NOT LISTED FOR SALE

Estimated Value: $235,000 - $409,000

6 Beds
3 Baths
4,240 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 23, 2025

Last sale price $360,000 $85 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,340/month

6 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Baseboard Heating
  • Albany High School Rated A-
  • Bathroom on Main Level
  • 2-minute walk to Elizabeth Street Park

About This Home

As of January 2025

Discover a rare gem in the heart of Albany: a beautifully updated, vacant three-unit brick building that's ready for its next owner. Whether you're an investor looking for solid cash flow or a homeowner eager to live in one unit while renting out the others, this property is a perfect fit. Each unit includes two generously sized bedrooms, open living spaces, abundant natural light from oversized windows, and modern finishes. All units are equipped with fully updated kitchens, bathrooms, and floors. Other updates include plumbing, electrical, and three new Navien combi-boilers. This property is more than a building—it's a strategic investment in a thriving market. Whether you're expanding your portfolio or seeking a steady income stream, this multifamily delivers on all fronts.

Last Agent to Sell the Property

Jeury Lugo

KW Platform License #10401347643 Listed on: 12/04/2024

KW Platform

Last Buyer's Agent

Jeury Lugo

KW Platform License #10401347643 Listed on: 12/04/2024

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,686

Year Built

  • Built in 1860

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Triplex
  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 4,240 Sq Ft Home
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, internet, electricity
  • The owner pays for trash collection, sewer, water
  • Assessor Parcel Number 010100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,686

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1860
  • Directions: Refer to Google Maps
  • Above Grade Finished Sq Ft: 4240.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 3189.62
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4496.71
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.05
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Rental Income: 57600.0
  • Rental Income Description: Yearly
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Architectural Style:Traditional: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: Full, Unfinished
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 4240.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Owner Pays: Trash Collection, Sewer, Water
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Flat, Rubber
  • Construction Type: Brick
  • Fencing: Back Yard
  • Waterfront: No
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Electricity

Tax Info

  • Tax Annual Amount: 7686.33

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2024
Closed on
Jan 23, 2025
Sold by
Jm 21 Property Holdings Inc
Bought by
Sazamm Llc
Seller's Agent
Jeury Lugo
KW Platform
Buyer's Agent
Jeury Lugo
KW Platform
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Views
26
Current Estimated Value
$331,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,333
Avg. Annual Appreciation
-7.87%
Original Mortgage
$273,750
Outstanding Balance
$271,816
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$59,851

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 30, 2024
Sold by
M And Z Albany South End Albany Llc
Bought by
Jm 21 Property Holdings Inc
Seller's Agent
James Williams
MW Legacy Realty LLC
Buyer's Agent
Jeury Lugo
KW Platform
List Price
$139,900
Sold Price
$180,000
Premium/Discount to List
$40,100
28.66%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.48%

Purchase Details

Closed on
Jun 22, 2022
Sold by
Mnz Albany Properties Llc
Bought by
M And Z Albany South End Albany Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sazamm Llc $365,000 None Listed On Document
Jm 21 Property Holdings Inc $180,000 Catic Title
M And Z Albany South End Albany Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sazamm Llc $273,750
Previous Owner M And Z Albany South End Albany Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2025 01/23/25 Sold $360,000 0.0% $85 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/04/2024 12/04/24 For Sale $359,900 +99.9% $85 / Sq Ft
05/30/2024 05/30/24 Sold $180,000 +28.7% $42 / Sq Ft View Prior Sale
05/06/2024 05/06/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $139,900 -- $33 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

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 $7,416 $280,000 $56,000 $224,000
2023 $3,621 $85,000 $19,200 $65,800
2022 $3,546 $85,000 $19,200 $65,800
2021 $3,539 $85,000 $19,200 $65,800
2020 $3,225 $85,000 $19,200 $65,800
2019 $3,346 $85,000 $19,200 $65,800
2018 $3,248 $85,000 $19,200 $65,800
2017 $1,234 $85,000 $19,200 $65,800
2016 $3,135 $85,000 $19,200 $65,800
2015 $1,933 $86,900 $17,400 $69,500
2014 -- $86,900 $17,400 $69,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202430040

Global MLS

APN: 010100-076-065-0001-030-000-0000