NOT LISTED FOR SALE

Estimated Value: $400,543 - $517,000

5 Beds
4 Baths
3,036 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $505,000 $166 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,170/month

237 Days on Market

Highlights

  • Downtown View
  • Dining Room with Fireplace
  • Covered Patio or Porch
  • Deck
  • No HOA
  • 3-minute walk to West Capitol Park

About This Home

As of September 2024

Showings Start Wednesday 5/8. Ready to own a piece of Albany's history and generate income immediately? Don't miss out on this stunning 4-unit FULLY LEASED multifamily in Center Square generating $5K+ monthly. This historic treasure offers charm, comfort, and income. The home has 3 studio apartments and 1 spacious one-bedroom apartment, featuring hardwood floors, fireplaces, and private decks with access to the private backyard oasis. The backyard is a peaceful retreat that tenants will love, featuring a koi pond, beautiful landscaping, and a spectacular view of the Empire State Plaza. Recent updates: top deck w/ red cedar, paint front door & windows, new copper roof in front, aluminum roof sealing and more. This is your chance to invest in a lucrative property in a sought-after location.

Last Agent to Sell the Property

Eric Ptak

Carrow Real Estate Services LLC License #10401339849 Listed on: 05/02/2024

Last Buyer's Agent

John Alund

EXIT Realty Capitals Choice

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,728

Year Built

  • Built in 1889

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22.1x91.5
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Garden

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Downtown Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Apartment Living Space in Basement
  • Finished Basement Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Insurance Expense $1,798

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity
  • The owner pays for sewer, water, electricity, gas
  • Assessor Parcel Number 010100 76.24-6-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,728

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
  • Year Built: 1889
  • Directions: DOVE TO CHESTNUT
  • Above Grade Finished Sq Ft: 3036.0
  • Architectural Style: Quads
  • Lot Size Acres: 0.05
  • Lot Size: 22.1X91.5
  • Gas Expense Description: Actual
  • Insurance Expense Description: Actual
  • Rental Income: 57000.0
  • Rental Income Description: Actual
  • Fencing:Back Yard: Yes
  • Fencing:Privacy: Yes
  • Percent Basement Finished: Yes
  • Basement Heated: Yes
  • Fencing:Fenced: Yes
  • View:Downtown: Yes
  • Foundation Details:BrickMortar: Yes
  • View:Skyline: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Basement: Apartment, Exterior Entry, Finished, Full, Heated
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 880.0
  • Fireplace Features: Basement, Bedroom, Dining Room, Family Room, Living Room
  • Fireplaces: 3
  • Living Area: 3036.0
  • Bathroom Levels Full Bathroom 1: Basement
  • Bathroom Levels Full Bathroom 2: 1st
  • Bathroom Levels Full Bathroom 3: 2nd
  • Bathroom Levels Full Bathroom 4: 3rd
  • Owner Pays: Sewer, Water, Electricity, Gas
  • Fireplace: Yes
  • Full Basement: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Family Room: Yes
  • Basement:Apartment: Yes
  • Fireplace Features:Dining Room: Yes
  • Fireplace Features:Bedroom: Yes

Exterior Features

  • Exterior Features: Garden
  • Roof: Flat
  • Construction Type: Brick
  • Fencing: Privacy, Back Yard, Fenced
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Rear Porch, Covered, Deck, Patio
  • View: Skyline, Downtown
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Garden: Yes
  • Lot Features:Views: Yes
  • Lot Features:Garden2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Covered: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: None
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • 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 Fuel Expense: 3619.0
  • Annual Water Sewer Expense: 641.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Landscaped, Views, Garden
  • Parcel #: 010100 76.24-6-19
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 1798.0

Tax Info

  • Tax Annual Amount: 9728.13

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2003
Current Estimated Value
$465,886
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $505,000 +1.1% $166 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $499,500 -1.1% $165 / Sq Ft
11/15/2023 11/15/23 Off Market $505,000 -- --
10/23/2023 10/23/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $480,000 -1.0% $158 / Sq Ft
09/22/2023 09/22/23 For Sale $485,000 -- $160 / 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 $8,602 $330,000 $66,000 $264,000
2023 $9,877 $246,000 $49,200 $196,800
2022 $9,661 $246,000 $49,200 $196,800
2021 $9,640 $246,000 $49,200 $196,800
2020 $9,333 $246,000 $49,200 $196,800
2019 $9,685 $246,000 $49,200 $196,800
2018 $9,367 $246,000 $49,200 $196,800
2017 $3,571 $246,000 $49,200 $196,800
2016 $9,073 $246,000 $49,200 $196,800
2015 $9,441 $257,000 $54,100 $202,900
2014 -- $257,000 $54,100 $202,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202325279

Global MLS

APN: 010100-076-024-0006-019-000-0000