Albany, NY 12206,195-197 N ALLEN Street
Albany, NY 12206,195-197 N ALLEN Street
Albany, NY 12206,195-197 N ALLEN Street
Albany, NY 12206,195-197 N ALLEN Street
Albany, NY 12206,195-197 N ALLEN Street
Albany, NY 12206,195-197 N ALLEN Street
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Listed by Michael Keefrider • Coldwell Banker Prime Properties
Bought with Dominick Ieraci • KW Platform

$375,000

$425,000

11.8%
Est.Price: ?

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Est. payment /mo

5,184 SqFt


SOLD DATE : 09/22/2021

Key Details

Sold Price $375,000

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $72

MLS Listing ID 202115586

Sold Date 09/22/21

HOA Y/N No

Originating Board Global MLS

Year Built 1870

Annual Tax Amount $9,865

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 59 x 81 x 59 x 82

Property Description

This property consists of 2 separate tax IDs 195 (corner lot) 64.36-3-6 which has 3 units and 197 (contiguous including basement) 64.36-3-5 which has 2 units. Both 195 and 197 N Allen are equal square footage, but configures differently. 195 main and 197 upper have both been renovated. $35,878 NOI after deducting Taxes, Insurance and 15% $8,505) total at 5% $2,835 each for management, vacancy and maintenance. These numbers provide an Approximately 8.44% CAP Rate at this price. Very Good Condition

Location

State NY

County Albany

Zoning Single Residence

Direction Take Central Ave between Watervliet Ave and Blessed Sacrament Church. Take N Allen St S to property on left. (Corner of West St across from McVeigh Funeral Home)

Interior

Heating Electric, Hot Water

Flooring Vinyl, Carpet, Ceramic Tile, Hardwood, Laminate

Exterior

Garage None

Waterfront No

Waterfront Description None

Roof Type Rubber

Porch Porch

Building

Lot Description Level, Cleared, Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Apartment 4 Plus Unit

Schools

School District Albany

Others

Tax ID 010100 64.36-3-6

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Michael Keefrider

Licensed Associate Real Estate Broker | Lic# 30KE0495748

+1(518) 423-0481

1345 New Scotland Rd, Slingerlands, NY, 12159

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