NOT LISTED FOR SALE

474 Ontario St Albany, NY 12208

New Scotland-Woodlawn Neighborhood
8 Beds
8 Baths
4,900 Sq Ft
5,227 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $550,000 $112 Per Sq Ft

52 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • High Speed Internet

About This Home

As of July 2022

8 unit located in great location off New Scotland Ave. Close to Albany Med and Pharmacy, restaurants and bus line. Strong rental history with many long term tenants. Units have updated baths and kitchens and each unit has access to porch. Easy to manage with current maintenance man living in unit 1

Last Agent to Sell the Property

Michael Field

Field Realty License #10491203035 Listed on: 03/19/2022

Last Buyer's Agent

T Michael Ferrigan

Gabler Realty, LLC License #10401233118

Gabler Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,512

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Rolled or Hot Mop Roof
  • Aluminum Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Albany High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • Assessor Parcel Number 010100 75.28-2-41

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Insurance Expense $3,959

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,512

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1900
  • Directions: New Scotland to Ontario (1 block in from New Scotland)
  • Above Grade Finished Sq Ft: 4900.0
  • Financial Details General Taxes: 4769.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 7743.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.12
  • Lot Size: 50 x 100
  • Sale Detail Buyer Zip Code: 12211
  • Sale Detail Seller Contribution: No
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 840.0
  • Income And Expenses Heat Expense Est: 6126.0
  • Income And Expenses Miscellaneous Expense: 1200.0
  • Miscellaneous Expense Description: Actual
  • Rental Income: 66600.0
  • Rental Income Description: Actual
  • Income: 66600.0
  • Number of Refrigerators: 8
  • Unit Information Number Of Stoves: 8
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Living Area: 4900.0
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 1 Owner Furnish Features:Electricity4: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 3 Owner Furnish Features:Electricity6: Yes
  • Unit 4 Owner Furnish Features:Electricity7: Yes
  • Unit 5 Owner Furnish Features:Electricity8: Yes
  • Unit 6 Owner Furnish Features:Electricity11: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 7 Owner Furnish Features:Heat8: Yes
  • Unit 7 Owner Furnish Features:Hot Water9: Yes
  • Unit 8 Owner Furnish Features:Electricity10: Yes
  • Unit 8 Owner Furnish Features:Heat9: Yes
  • Unit 8 Owner Furnish Features:Hot Water10: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rolled/Hot Mop
  • Construction Type: Aluminum Siding
  • Fencing: None
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 75.28-2-41
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Internet, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 3959.0
  • Number Of Units Total: 8
  • Maintenance Expense: 840.0

Tax Info

  • Tax Annual Amount: 12512.0

MLS Schools

  • HighSchool: Albany

Range of Values:

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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
07/25/2022 07/25/22 Sold $550,000 -8.3% $112 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
02/25/2022 02/25/22 Price Changed $599,900 -6.3% $122 / Sq Ft
02/14/2022 02/14/22 For Sale $639,900 -- $131 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Field

    Seller's Agent in 2022

    Michael Field

    Field Realty

    (518) 669-1804

    1 in this area

    371 Total Sales

    Michael Field
    Section Image
  • T Michael Ferrigan

    Buyer's Agent in 2022

    T Michael Ferrigan

    Gabler Realty, LLC

    (518) 935-4800

    2 in this area

    94 Total Sales

    T Michael Ferrigan
    Section Image
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Map

Source: Global MLS

MLS Number: 202211989

Global MLS
New York Albany County Albany 12208 New Scotland-Woodlawn

474 Ontario St, Albany, NY

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