NOT LISTED FOR SALE

155 Ridge St Glens Falls, NY 12801

9 Beds
4 Baths
3,040 Sq Ft
5,663 Sq Ft Lot

Last Sold January 15, 2016

Last sale price $137,000 $45 Per Sq Ft

207 Days on Market

About This Home

As of January 2016

Always rented, 4 unit. Rents are below market. Long term tenants. Five year old roof. Brand new furnace. ROI 20% annually, $9K in annual positive cas flow, 10% CAP rate value $182,600.

Last Agent to Sell the Property

Edward Plog

Non-Member Office Listed on: 10/13/2014

Non-Member Office

Last Buyer's Agent

Lisa Ostrander

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 55 x 98 x 55 x 98

Home Design

  • 3,040 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Schools

  • Jackson Heights Elementary School
  • Glens Falls High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • The owner pays for trash collection, sewer, water, gas, grounds care, heat
  • Legal Lot and Block 020 / 0001
  • Seller Concessions Not Offered

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,726

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Single Residence
  • Year Built: 1915
  • Directions: Main St., to Hudson Ave., to Ridge St.
  • Above Grade Finished Sq Ft: 3040.0
  • Financial Details Full Market Assessment: 148700
  • Lot Size: 55 x 98 x 55 x 98
  • Number Of Separate Electric Meters: 4
  • Income And Expenses Fuel Expense: 1500.0
  • Income: 29400.0
  • Special Features: None

Interior Features

  • Living Area: 3040.0
  • Owner Pays: Trash Collection, Sewer, Water, Gas, Grounds Care, Heat

Exterior Features

  • Roof: Shingle
  • Construction Type: Vinyl Siding
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Rental Info

  • Tenant Pays: Hot Water, Electricity

Multi Family

  • Insurance Expense: 1200.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4726.0
  • Tax Block: 0001
  • Tax Lot: 020
  • Tax Tract: 303

MLS Schools

  • Elementary School: Jackson Heights
  • HighSchool: Glens Falls

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $137,000 0.0% $45 / Sq Ft
01/15/2016 01/15/16 Sold $137,000 -8.6% $45 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/07/2015 05/07/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $149,900 -3.9% $49 / Sq Ft
05/02/2014 05/02/14 For Sale $156,000 -- $51 / 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: 127954

Global MLS