NOT LISTED FOR SALE

219-221 Spring Ave Troy, NY 12180

Eastside Troy Neighborhood
16 Beds
7 Baths
7,000 Sq Ft
0.32 Acres

Last Sold November 20, 2024

Last sale price $725,000 $104 Per Sq Ft

20 Days on Market

Highlights

  • Deck
  • No HOA
  • Bathroom on Main Level
  • Traditional Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Turn-key investor's dream! This top-to-bottom renovated 4-unit property, offers an exceptional investment opportunity with solid tenants and a current monthly revenue of $8000. At almost 7000 square feet total, all of the four spacious units have updated kitchens and bathrooms and four bedrooms each. Roof and A/C are less than two years old and so are all the mechanicals, electrical etc. Electric and gas paid by tenants. Lawn care, snow removal, trash and water paid by landlord.

Last Agent to Sell the Property

Gledis Tocci

Find Advisors License #10401291357 Listed on: 07/29/2024

Find Advisors

Last Buyer's Agent

Tamara DeMartino

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,314

Year Built

  • Built in 1890

Lot Details

  • 0.32 Acre Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Asbestos Shingle Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 7,000 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Bathroom on Main Level
  • 7 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 381700 112.49-3-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,314

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1890
  • Directions: I-87, take exit 6W-7E for NY-7E towards Troy/Cohoes. Right onto 8th St Left onto Ferry St Right onto Pawling Ave Right onto Walker Ave Left onto Spring Ave
  • Above Grade Finished Sq Ft: 7000.0
  • Architectural Style: Traditional
  • Lot Size Acres: 0.32
  • Parking Features Parking Total: 10.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Rental Income: 8000.0
  • Rental Income Description: Actual
  • Laundry Features:Main Level: Yes
  • Laundry Features:Upper Level: Yes
  • Cooling:Central Air: Yes
  • Laundry Features:Laundry Closet: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Doors
  • Full Bathrooms: 7
  • Total Bedrooms: 16
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 2nd
  • Basement:Bilco Doors: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Asbestos Shingle
  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding
  • Patio And Porch Features: Side Porch, Covered, Deck, Front Porch
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Exterior Features:Other58: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Side Porch: Yes

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 10.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Closet, Main Level, Upper Level
  • Water Source: Public
  • Cooling Y N: Yes
  • 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

Schools

  • Junior High Dist: Troy

Lot Info

  • Parcel #: 381700 112.49-3-14
  • Lot Size Sq Ft: 13939.2

Tax Info

  • Tax Annual Amount: 7314.0

Multi Family

  • Number Of Units Total: 4

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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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 List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $725,000 -1.2% $104 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $734,000 -- $105 / 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 $7,473 $160,000 $16,500 $143,500
2023 $7,388 $160,000 $16,500 $143,500
2022 $7,249 $160,000 $16,500 $143,500
2021 $1,822 $160,000 $16,500 $143,500
2020 $3,685 $160,000 $16,500 $143,500
2019 $12,041 $160,000 $16,500 $143,500
2018 $12,041 $160,000 $16,500 $143,500
2017 $5,210 $160,000 $16,500 $143,500
2016 $8,044 $160,000 $16,500 $143,500
2015 -- $160,000 $16,500 $143,500
2014 -- $160,000 $16,500 $143,500
Source: Public Records

Agents Affiliated with this Home

  • Gledis Tocci

    Seller's Agent in 2024

    Gledis Tocci

    Find Advisors

    (518) 414-1760

    3 in this area

    42 Total Sales

    Gledis Tocci
    Section Image

  • T

    Buyer's Agent in 2024

    Tamara DeMartino

    Howard Hanna Capital Inc

See All Agents

Map

Source: Global MLS

MLS Number: 202422357

Global MLS
New York Rensselaer County Troy 12180 Eastside Troy

219-221 Spring Ave, Troy, NY

Not Listed for Sale

MultiFamily

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Information is deemed reliable but not guaranteed.



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