NOT LISTED FOR SALE
5 Beds
10 Baths
7,392 Sq Ft
6,970 Sq Ft Lot

Last Sold November 20, 2020

Last sale price $1,000,000 $135 Per Sq Ft

3 Days on Market

Highlights

  • Active Adult
  • Deck
  • No HOA
  • 0.16 Acre Lot
  • Wood Flooring
  • 1-minute walk to Washington Park

About This Home

As of November 2020

ONE OF A KIND PROPERTY! 8 UNIT W/ LOADS OF PARKING + 3 GARAGES IN CENTER SQUARE ACROSS FROM PARK. The wrought iron gates open to the driveway leading to 7 car parking lot + 3 car garage (2 are heated). Stunning bi-level homeowners unit w/3-4 bedrooms, 2.5 baths, 2 gas fireplaces, original woodwork, pocket doors, stained glass, hardwood floors, HUGE eat-in kitchen w/ double doors to large back deck w/awning + super cool butlers kitchenette & private laundry room. Easy to rent. 8 current COs. Homeowners unit recently vacant for new owners and has some duct work to add central air if desired. Perfect owner occupier or investor at 7.4 cap rate. The other 7 units enjoy parking + share a coin operated laundry rm. NEW steam furnace ($30K), newer oversized hot water tank. 7 Updated kitchens. Excellent Condition

Last Agent to Sell the Property

Melissa Hems

Crystal Coleman Realty LLC License #10401215159 Listed on: 08/02/2020

Crystal Coleman Realty LLC

Last Buyer's Agent

William 'Felton' McLaughlin, SIOR, CCIM

NAI Platform LLC License #10301208800

NAI Platform LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,670

Year Built

  • Built in 1879

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 43.8 x 165
  • Fenced
  • Level Lot

Parking

  • 3 Car Garage
  • Tuck Under Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Stone Siding

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for trash collection, parking fee, heat
  • Legal Lot and Block 75 / 3
  • Assessor Parcel Number 010100 65.80-3-75

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 8 Units

Building Details

  • Insurance Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,670

Year Built

Built in 1879

Lot Details

0

Parking

3

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1879
  • Directions: Willett between Lancaster & State
  • Above Grade Finished Sq Ft: 7392.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 7900.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 10770.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.16
  • Lot Size: 43.8 x 165
  • Parking Features Parking Total: 7.0
  • Possession Possession Legacy: Closing
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 1
  • Gas Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Other Income Description: Estimated
  • Income: 114900.0
  • Income Description: Estimated
  • Number Of Air Conditoners: 4
  • Number of Dishwashers: 1
  • Unit Information Number Of Dryers: 2
  • Number of Refrigerators: 8
  • Unit Information Number Of Stoves: 8
  • Unit Information Number Of Washers: 2
  • Subdivision Name: Washington Park
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Fencing:Fenced: Yes
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Basement: Finished, Full
  • Below Grade Sq Ft: 1600.0
  • Living Area: 7392.0
  • Owner Pays: Trash Collection, Parking Fee, Heat
  • Full Basement: Yes
  • Attic Features:Hatch: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Snow Removal7: Yes
  • Unit 4 Owner Furnish Features:Trash5: 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:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 8 Owner Furnish Features:Snow Removal10: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 8 Owner Furnish Features:Sewer9: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 8 Owner Furnish Features:Water10: Yes
  • Unit 7 Owner Furnish Features:Heat8: Yes
  • Unit 8 Owner Furnish Features:Electricity10: Yes
  • Unit 8 Owner Furnish Features:Heat9: Yes

Exterior Features

  • Roof: Slate
  • Construction Type: Stone, Brick
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Views: Yes
  • Construction Materials:Stone5: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Off Street, Paved, Under Residence, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 7.0
  • Property Detail:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:Under Residence: Yes
  • Unit 2 Owner Furnish Features:Parking3: Yes
  • Owner Pays:Parking Fee2: Yes
  • Unit 3 Owner Furnish Features:Parking4: Yes
  • Unit 1 Owner Furnish Features:Garage3: Yes
  • Unit 2 Owner Furnish Features:Garage4: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Radiant, Steam, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Steam: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 6900.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level, Views
  • Parcel #: 010100 65.80-3-75
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 4000.0
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 18670.0
  • Tax Block: 3
  • Tax Lot: 75

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $1,000,000 +2.1% $135 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/02/2020 08/02/20 For Sale $979,000 +74.8% $132 / Sq Ft
05/29/2015 05/29/15 Sold $560,000 -9.7% $76 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
12/31/2014 12/31/14 For Sale $620,000 -- $84 / 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: 202024245

Global MLS