Bought with Philip W Wagner • Oxford Property Group USA
$265,000
$275,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
4,288 SqFt
SOLD DATE : 05/19/2021
Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,288 sqft
Price per Sqft $61
Subdivision Lansingburgh
MLS Listing ID 202034181
Sold Date 05/19/21
HOA Y/N No
Year Built 1891
Annual Tax Amount $7,530
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 6098
Property Sub-Type 5+ Units
Source Global MLS
Property Description
Exceptional 5 Unit with Current Cap Rate 11.2% (below market rents)---- Low Market rent Cap Rate 12.7% ----High Market Cap Rate 15.6% Current owner have made significant upgrades to the property. Remodeled units in 2015 with baths, kitchens, & flooring. Enclosed Rear Porch. Sensor Lights for common areas inside and out! Tenants pay utilities except for W & S. ++See Income/Expense sheet in Documents++. 3- 3BR apartments & 2-2 BR Apartments. New Rubber Roof, Front Stairs &Rear concrete work & Rear Siding 2020 Tree Removal & Trimming 2020 & 2017,Bathroom Upgrade 14-2F & Bathroom Upgrade & New Space Heater 14-2R 2018, New Furnace 12-1 2017++ Showing Windows Thursday 3:30- 5:30, Saturday 1:30-3:30, Monday 4:00-6:00 Call Agent for appointment! Very Good Condition
Location
State NY
County Rensselaer
Community Lansingburgh
Direction Just North of 112th St Bridge between 2nd Ave and 3rd Ave
Interior
Heating Forced Air, Space Heater, Natural Gas
Flooring Wood, Ceramic Tile, Hardwood
Exterior
Roof Type Rubber
Porch Porch
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Lansingburgh
Others
Tax ID 381700 80.63-7-2
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "