NOT LISTED FOR SALE
28 Beds
12 Baths
11,040 Sq Ft
3,049 Sq Ft

Last Sold June 21, 2024

Last sale price $650,000 $59 Per Sq Ft

36 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Albany High School Rated A-
  • Bathroom on Main Level
  • 4-minute walk to Elizabeth Street Park

About This Home

As of June 2024

Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street.

These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 12/26/2023

Last Buyer's Agent

Beau Piorkowski

Empire Real Estate Firm LLC License #10301224477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,318

Year Built

  • Built in 1940

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 11,040 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, electricity, gas
  • Assessor Parcel Number 76.65-2-80

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,318

Year Built

Built in 1940

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Zoning: Multi Residence
  • Year Built: 1940
  • Directions: Exit I-787 toward downtown Albany. Merge onto Broadway north. Continue 0.5 mi to a circle. Take 2nd exit onto S Pearl St. Turn left onto Morton Ave. Arrive at 49 Broad St.
  • Above Grade Finished Sq Ft: 11040.0
  • Architectural Style: Low Rise
  • Lot Size Acres: 0.07
  • Sale Detail Seller Contribution: No
  • Flooring:Hardwood: Yes
  • Architectural Style:Low Rise: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Basement: Full
  • Full Bathrooms: 12
  • Total Bedrooms: 28
  • Living Area: 11040.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 4th
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 1st
  • Bathroom Levels Full Bathroom 4: 2nd
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 2nd
  • Bathroom Levels Full Bathroom 7: 3rd
  • Bathroom Levels Full Bathroom 8: 3rd
  • Bathroom Levels Full Bathroom 9: 3rd
  • Full Basement: 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
  • Unit 1 Owner Furnish Features:Management3: Yes
  • Unit 2 Owner Furnish Features:Management4: Yes
  • Unit 3 Owner Furnish Features:Management5: Yes
  • Unit 4 Owner Furnish Features:Management6: Yes
  • Unit 5 Owner Furnish Features:Management7: Yes
  • Unit 6 Owner Furnish Features:Management10: Yes
  • Unit 6 Owner Furnish Features:Sewer10: Yes
  • Unit 6 Owner Furnish Features:Snow Removal11: Yes
  • Unit 6 Owner Furnish Features:Trash9: Yes
  • Unit 6 Owner Furnish Features:Water11: Yes
  • Unit 7 Owner Furnish Features:Snow Removal9: Yes
  • Unit 8 Owner Furnish Features:Snow Removal10: Yes
  • Unit 7 Owner Furnish Features:Sewer8: Yes
  • Unit 7 Owner Furnish Features:Trash7: Yes
  • Unit 7 Owner Furnish Features:Water9: Yes
  • Unit 8 Owner Furnish Features:Sewer9: Yes
  • Unit 8 Owner Furnish Features:Trash8: Yes
  • Unit 8 Owner Furnish Features:Water10: Yes
  • Unit 7 Owner Furnish Features:Management8: Yes
  • Unit 8 Owner Furnish Features:Management9: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Brick
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Hot Water
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 76.65-2-80
  • Lot Size Sq Ft: 3049.2

Rental Info

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

Tax Info

  • Tax Annual Amount: 20318.35

Multi Family

  • Number Of Units Total: 12

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
06/21/2024 06/21/24 Sold $650,000 -9.7% $59 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $720,000 -- $65 / 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 $10,731 $264,800 $9,000 $255,800
2023 $5,967 $105,000 $6,500 $98,500
2022 $5,676 $105,000 $6,500 $98,500
2021 $5,553 $105,000 $6,500 $98,500
2020 $6,264 $105,000 $6,500 $98,500
2019 $4,134 $105,000 $6,500 $98,500
2018 $8,981 $105,000 $6,500 $98,500
2017 $5,979 $105,000 $6,500 $98,500
2016 $9,524 $120,000 $6,500 $113,500
2015 $1,702 $55,000 $2,600 $52,400
2014 -- $55,000 $2,600 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202329927

Global MLS

APN: 010100 76.65-2-80

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