$289,900
COMING SOON

Estimated payment $2,115/month

6 Beds
2 Baths
2,735 Sq Ft
4,356 Sq Ft Lot

Highlights

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

About This Home

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 Listed By

Samary Agosto-Polnett

Lamacchia Realty License #RES.0817483 Listed on: 06/01/2025

Lamacchia Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,856

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

$5,856

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
  • Living Area Sq Ft Per Public Record: 2735
  • Street Type: Street
  • Special Features: ComingSoon

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
  • Street Number Modifier: 151

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

Schools

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

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 2024-June 2025
  • Property Tax: 5856
  • Total Assessed Value: 152110
  • Mil Rate Total: 38.5

MLS Schools

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

Map

Range of Values:

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Average Value
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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

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 $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

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 No Value Available
Closed $180,000 No Value Available
Closed $111,840 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24100744

SmartMLS

APN: NHVN-000288-000521-002400