NOT LISTED FOR SALE
-- Bed
-- Bath
6,302 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: September 13, 2023

Last sale price $508,000 $81 Per Sq Ft

Highlights

  • Corner Lot
  • Balcony
  • Baseboard Heating
  • Neighborhood Views
  • Walk-In Closet
  • Storm Doors

About This Home

As of September 2023

Amazing investment opportunity in historic district near downtown Plattsburgh. 7 unit multifamily property with strong financials. This property has been meticulously maintained with many updated kitchens, baths, flooring, windows, roof and more. The property is fully occupied and turn key.

Last Agent to Sell the Property

PJ Whitbeck

Coldwell Banker Whitbeck Assoc. Plattsburgh License #10311207656 Listed on: 05/11/2023

Coldwell Banker Whitbeck Assoc. Plattsburgh

Last Buyer's Agent

PJ Whitbeck

Coldwell Banker Whitbeck Assoc. Plattsburgh License #10311207656 Listed on: 05/11/2023

Coldwell Banker Whitbeck Assoc. Plattsburgh
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,537

Year Built

  • Built in 1940

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 99 x 170
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rolled or Hot Mop Roof
  • Flat Tile Roof

Interior Spaces

  • Walk-In Closet
  • 6,302 Sq Ft Home
  • Vinyl Clad Windows
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Electric Range
  • Microwave

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • No Garage

Outdoor Features

  • Balcony

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Internet Available

Community Details

  • Gross Income $73,500
  • Net Operating Income $47,278

Listing and Financial Details

  • Assessor Parcel Number 207.20-2-23

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,537

Year Built

Built in 1940

Lot Details

0.39 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Lot Size: 99 x 170
  • Road Frontage Type: Public
  • Subdivision Name: None
  • Directions: Take Route 9 and turn right on to Hamilton St. Turn left onto MaComb St and the home will be on the left.
  • Year Built: 1940
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Microwave, Oven, Refrigerator
  • Has Basement: Full, Unfinished
  • Door Features: Storm Door(s)
  • Interior Amenities: High Speed Internet, Walk-In Closet(s)
  • Window Features: Vinyl Clad Windows
  • Interior Features:Walk-In Closet(s): Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Oven: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Lot Features: Corner Lot
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Roof: Asphalt, Flat, Rolled/Hot Mop
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Vinyl Clad Windows: Yes
  • Door Features:Storm Door(s): Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Parking Features: No Garage
  • Parking Features:No Garage: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Fee Information

  • Trash Expense: 1830.0

Schools

  • Junior High Dist: Plattsburgh

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 207.20-2-23
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Annual Gross Income: 73500.0
  • Insurance Expense: 3993.0
  • Property Net Operating Income: 47278.0
  • Number Of Units Leased: 7
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 11537.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 13, 2023
Sold by
Bought by
Seller's Agent
PJ Whitbeck
Coldwell Banker Whitbeck Assoc. Plattsburgh
Buyer's Agent
PJ Whitbeck
Coldwell Banker Whitbeck Assoc. Plattsburgh
List Price
$525,000
Sold Price
$508,000
Premium/Discount to List
-$17,000
-3.24%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Outstanding Balance
$374,553
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$508,000 None Available
$320,000 J Cardany
-- --
$225,000 Brian A Snell
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $386,250
Previous Owner $1,369,000
Previous Owner $50,000
Previous Owner $56,000
Previous Owner $680,922
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $508,000 -3.2% $81 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $525,000 -- $83 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,543 $420,000 $31,900 $388,100
2024 $14,155 $420,000 $31,900 $388,100
2023 $13,198 $420,000 $31,900 $388,100
2022 $11,537 $295,700 $31,900 $263,800
2021 $11,846 $295,700 $31,900 $263,800
2020 $19,677 $295,700 $31,900 $263,800
2019 $12,794 $295,700 $31,900 $263,800
2018 $17,574 $295,700 $45,400 $250,300
2017 $10,671 $295,700 $45,400 $250,300
2016 $11,758 $295,700 $45,400 $250,300
2015 -- $295,700 $45,400 $250,300
2014 -- $295,700 $45,400 $250,300
Source: Public Records

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 178677

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