NOT LISTED FOR SALE
10 Beds
5 Baths
3,072 Sq Ft
6,098 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $475,000 $155 Per Sq Ft

149 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Carpet
  • Albany High School Rated A-
  • Forced Air Heating System

About This Home

As of June 2023

Rare find in the city of Albany - this 5 unit was built in 1991! All units have 2 bedrooms, living room/dining area, nice kitchens w/ dishwashers and extra large closets. Separate utilities, coin-operated laundry in the basement and 7 off-street parking spaces completes this awesome rental property. Rents are on the lower end because most of the tenants are long term. Walk to Washington Park, UAlbany downtown campus. 458 Washington Ave. is also on the market. Would make a great package!

Last Agent to Sell the Property

Terry Weinman

Coldwell Banker Prime Properties License #30WE0768353 Listed on: 10/31/2022

Coldwell Banker Prime Properties

Last Buyer's Agent

Ali Khan

The People's Real Estate Group License #10401319004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,579

Year Built

  • Built in 1991

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 53 x 113

Home Design

  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Security Lights

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

  • Sump Pump
  • Apartment Living Space in Basement

Parking

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

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 46 / 2
  • Assessor Parcel Number 010100 65.62-2-46

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Insurance Expense $2,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,579

Year Built

Built in 1991

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1991
  • Directions: Washington Ave. near N. Lake.
  • Above Grade Finished Sq Ft: 3072.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 4343.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 7610.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.14
  • Lot Size: 53 x 113
  • New Construction: No
  • Parking Features Parking Total: 7.0
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Estimated
  • Rental Income: 53760.0
  • Rental Income Description: Yearly
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: Apartment, Sump Pump, Unfinished
  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Living Area: 3072.0
  • 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: Basement
  • Basement:Sump Pump: Yes
  • Basement:Unfinished: Yes
  • Basement:Apartment: 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:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Snow Removal6: Yes
  • Unit 3 Owner Furnish Features:Trash4: 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: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

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes

Garage/Parking

  • Parking Features: Off Street, Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 7.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: 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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Security: Security Lights
  • Water Source: Public
  • Cooling Y N: No
  • 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

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.62-2-46
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 2410.0
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 11579.05
  • Tax Block: 2
  • Tax Lot: 46

MLS Schools

  • HighSchool: Albany
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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
06/22/2023 06/22/23 Sold $475,000 -13.6% $155 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $549,900 -5.2% $179 / Sq Ft
10/31/2022 10/31/22 For Sale $579,900 -- $189 / 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
2025 $16,331 $475,000 $41,200 $433,800
2024 $16,331 $475,000 $41,200 $433,800
2023 $11,685 $236,100 $41,200 $194,900
2022 $12,314 $236,100 $41,200 $194,900
2021 $12,036 $236,100 $41,200 $194,900
2020 $11,362 $236,100 $41,200 $194,900
2019 $9,295 $236,100 $41,200 $194,900
2018 $10,799 $236,100 $41,200 $194,900
2017 $4,198 $236,100 $41,200 $194,900
2016 $11,174 $236,100 $41,200 $194,900
2015 $8,963 $183,800 $31,500 $152,300
2014 -- $183,800 $31,500 $152,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202229318

Global MLS
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