NOT LISTED FOR SALE

1202 5th Ave Schenectady, NY 12303

Mont Pleasant Neighborhood
8 Beds
4 Baths
3,516 Sq Ft
3,485 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $180,000 $51 Per Sq Ft

9 Days on Market

Highlights

  • Senior Community
  • Corner Lot
  • Porch
  • Deck
  • No HOA
  • 3-minute walk to Wallingford Park

About This Home

As of November 2020

NEW INFO POSTED! Excellent turn-key 4 unit property with strong financials and rental history, proven cash flow and profitability. 14% cap rate at asking price including repairs allowance! All large two bedroom units with separate utilities. All units separate entrances front and back for each. Property first renovated in 2012, and three units renovated again 2020. Rents may still be below market- they rented so quickly with lots of interest! Pkg deal available with 15 Moyston St (4F), some owner financing if purchased together. Broker is principal owner. Excellent Condition

Last Agent to Sell the Property

Todd Drake

Empire Real Estate Managment LLC License #49DR0967524 Listed on: 06/19/2020

Last Buyer's Agent

Anne Caron

Miranda Real Estate Group Inc License #10401323417

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1962

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 100x22
  • Corner Lot

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 3,516 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity, gas
  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 421500 49.54-5-9

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,999

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 298.0
  • Year Built: 1962
  • Directions: Corner of 5th Ave and Pleasant St
  • Above Grade Finished Sq Ft: 3516.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.08
  • Lot Size: 100x22
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Estimated
  • Income: 37500.0
  • Income Description: Estimated
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Special Features: None

Interior Features

  • Basement: Full
  • Living Area: 3516.0
  • Full Basement: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Pressure Treated Deck, Porch, Deck
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Pressure Treated Deck: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Space Heater, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: 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: Corner Lot
  • Parcel #: 421500 49.54-5-9
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 929.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4999.0
  • Tax Block: 5
  • Tax Lot: 9
  • Tax Tract: 49.54

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
11/12/2020 11/12/20 Sold $180,000 +0.1% $51 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $179,900 -- $51 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Todd Drake

    Empire Real Estate Managment LLC

    (518) 369-7247

    1 in this area

    74 Total Sales

    Section Image
  • Anne Caron

    Buyer's Agent in 2020

    Anne Caron

    Miranda Real Estate Group Inc

    (305) 283-7233

    2 in this area

    93 Total Sales

    Section Image
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Map

Source: Global MLS

MLS Number: 202020400

Global MLS

New York Schenectady County Schenectady 12303 Mont Pleasant

1202 5th Ave, Schenectady, NY

This home is located at 1202 5th Ave, Schenectady, NY 12303 since 19 June 2020. This property was built in 1962. 1202 5th Ave is a home located in Schenectady County with nearby schools including Hamilton Elementary School, Mont Pleasant Middle School, and Schenectady High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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