NOT LISTED FOR SALE
12 Beds
12 Baths
4,840 Sq Ft
36,590 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $1,170,000 $242 Per Sq Ft

3 Days on Market

Highlights

  • River Front
  • Vaulted Ceiling
  • No HOA
  • 0.84 Acre Lot
  • Wood Flooring
  • 5-minute walk to Front Street Park

About This Home

As of March 2024

RARE OPPORTUNITY! 12 Unit Apartment Complex walking distance to Rivers Casino and backs to the river! This complex has long term tenants and has been meticulously maintained. 5 units have 1 bedroom plus a spiral staircase to a loft space, 2 units have hardwood floors and wood stoves(not in use), 5 1 bedrooms first floor units. All units have electric heat, decks and wall AC's. Updates include 4 year old roofs, 2 year old driveway, various windows in most of the units, and so much more throughout the years. Rents could be higher, most tenants are on a month to month long term tenants.

Last Agent to Sell the Property

Jennifer Mentiply

Renovo Real Estate License #10491212080 Listed on: 01/17/2024

Last Buyer's Agent

non-member non member

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,000

Year Built

  • Built in 1985

Lot Details

  • 36,590 Sq Ft Lot
  • River Front
  • Garden

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • Vaulted Ceiling
  • Fireplace
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Bathroom on Main Level
  • 12 Full Bathrooms

Parking

  • 14 Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Schenectady High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Electric Baseboard Heater

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, electricity
  • Legal Lot and Block 6 / 39.4
  • Assessor Parcel Number 421500 39.48-1-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,000

Year Built

Built in 1985

Lot Details

0.84 Acres

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Commercial
  • Year Built: 1985
  • Directions: rivers casino left onto front st. buildings are on the right
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 0.84
  • Non Member Non Member Name: None
  • Parking Features Parking Total: 14.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 13
  • Rental Income: 112392.0
  • Rental Income Description: Yearly
  • Number of Refrigerators: 12
  • Unit Information Number Of Stoves: 12
  • Flooring:Carpet: Yes
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood, Carpet
  • Basement: Partial, Slab
  • Interior Amenities: Vaulted Ceiling(s)
  • Full Bathrooms: 12
  • Total Bedrooms: 12
  • Fireplace Features: Wood Burning Stove
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 2nd
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 1st
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 2nd
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: 2nd
  • Fireplace: Yes
  • Basement:Slab2: Yes
  • Basement:Partial: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Snow Removal4: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Rear Porch, Patio
  • Waterfront Features: River Front
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Garden: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: Off Street, Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 14.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Schenectady

Lot Info

  • Parcel #: 421500 39.48-1-6
  • Lot Size Sq Ft: 36590.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 22000.0
  • Tax Block: 39.4
  • Tax Lot: 6

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • HighSchool: Schenectady
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/29/2024 03/29/24 Sold $1,170,000 -2.5% $242 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,200,000 -- $248 / Sq Ft
Source: Global MLS

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 $9,875 $241,200 $44,000 $197,200
2023 $97 $241,200 $44,000 $197,200
2022 $9,906 $241,200 $44,000 $197,200
2021 $9,880 $241,200 $44,000 $197,200
2020 $9,764 $241,200 $44,000 $197,200
2019 $4,766 $241,200 $44,000 $197,200
2018 $9,883 $241,200 $44,000 $197,200
2017 $10,478 $241,200 $44,000 $197,200
2016 $10,275 $241,200 $44,000 $197,200
2015 -- $241,200 $44,000 $197,200
2014 -- $241,200 $44,000 $197,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Global MLS

MLS Number: 202410672

Global MLS
Your Personal Tour Guide

Ask me questions while you tour the home.