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477-479 First St

Albany, NY 12206
  • $229,000
  • STATUS: Active
  • MLS #: 202122908
UPDATED: 69 min ago
$229,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,896
    SQFT
  • $47
    $/SQFT
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

School District:

Description

15% Cap Rate when fully rented 4 unit income property. With minor updating you could raise the rents. Newer plumbing, updated electrical, all separate utilities, clean and dry basement. Newer rear deck provides all units access to the oasis like large treed lot. Tenants pay all their own utilities. Start collecting multiple rent streams on day one and update as you see fit. Go and show for basement and top left unit as it is vacant. Other units to be showed for second showings only as we need to work around tenants. All tenants on time.

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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 2021-10-21T23:12:17.193.
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477-479 First St Albany, NY 12206

  • Price: $229,000
  • Status: Active
  • Updated: 69 min ago
  • MLS #: 202122908
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,896
SQFT
$47
$/SQFT
1905
Built
Neighborhood:
Albany City-N Central (112)
County:
Albany
Area:
Albany City-N Central (112)
School District:
Albany
Property Description
15% Cap Rate when fully rented 4 unit income property. With minor updating you could raise the rents. Newer plumbing, updated electrical, all separate utilities, clean and dry basement. Newer rear deck provides all units access to the oasis like large treed lot. Tenants pay all their own utilities. Start collecting multiple rent streams on day one and update as you see fit. Go and show for basement and top left unit as it is vacant. Other units to be showed for second showings only as we need to work around tenants. All tenants on time.
Exterior Features

Exterior Type Vinyl Lot Description Treed Lot Size 51 X 118.33 Style Apartment 4+ Units

Interior Features

Abv Grnd Sq Ft Source Estimated Basement FullExterior EntryHeated Cooling Type Window A/C Unit Handicap Access No Heat Fuel Electricity Heat System Baseboard Unit Four Beds 2 Unit Four Full Baths 1 Unit Four Partial Baths 0 Unit Four Rooms 4 Unit One Beds 1 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 3 Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 3 Unit Two Beds 2 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 4

Property Features

City Town Taxing Entity Albany Rental Income 3200 Sewer Public Special Market Conditions No Special Conditions Total Taxes 3700 Total Taxes Description Estimated Unit Four Location Upper R Unit Four Monthly Rent 800 Unit Four Rent Desc Actual Unit One Location Bottom L Unit One Monthly Rent 800 Unit One Rent Desc Actual Unit Three Location Lower R Unit Three Monthly Rent 800 Unit Three Rent Desc Actual Unit Two Location Upper L Unit Two Monthly Rent 800 Unit Two Rent Desc Actual Water Public

Listing information © 2021 Global MLS.
Listing provided courtesy of David Kellogg of Thomas P Moore:518-364-3406.



© 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 2021-10-21T23:12:17.193.
 
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