687 State Street, Albany, NY 12203 (MLS# 202414536)

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687 State Street, Albany, NY 12203

$299,900
Property Type: MultiFamily Bedrooms: 7 Square Footage: 2,056 Lot Size (sq. ft.): 2,178 Status: Pending
Current Price: $299,900 List Date: 4/03/2024 Last Modified: 4/10/2024

Description

***MULTI-OFFER SITUATION: HIGHEST & BEST DUE ON OR BY SUNDAY, APRIL 7TH BY 6PM** Situated on a well-maintained block in Albany, this charming centrally located two-family home offers an enticing blend of convenience and comfort. Boasting a total of 7 bedrooms, it presents an excellent opportunity for both homeowners and investors alike. Renovated in 2006, the property retains its modern appeal and functionality, requiring minimal maintenance for its occupants. With a monthly rental income of $3765, taxes under $4700 annually, and separate utilities, this investment promises consistent returns even in today's market. Added conveniences include washer dryer facilities in the basement, off-street parking, and a spacious backyard, enhancing the appeal for potential tenants.

More Information MLS# 202414536

Contract Information

Property Sub Type: Duplex Status: Pending Original List Price: 299900 List Price: $299,900 Current Price: $299,900 Listing Contract Date: 2024-04-03 List Price/SqFt: 145.87

Location

Street Number: 687 Street Name: State Street Suffix: Street County: Albany State/Province: NY Postal Code: 12203 City/Town (Mail): Albany Geo Lat: 42.663366 Geo Lon: -73.776785

Commission Detail

Broker Agent Compensation Type: %

Property Detail

Rooms Total: 13 Bedrooms Total: 7 Bathrooms Full: 2 Year Built: 1905 Above Grade Finished Area: 2056 Living Area: 2056 Lot Size Acres: 0.05 Waterfront Y/N: No Enhanced Accessible Y/N: No Parking Y/N: Yes

Parcel, Tax, HOA

New Construction Y/N: No Parcel Number: 010100 65.62-3-15 Tax Annual Amount: 4800 Total Taxes Description: Estimated Tax Block: 3 Tax Section: 65.62 Tax Lot: 15.000 School District: Albany High School: Albany Association Y/N: No

Directions & Remarks

Directions: TAKE QUAIL ST TO STATE ST, BETWEEN QUAIL & ONTARIO. Public Remarks: ***MULTI-OFFER SITUATION: HIGHEST & BEST DUE ON OR BY SUNDAY, APRIL 7TH BY 6PM** Situated on a well-maintained block in Albany, this charming centrally located two-family home offers an enticing blend of convenience and comfort. Boasting a total of 7 bedrooms, it presents an excellent opportunity for both homeowners and investors alike. Renovated in 2006, the property retains its modern appeal and functionality, requiring minimal maintenance for its occupants. With a monthly rental income of $3765, taxes under $4700 annually, and separate utilities, this investment promises consistent returns even in today's market. Added conveniences include washer dryer facilities in the basement, off-street parking, and a spacious backyard, enhancing the appeal for potential tenants.

Status Change Info

Status Change Date: 2024-04-09 Under Contract Date: 2024-04-08 Proposed Closing Date: 2024-05-24

Bath Levels

Full Bath 1: 1st Full Bath 2: 2nd

Financial Details

General Taxes: 2000 General Taxes Description: Estimated School Taxes: 2800 School Taxes Description: Estimated

Parking Features

Parking Total: 3

Unit Information

Number Of Dishwashers: 2 Number Of Dryers: 1 Number Of Refrigerators: 2 Number Of Stoves: 2 Number Of Washers: 1

Unit 1 Detail

Rent: 1770 Rent Description Unit 1: Actual Lease Term Unit 1: 12 Months Total Rooms Unit 1: 6 Total Bedrooms: 3 Bedrooms on 1st Floor: 3 Total Full Baths: 1 Full Baths 1st Floor: 1 Kitchens 1st Floor: 1 Living Rooms 1st Floor: 1

Unit 2 Detail

Rent: 1995 Rent Description Unit 2: Actual Lease Term Unit 2: 12 Months Total Rooms Unit 2: 7 Total Bedrooms: 4 Bedrooms on 2nd Floor: 4 Total Full Baths: 1 Full Baths 2nd Floor: 1 Kitchens 2nd Floor: 1 Living Rooms 2nd Floor: 1

Property Features

Architectural Style: Other Basement: Full Construction Materials: Vinyl Siding Duplex Type: Up And Down Exterior Features: None Flooring: Hardwood; Tile Heating: Hot Water; Natural Gas Laundry Features: In Basement Lot Features: Level Owner Pays: Snow Removal; Trash Collection; Water Parking Features: Off Street Possession: At Closing Roof: Rubber Separate Utilities: Electric; Gas Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Lockbox; Pet(s) on Premises; Showing Service Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Heat; Hot Water Unit 1 Dining Room Type: Combined DR/LR Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 2 Dining Room Type: Combined DR/LR Unit 2 Appliances: Dishwasher; Range; Refrigerator Water Source: Public

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.