Address
195-197 N Allen St Albany, NY
Price
$ 425,000
Property Attributes
  • MLS#202115586
  • TypeMulti-Family
  • CountyALBANY
  • CityAlbany
  • AreaAlbany City-N Central
  • Zip12206
  • StyleApartment 4+ Units
  • Year Built1870
  • Taxes$ 9865
  • Price$ 425,000
  • Bedrooms11
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5184
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Michael Keefrider with Coldwell Banker Prime Prop.
Data Source:
GLOBAL MLS
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.

Price History
4/9/2021 Listed $425,000

General Features

Basement Full, Unfinished
Flooring Carpet-Wall/Wall, Ceramic Tile, Hardwood, Laminate, Vinyl
Garage None
Handicap Access No
Listing Area Albany City-N Central (112)
Roof Rubber
School District Albany
Sewer Public
Style Apartment 4+ Units
Water Public
Waterfront No Waterfront

Interior Features

# Refrigerators 5
# Stoves 5
Attic Hatch
Cooling None
Heating Fuel Electricity
Heating System Hot Water
Total # Units 5

Exterior Features

Exterior Aluminum, Vinyl
Exterior Features Porch
Lot Description Corner, Level, Cleared
Lot Size 59 x 81 x 59 x 82
Lot Size Area 0.05

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 12206

Price
AVG $320K
$430K
Taxes
AVG $6,741
$9,865
Visits
AVG 29
21
Year Built
AVG 1910
1870

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover

Fair Housing Icon NY Fair Housing Notice