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255 State St

Albany, NY 12210
  • $735,000
  • STATUS: Active
  • MLS #: 202125922
UPDATED: 25 min ago
$735,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,340
    SQFT
  • $169
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

School District:

Description

255 State street is the investment that you have been looking for. This 9-unit building is within walking distance to everything Center Square has to offer, which means that it is very easy to rent. The heating system was updated in 2015, with 3 high efficiency Westinghouse boilers and a 60 gallon water heater. (receipt attached) The tenants love having heat and hot water included, which leaves just the electric and cooking gas up to them. We know that some of the units could be updated, but have priced this building with that in mind. Once updated, you could easily be getting 1,000 per unit, if not more. All units are 1br or studio. Please make an appointment and provide proof of funds.**

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© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-12-08T17:12:20.68.
www.capitalrealtyxperts.com/homes/120370078
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255 State St Albany, NY 12210

  • Price: $735,000
  • Status: Active
  • On Site: Days
  • Updated: 25 min ago
  • MLS #: 202125922
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,340
SQFT
$169
$/SQFT
1890
Built
Neighborhood:
Albany City-Se (114)
County:
Albany
Area:
Albany City-Se (114)
School District:
Albany
Property Description
255 State street is the investment that you have been looking for. This 9-unit building is within walking distance to everything Center Square has to offer, which means that it is very easy to rent. The heating system was updated in 2015, with 3 high efficiency Westinghouse boilers and a 60 gallon water heater. (receipt attached) The tenants love having heat and hot water included, which leaves just the electric and cooking gas up to them. We know that some of the units could be updated, but have priced this building with that in mind. Once updated, you could easily be getting 1,000 per unit, if not more. All units are 1br or studio. Please make an appointment and provide proof of funds.**
Exterior Features

Exterior Type BrickStone Garage Description None Lot Size 21.5 X 100 Style Apartment 4+ Units Waterfront No Waterfront

Interior Features

Abv Grnd Sq Ft Source Estimated Basement Finished AreaApartmentInterior EntryWalk Out Cooling Type None Dishwashers 0 Dryers 1 Handicap Access No Heat Fuel Natural Gas Heat System H/W-Radiant Refrigerators 9 Stoves 9 Unit Eight Beds 1 Unit Eight Full Baths 1 Unit Eight Rooms 2 Unit Five Beds 1 Unit Five Full Baths 1 Unit Five Partial Baths 0 Unit Five Rooms 2 Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Partial Baths 0 Unit Four Rooms 2 Unit One Beds 1 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 2 Unit Seven Beds 1 Unit Seven Full Baths 1 Unit Seven Partial Baths 0 Unit Seven Rooms 2 Unit Six Beds 1 Unit Six Full Baths 1 Unit Six Partial Baths 0 Unit Six Rooms 2 Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 2 Unit Two Beds 1 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 2 Washers 1

Property Features

City Town Taxing Entity Albany General Taxes 5915 General Taxes Description Actual School Taxes 9960 School Taxes Description Estimated Sewer Public Special Market Conditions No Special Conditions Total Taxes 15875 Total Taxes Description Estimated Unit Eight Location 4R Unit Eight Monthly Rent 950 Unit Eight Occupancy Lease-Year Unit Eight Owner Furnishes HeatHot Water Unit Eight Rent Desc Actual Unit Five Location 2R Unit Five Monthly Rent 790 Unit Five Occupancy Leased Unit Five Owner Furnishes HeatHot Water Unit Five Rent Desc Actual Unit Four Location 2F Unit Four Monthly Rent 680 Unit Four Occupancy Leased Unit Four Owner Furnishes HeatHot Water Unit Four Rent Desc Actual Unit One Location Basement Unit One Monthly Rent 810 Unit One Owner Furnishes HeatHot Water Unit One Rent Desc Actual Unit Seven Location 3R Unit Seven Monthly Rent 1000 Unit Seven Occupancy Vacant Unit Seven Owner Furnishes HeatHot Water Unit Seven Rent Desc Estimated Unit Six Location 3F Unit Six Monthly Rent 800 Unit Six Occupancy Leased Unit Six Owner Furnishes HeatHot Water Unit Six Rent Desc Actual Unit Three Location 1R Unit Three Monthly Rent 540 Unit Three Occupancy Leased Unit Three Owner Furnishes HeatHot Water Unit Three Rent Desc Actual Unit Two Location 1F Unit Two Monthly Rent 1000 Unit Two Occupancy Vacant Unit Two Owner Furnishes HeatHot Water Unit Two Rent Desc Estimated Water Public

Listing information © 2021 Global MLS.
Listing provided courtesy of Charles Nightingale of Coldwell Banker Prime Prop.:518-451-0056.



© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-12-08T17:12:20.68.
 
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