NOT LISTED FOR SALE

5 Beech St Gloversville, NY 12078

Estimated Value: $58,000 - $80,706

5 Beds
1 Bath
1,720 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $30,000 $17 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $469/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Accessible Approach with Ramp
  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of April 2020

Attention INVESTORS, Opportunity awaits! Walk right in to this fully rented income producing 2 family! The NUMBER WORK! $11,623 Net Rents after Taxes - Vinyl Siding & Windows, Low maintenance, newer kitchens! Both units could be 2 or 3 bedrooms- One tenant using 3rd room as LR, other tenant using as 2 bed with formal dining. Purchase this home on its own or bundle it together with 69 Fremont & 14 Eagle for a discounted package price of 140k for 8 FULLY RENTED APARTMENTS! Total net income for all 3 houses is just shy of 45k annually! Where else can you get this kind of ROI?! These properties will pay for themselves in less than 4 years! Owner is retiring - Now is your chance! Minimum 24 Hour notice for showings - Tenants must be notified. AS-IS - CASH BUYERS ONLY- Photos of lower unit only. Good Condition

Last Agent to Sell the Property

Deana Mancini

Mohawk Mills Real Estate Group License #10491208635 Listed on: 01/25/2020

Last Buyer's Agent

Deana Mancini

Copper Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1900

Lot Details

  • 2,439

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Bathroom

Basement

  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Approach with Ramp
  • Porch
  • Lot Dimensions are 41x60

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, electricity
  • Legal Lot and Block 23 / 11
  • Assessor Parcel Number 170500 149.10-11-23

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,577

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Accessibility: Accessible Approach with Ramp
  • Year Built: 1900
  • Directions: South Kingsboro north to Bloomingdale, Left onto Beaver, left onto Beech.
  • Above Grade Finished Sq Ft: 1720.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 898.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 679.0
  • School Taxes Description: Actual
  • Lot Size: 41x60
  • New Construction: No
  • Parking Features Parking Total: 3.0
  • Possession Possession Legacy: Leased
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number of Separate Water Meters: 2
  • Rental Income Description: Actual
  • Income: 13200.0
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Architectural Style:Traditional: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: Interior Entry
  • Total Bedrooms: 5
  • Living Area: 1720.0
  • Attic Features:Walk-Up: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes

Garage/Parking

  • Parking Features: Off Street, None
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Space Heater, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Gloversville

Lot Info

  • Parcel #: 170500 149.10-11-23

Rental Info

  • Tenant Pays: Hot Water, Heat, Electricity

Tax Info

  • Tax Annual Amount: 1577.0
  • Tax Block: 11
  • Tax Lot: 23
  • Tax Tract: 149.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Apr 13, 2020
Sold by
Adamkoski Joseph M
Bought by
Wesley Anthony L
Seller's Agent
Deana Mancini
Mohawk Mills Real Estate Group
Buyer's Agent
Deana Mancini
Copper Cove Realty
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%
Current Estimated Value
$73,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,427
Avg. Annual Appreciation
17.50%

Purchase Details

Closed on
Jul 10, 2000

Purchase Details

Closed on
Dec 1, 1994
Sold by
Lake John E
Bought by
Bottisti William A and Bottisti Marie L
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
Wesley Anthony L $27,500 None Available
-- $2,700 --
Bottisti William A $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $30,000 -25.0% $17 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $40,000 -- $23 / 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 $1,004 $30,400 $5,400 $25,000
2023 $953 $30,400 $5,400 $25,000
2022 $944 $30,400 $5,400 $25,000
2021 $923 $30,400 $5,400 $25,000
2020 $956 $30,400 $5,400 $25,000
2019 $606 $30,400 $5,400 $25,000
2018 $1,568 $30,400 $5,400 $25,000
2017 $942 $30,400 $5,400 $25,000
2016 $939 $30,400 $5,400 $25,000
2015 -- $30,400 $5,400 $25,000
2014 -- $30,400 $5,400 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202011523

Global MLS

APN: 170500-149-010-0011-023-000-0000