$310,000
SOLD AUG 8, 2025
6 Beds
2 Baths
2,735 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

7% Above List Price

17 Days on Market

Highlights

  • Awning
  • Concrete Flooring
  • 4-minute walk to Shepard and Huntington
  • Garden
  • Level Lot

About This Home

As of August 2025

Multi-Family Investment Opportunity in Newhallville - Near Albertus Magnus College! This fully occupied two-family property offers strong potential in a growing rental market. The first-floor unit features 2 bedrooms and 1 bathroom, currently rented for $1,000/month. The second-floor unit includes 4 bedrooms and 1 bathroom, with a monthly rent of $1,200. Both tenants are long-term and month-to-month, presenting an excellent chance for rental income growth-rents are likely below market value. The property is conveniently located close to schools and public transportation. Whether you're a seasoned investor or just getting started, this is a great opportunity to capitalize on an up-and-coming neighborhood and a competitive rental market. Bring your vision and unlock the property's full potential! Sold as-is. May not qualify for FHA or VA financing.

Last Agent to Sell the Property

Samary Agosto-Polnett

Lamacchia Realty License #RES.0817483 Listed on: 06/03/2025

Lamacchia Realty

Last Buyer's Agent

Dawn White-Bracey

William Pitt Sotheby's Int'l License #RES.0813875

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Garden

Parking

  • 4 Parking Spaces

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Masonry

Interior Spaces

  • 2,735 Sq Ft Home
  • Awning
  • Concrete Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Hatchway
  • Shared Basement
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1252535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,993

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2735
  • Total Sq Ft: 2735
  • Year Built: 1920
  • New Construction: No/Resale
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: 151 Read St. is GPS friendly
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: Full, Shared Basement, Storage, Hatchway Access, Interior Access, Concrete Floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No

Exterior Features

  • Exterior Features: Sidewalk, Awnings, Garden Area
  • Exterior Siding: Other
  • Foundation Type: Brick, Masonry
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: None, Off Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.1
  • Lot Description: Level Lot
  • Zoning: RM1
  • Parcel #: 1252535

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5993

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Aug 8, 2025
Sold by
Polnett Rufus J
Bought by
Riddick Joshua J
Seller's Agent
Samary Agosto-Polnett
Lamacchia Realty
Buyer's Agent
Dawn White-Bracey
William Pitt Sotheby's Int'l
List Price
$289,900
Sold Price
$310,000
Premium/Discount to List
$20,100
6.93%
Views
77
Current Estimated Value
$324,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,063
Avg. Annual Appreciation
11.43%
Original Mortgage
$294,500
Outstanding Balance
$293,738
Interest Rate
6.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$30,325

Purchase Details

Closed on
Oct 12, 2004
Sold by
Simmons Sallie M Est and Simmons
Bought by
Polnett Rufus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,840
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 --
Guardian Deed $139,800 --
Guardian Deed $139,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,500 Future Advance Clause Open End Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $180,000 No Value Available
Previous Owner $111,840 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $310,000 +6.9% $113 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $289,900 -- $106 / Sq Ft
Source: SmartMLS

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
2025 $5,993 $152,110 $32,270 $119,840
2024 $5,856 $152,110 $32,270 $119,840
2023 $5,658 $152,110 $32,270 $119,840
2022 $6,046 $152,110 $32,270 $119,840
2021 $3,889 $88,620 $25,830 $62,790
2020 $3,889 $88,620 $25,830 $62,790
2019 $3,809 $88,620 $25,830 $62,790
2018 $3,809 $88,620 $25,830 $62,790
2017 $3,428 $88,620 $25,830 $62,790
2016 $2,676 $64,400 $11,480 $52,920
2015 $2,676 $64,400 $11,480 $52,920
2014 $2,676 $64,400 $11,480 $52,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24100744

SmartMLS

APN: NHVN-000288-000521-002400