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    195-197 N Allen St

    Albany, NY 12206
    • $425,000
    • STATUS: Active
    • MLS #: 202115586
    $425,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,184
      SQFT
    • $82
      $/SQFT
    Type:
    Multi-Family
    Built:
    1870
    County:

    School Ratings & Info

    School District:

    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.

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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 2021-05-18T00:12:18.423.
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    195-197 N Allen St Albany, NY 12206

    • Price: $425,000
    • Status: Active
    • MLS #: 202115586
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    5,184
    SQFT
    $82
    $/SQFT
    1870
    Built
    Neighborhood:
    Albany City-N Central (112)
    County:
    Albany
    Area:
    Albany City-N Central (112)
    School District:
    Albany
    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.
    Exterior Features

    Exterior Features Porch Exterior Type AluminumVinyl Garage Description None Lot Description CornerLevelCleared Lot Size 59 X 81 X 59 X 82 Roof Rubber Style Apartment 4+ Units Waterfront No Waterfront

    Interior Features

    Abv Grnd Sq Ft Source Estimated Air Conditioners 0 Attic Hatch Basement FullUnfinished Cooling Type None Dryers 0 Flooring Ceramic TileCarpet-Wall/WallHardwoodLaminateVinyl Handicap Access No Heat Fuel Electricity Heat System Hot Water Refrigerators 5 Stoves 5 Unit Five Beds 2 Unit Five Full Baths 1 Unit Five Partial Baths 0 Unit Five Rooms 6 Unit Four Beds 3 Unit Four Full Baths 1 Unit Four Partial Baths 0 Unit Four Rooms 6 Unit One Beds 2 Unit One Full Baths 1 Unit One Partial Baths 0 Unit One Rooms 4 Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Partial Baths 0 Unit Three Rooms 3 Unit Two Beds 3 Unit Two Full Baths 1 Unit Two Partial Baths 0 Unit Two Rooms 7 Washers 0

    Property Features

    Assumable Mortgage No City Town Taxing Entity Albany General Taxes 3745 General Taxes Description Estimated Oil Exp 0 Possession Arranged Rental Income 56700 Rental Income Description E School Taxes 6115 School Taxes Description Estimated Sewer Public Special Market Conditions No Special Conditions Total Income Description Estimated Total Taxes 9865 Total Taxes Description Estimated Unit Five Location 197 2nd Unit Five Monthly Rent 1200 Unit Five Rent Desc Estimated Unit Four Location 197 1st Unit Four Monthly Rent 1000 Unit Four Rent Desc Actual Unit One Location 195Front Unit One Monthly Rent 900 Unit One Rent Desc Actual Unit Owner Furnishes WaterSewerWater &Amp; SewerTrash RemovalLawn CareSnow RemovalManagement Fee Unit Three Location 195 Rear Unit Three Monthly Rent 675 Unit Three Rent Desc Actual Unit Two Location 195 2nd Unit Two Monthly Rent 950 Unit Two Rent Desc Actual Water Public

    Listing information © 2021 Global MLS.
    Listing provided courtesy of Michael Keefrider of Coldwell Banker Prime Prop.:518-423-0481.



    © 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 2021-05-18T00:12:18.423.
     
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