NOT LISTED FOR SALE
6 Beds
6 Baths
4,247 Sq Ft
50,200 Acres

Last Sold December 23, 2021

Last sale price $475,000 $112 Per Sq Ft

49 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Heating System Uses Natural Gas
  • 50,200 Acre Lot

About This Home

As of December 2021

Money Making Investment Alert! This 6 unit is fully occupied and the tenants are paying their rent. This is one of the most desirable rental areas in Albany. So close to bus lines, SUNY Albany, State Campus, St. Rose College, shopping, eating, easy access to highways for commuting. Tenants are all very happy with their units and would love to stay. Whether you're looking to add a new property to your portfolio or looking to start your investing career, this property makes money. Enough parking for 6 cars currently but room to add more parking for 6 more cars. Listing agent to accompany all showings. Showing Mondays, Tuesdays, and Fridays. Schedule your showing today. Very Good Condition

Last Agent to Sell the Property

Christopher Donato

Berkshire Hathaway Home Services Blake Listed on: 09/17/2021

Last Buyer's Agent

Zanetta Laskaris

Coldwell Banker Prime Prop. License #40LA0713240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,749

Year Built

  • Built in 1900

Lot Details

  • 50,200 Acre Lot
  • Lot Dimensions are 50x200

Home Design

  • Aluminum Siding

Interior Spaces

  • 4,247 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for hot water
  • The owner pays for trash collection, snow removal, grounds care, heat
  • Legal Lot and Block 64 / 1
  • Assessor Parcel Number 010100 15-1-64

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $3,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,749

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Directions: North Pine is between Washington Ave and Western Ave, one block east of Manning Blvd.
  • Above Grade Finished Sq Ft: 4247.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 4750.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 7999.0
  • School Taxes Description: Actual
  • Lot Size Acres: 50200.0
  • Lot Size: 50x200
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: Multiple Owners
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 3425.0
  • Miscellaneous Expense Description: Actual
  • Income: 56940.0
  • Income Description: Actual
  • Number Of Air Conditoners: 2
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Subdivision Name: Pine Hills
  • Special Features: None

Interior Features

  • Basement: Bilco Doors, Full, Unfinished
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Living Area: 4247.0
  • Owner Pays: Trash Collection, Snow Removal, Grounds Care, Heat
  • Full Basement: Yes
  • Basement:Bilco Doors: Yes
  • Basement:Unfinished: Yes
  • Unit 1 Owner Furnish Features:Maintenance Grounds2: 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:Maintenance Grounds3: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Snow Removal5: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Gas7: 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: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 3 Owner Furnish Features:Maintenance Grounds4: Yes
  • Unit 4 Owner Furnish Features:Maintenance Grounds5: Yes
  • Unit 5 Owner Furnish Features:Maintenance Grounds6: Yes
  • Unit 6 Owner Furnish Features:Maintenance Grounds9: 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 1 Owner Furnish Features:Gas6: Yes
  • Unit 3 Owner Furnish Features:Electricity6: Yes
  • Unit 3 Owner Furnish Features:Gas8: Yes
  • Unit 4 Owner Furnish Features:Electricity7: Yes
  • Unit 4 Owner Furnish Features:Gas9: Yes
  • Unit 5 Owner Furnish Features:Electricity8: Yes
  • Unit 5 Owner Furnish Features:Gas10: Yes
  • Unit 6 Owner Furnish Features:Electricity11: Yes
  • Unit 6 Owner Furnish Features:Gas13: Yes
  • Unit 6 Owner Furnish Features:Heat10: Yes
  • Unit 6 Owner Furnish Features:Hot Water11: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Waterfront: No
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 15-1-64
  • Lot Size Sq Ft: 2186712000.0

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Insurance Expense: 3592.05
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 12749.0
  • Tax Block: 1
  • Tax Lot: 64

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/23/2021 12/23/21 Sold $475,000 -10.4% $112 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/27/2021 10/27/21 Price Changed $529,900 -3.7% $125 / Sq Ft
09/17/2021 09/17/21 For Sale $550,000 -- $130 / 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 $10,218 $297,200 $48,000 $249,200
2023 $13,071 $264,100 $33,000 $231,100
2022 $13,731 $264,100 $33,000 $231,100
2021 $13,421 $264,100 $33,000 $231,100
2020 $12,709 $264,100 $33,000 $231,100
2019 $10,398 $264,100 $33,000 $231,100
2018 $12,080 $264,100 $33,000 $231,100
2017 $7,802 $264,100 $33,000 $231,100
2016 $12,499 $264,100 $33,000 $231,100
2015 $11,948 $245,000 $15,800 $229,200
2014 -- $245,000 $15,800 $229,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202128723

Global MLS