NOT LISTED FOR SALE

17 W Main St Broadalbin, NY 12025

Estimated Value: $507,931

7 Beds
9 Baths
7,400 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $595,000 $80 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,056/month

24 Days on Market

Highlights

  • 1.3 Acre Lot
  • No HOA
  • Double Pane Windows
  • Wood Flooring
  • 1 Car Attached Garage
  • Built-In Features

About This Home

As of October 2022

7 Residential units (six 1 bedroom and one 2 bedroom) plus a fully equipped and recently leased diner. Rents range from $500 to $1400 per month and grosses $61,200. Is the proverbial cash cow.... as it nets well over $40,000.
20 W Main St & 17 W Main St. sold together.

Last Agent to Sell the Property

Clayton Sitterly

Coldwell Banker Prime Properties License #30SI1076396 Listed on: 04/22/2022

Coldwell Banker Prime Properties

Last Buyer's Agent

Christian Klueg

Howard Hanna Capital Inc License #10301216537

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1970

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 119 x 47
  • Property fronts a private road
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • 7,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Double Pane Windows
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Full Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Apartment Living Space in Basement

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Baseboard Heater
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • Legal Lot and Block 11.1 / 8
  • Assessor Parcel Number 172201 137.15-8-11.1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 1970
  • Directions: South side of Wet Main, party wall with Antique Store at 15 W Main
  • Above Grade Finished Sq Ft: 7400.0
  • Financial Details General Taxes: 5000.0
  • General Taxes Description: Estimated
  • Lot Size Acres: 1.3
  • Lot Size: 119 x 47
  • Parking Features Parking Total: 20.0
  • Sale Detail Buyer Zip Code: 12065
  • Sale Detail Seller Contribution: No
  • Special Listing Conditions Ownership: fee simple
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Rental Income: 1400.0
  • Rental Income Description: Monthly
  • Income: 61200.0
  • Income Description: rents
  • Number of Refrigerators: 8
  • Unit Information Number Of Stoves: 8
  • Ownership: fee simple
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Stone4: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Hardwood
  • Basement: Apartment, Exterior Entry, Walk-Out Access
  • Interior Amenities: Built-in Features
  • Full Bathrooms: 9
  • Total Bedrooms: 7
  • Living Area: 7400.0
  • Window Features: Double Pane Windows
  • Bathroom Levels Full Bathroom 1: 2nd
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 2nd
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: Basement
  • Basement:Walk-Out Access: Yes
  • Basement:Exterior Entry: Yes
  • Attic Features:Part: Yes
  • Interior Features:Built-in Features: Yes
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Snow Removal8: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 1 Owner Furnish Features:Management3: Yes
  • Unit 2 Owner Furnish Features:Management4: Yes
  • Unit 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 3 Owner Furnish Features:Management5: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 4 Owner Furnish Features:Management6: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 5 Owner Furnish Features:Management7: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: Yes
  • Unit 6 Owner Furnish Features:Management10: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 7 Owner Furnish Features:Maintenance Grounds7: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 7 Owner Furnish Features:Management8: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rolled/Hot Mop, Rubber
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Stone
  • Other Structures: None
  • Patio And Porch Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Road Frontage: Yes
  • Window Features:Double Pane Windows2: Yes
  • Patio And Porch Features:None24: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Stone, Attached, Driveway
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 20.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Stone2: Yes
  • Unit 1 Owner Furnish Features:Parking2: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 4 Owner Furnish Features:Parking5: Yes
  • Unit 5 Owner Furnish Features:Parking6: Yes
  • Unit 6 Owner Furnish Features:Parking9: Yes
  • Unit 7 Owner Furnish Features:Parking7: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Electric, Propane, Space Heater
  • Security: Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Propane: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Broadalbin-Perth

Lot Info

  • Lot Features: Level, Road Frontage, Sloped
  • Parcel #: 172201 137.15-8-11.1
  • Lot Size Sq Ft: 56628.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Other, Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Tax Info

  • Tax Annual Amount: 5000.0
  • Tax Block: 8
  • Tax Lot: 11.1
  • Tax Tract: 137.15

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Klein Kenneth R
Bought by
Broadalbin Associates Llc
Current Estimated Value
$507,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$333,699
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,232

Purchase Details

Closed on
Jun 13, 2014
Sold by
Eglin David L
Bought by
Eglin Tammy L
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Broadalbin Associates Llc $450,000 None Available
Eglin Tammy L -- Jason Brott
Eglin Tammy L -- Jason Brott
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadalbin Associates Llc $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2022 10/06/22 Sold $595,000 +83.1% $80 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $325,000 -- $44 / 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 $4,766 $89,000 $20,000 $69,000
2023 $4,860 $89,000 $20,000 $69,000
2022 $4,830 $89,000 $20,000 $69,000
2021 $4,764 $89,000 $20,000 $69,000
2020 $4,761 $89,000 $20,000 $69,000
2019 $2,682 $89,000 $20,000 $69,000
2018 $4,676 $89,000 $20,000 $69,000
2017 $4,505 $89,000 $20,000 $69,000
2016 $4,477 $89,000 $20,000 $69,000
2015 -- $89,000 $20,000 $69,000
2014 -- $89,000 $20,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202216111

Global MLS

APN: 172201-137-015-0008-011-001-0000