses Miscellaneous Expense: 2600.0
  • Miscellaneous Expense Description: Estimated
  • Rental Income: 62400.0
  • Rental Income Description: Estimated
  • Number of Dishwashers: 6
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Unit Information Number Of Washers: 1
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Foundation Details:Concrete Perimeter: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Details:Raised: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Basement: Bilco Doors, Exterior Entry, Full, Walk-Out Access
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Bilco Doors: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Fencing: None
  • Foundation Details: Concrete Perimeter, Raised
  • Other Structures: Shed(s)
  • Patio And Porch Features: None
  • View: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:None37: Yes
  • Patio And Porch Features:None24: Yes

Garage/Parking

  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schalmont

Lot Info

  • Lot Features: Cul-De-Sac
  • Parcel #: 422800 48.17-6-26
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 2655.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 13394.53
  • Tax Lot: 26

MLS Schools

  • Elementary School: Jefferson ES

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 List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $440,000 -3.3% $37 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $455,000 -- $39 / 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: 202211436

Global MLS