MULTIPLE OFFERS - BEST & FINAL DUE MON. 3/6 6:30 PM.
Fantastic opportunity to own an Albany three-family / triplex w/ potential income of $2,590/month! All units ready for new tenants or to owner/occupy, and have fresh ROPs (Residential Occupancy Permits).
Prior rents: Unit 3: $945/month, Unit 2: $995/month, and Unit 1: $600/month. Tenants pay separate gas & electric utilities.
All units have many updates, including newer floors, some newer appliances, heaters, and some rooms w/ fresh paint.
Units 2 & 3 each have a very large primary bedroom, w/ 2 additional bonus rooms for added space and a variety of potential uses.
Fenced yard.
Property is conveniently located near bus stop, park, ice skating rink, and many shops and eateries.
Listing agent has ownership interest in property.
Closed
$122,000
488 3rd Street, Albany, NY 12206
3beds
2,904sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$223,700 Zestimate®
$42/sqft
$1,809 Estimated rent
Home value
$223,700
$190,000 - $262,000
$1,809/mo
Zestimate® history
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$1,809/mo
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$690/mo
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 12, 2024 at 07:21pm
Listed by:
Jonathan Holland 518-210-4248,
PMI Capital District
Bought with:
Tina E Stehlin, 10401249861
True Realty Team LLC
Source: Global MLS,MLS#: 202312641
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Space Heater, Natural Gas
Features
- Ceiling Fan(s), High Speed Internet, Crown Molding
- Flooring: Vinyl, Carpet, Ceramic Tile, Laminate, Linoleum
- Basement: Apartment,Finished,Heated,Walk-Out Access
Interior area
- Total structure area: 2,904
- Total interior livable area: 2,904 sqft
- Finished area above ground: 2,904
Property
Features
- Exterior features: None
- Fencing: Back Yard,Chain Link,Fenced
Lot
- Size: 3,049 sqft
- Features: Level
Details
- Parcel number: 010100 65.39156
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Brick, Drywall, Shingle Siding
- Roof: Flat,Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Albany
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/28/2023 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 4/13/2023 | Sold | $122,000+6.2%$42/sqft |
Source:  Global MLS #202312641 Report a problem | ||
| 3/8/2023 | Pending sale | $114,900$40/sqft |
Source: Global MLS #202312641 Report a problem | ||
| 3/2/2023 | Listed for sale | $114,900$40/sqft |
Source: Global MLS #202312641 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $97,000 +223.3% |
| 2023 | -- | $30,000 |
| 2022 | -- | $30,000 |
Find assessor info on the county website
Neighborhood: West Hill
Nearby schools
GreatSchools rating
- 2/10Philip J Schuyler Achievement AcademyGrades: PK-5Distance: 0.2 mi
- 3/10NORTH ALBANY ACADEMY MIDDLE SCHOOLGrades: 6-8Distance: 1.6 mi
- 4/10Albany High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- High: Albany
Source: Global MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Albany County
- Albany
- 12206
- West Hill
- 488 3rd Street