NOT LISTED FOR SALE

4 Milton St Albany, NY 12205

Estimated Value: $369,000 - $470,000

10 Beds
6 Baths
5,200 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $570,000 $110 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,706/month

20 Days on Market

Highlights

  • 2 Acre Lot
  • 8 Car Attached Garage
  • Hot Water Heating System
  • No HOA
  • Bathroom on Main Level
  • Vinyl Flooring

About This Home

As of May 2024

Perfect combo of cash flowing multi-family with value to be added. This property consists of a 5 unit building, completely updated, and a 2 Bedroom house. All units have off - street parking and washers and dryers. Don't miss out on this multifamily in South Colonie School District. $7,300 in gross rents! Agent is owner.

Last Agent to Sell the Property

Nathan Marks

Serenity Real Estate Team Listed on: 03/19/2024

Last Buyer's Agent

Charles Curto

Howard Hanna Capital Inc License #10301206236

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,254

Year Built

  • Built in 1949

Lot Details

  • 2 Acre Lot

Home Design

  • Block Foundation
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 5,200 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Bathroom on Main Level
  • 6 Full Bathrooms

Parking

  • 8 Car Attached Garage
  • Open Parking

Schools

  • Colonie Central High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tenant pays for internet, cable TV, dsl internet, electricity, gas
  • Assessor Parcel Number 012689 53.11 11-6-33

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,254

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1949
  • Directions: Off of Osbourne
  • Above Grade Finished Sq Ft: 5200.0
  • Architectural Style: Apartment 4 Plus Unit
  • Lot Size Acres: 2.0
  • Parking Features Parking Total: 8.0
  • Sale Detail Buyer Zip Code: 12208
  • Sale Detail Seller Contribution: No
  • Rental Income Description: Actual
  • Number of Dishwashers: 6
  • Unit Information Number Of Dryers: 6
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Unit Information Number Of Washers: 6
  • Flooring:Laminate: Yes
  • Flooring:Vinyl: Yes
  • Foundation Details:Block2: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Laminate
  • Basement: Full
  • Interior Amenities: Other
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Living Area: 5200.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 3rd
  • Bathroom Levels Full Bathroom 6: 1st
  • Full Basement: Yes
  • Attic Features:Eaves: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Other58: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Open Parking: Yes
  • Total Parking Spaces: 8.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Attached: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 200+ Amp Service
  • Heating: Hot Water
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: South Colonie

Lot Info

  • Parcel #: 012689 53.11 11-6-33
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Cable TV, DSL Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 6254.0

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • HighSchool: Colonie Central HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2015
Sold by
Sim Brian E
Bought by
Sim Beverly
Current Estimated Value
$417,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
3.79%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Sim Edward F and Sim Beverly
Bought by
Sim Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
3.79%
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
Sim Beverly -- None Available
Sim Brian E $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sim Brian E $50,000
Closed Sim Brian E $37,558
Open Sim Brian E $239,000
Closed Sim Brian E $239,000
Previous Owner Sim Edward F $130,000
Previous Owner Sim Edward F $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $570,000 -12.2% $110 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $649,000 -- $125 / 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 $5,780 $144,700 $36,200 $108,500
2023 $5,653 $144,700 $36,200 $108,500
2022 $5,604 $144,700 $36,200 $108,500
2021 $5,519 $144,700 $36,200 $108,500
2020 $5,436 $144,700 $36,200 $108,500
2019 $3,253 $144,700 $36,200 $108,500
2018 $5,293 $144,700 $36,200 $108,500
2017 $0 $144,700 $36,200 $108,500
2016 $5,252 $144,700 $36,200 $108,500
2015 -- $144,700 $36,200 $108,500
2014 -- $144,700 $36,200 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202413775

Global MLS

APN: 012601-029-019-0005-017-000-0000