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238-248 Sheridan Avenue

Albany, NY 12210
  • $1,399,990
  • STATUS: Active
  • MLS #: 202226955
UPDATED: 40 min ago
$1,399,990
  • 16
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,875
    SQFT
  • $94
    $/SQFT
Type:
Multi-Family
Built:
1905
County:
Area:

School Information

High School:
School District:

Description

ATTN Investors & Developers, opportunity to develop in the 'OPPORTUNITY ZONE'. A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 9 apts, 3 art studios/flex space + 5 vacant lots and a community garden lot. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft style living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING) Very Good Condition

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© 2022 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 2022-12-01T08:12:11.54.
www.tailoredreghomes.com/homes/133241485
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238-248 Sheridan Avenue Albany, NY 12210

  • Price: $1,399,990
  • Status: Active
  • On Site: Days
  • Updated: 40 min ago
  • MLS #: 202226955
16
Beds
0
Baths
0
½ Baths
0.63
Acres
14,875
SQFT
$94
$/SQFT
1905
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
ATTN Investors & Developers, opportunity to develop in the 'OPPORTUNITY ZONE'. A few blocks from Pearl St and all of the re-development going on in downtown. 240 Sheridan is the anchor to a multi property portfolio that consists of 9 apts, 3 art studios/flex space + 5 vacant lots and a community garden lot. Check assoc docs for a complete list of all props included. TOTAL Package price is 1.4mill. This offering is best suitable for a developer looking to take advantage of the vacant lots and potential to build from the ground up. Most Units have been completely restored - modern loft style living. Courtyard, off street parking, central air (in some units) and updated kitchens & baths. (PROOF OF FUNDS REQUIRED PRIOR TO SHOWING) Very Good Condition
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials Brick Exterior Features None Foundation Details Slab Lot Size Dimensions 26136 Sqft Parking Features Off StreetPavedStone Parking Total 60.00 Roof Rubber Waterfront YN No

Interior Features

Basement Slab Cooling Central AirOther Heating Forced AirNatural Gas Multi Family Unit1 Total Bedrooms 1 Multi Family Unit1 Total Full Baths 1 Multi Family Unit1 Total Half Baths 0 Multi Family Unit1 Total Rooms 3 Multi Family Unit2 Total Bedrooms 2 Multi Family Unit2 Total Full Baths 1 Multi Family Unit2 Total Half Baths 0 Multi Family Unit2 Total Rooms 3 Multi Family Unit3 Total Bedrooms 1 Multi Family Unit3 Total Full Baths 0 Multi Family Unit3 Total Half Baths 0 Multi Family Unit3 Total Rooms 1 Multi Family Unit4 Total Bedrooms 1 Multi Family Unit4 Total Full Baths 1 Multi Family Unit4 Total Half Baths 0 Multi Family Unit4 Total Rooms 3 Multi Family Unit5 Total Bedrooms 3 Multi Family Unit5 Total Full Baths 1 Multi Family Unit5 Total Half Baths 1 Multi Family Unit5 Total Rooms 5 Unit1 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit1 Owner Furnish Features ParkingSewerSnow RemovalTrashWater Unit2 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit2 Owner Furnish Features ParkingSewerSnow RemovalTrashWater Unit4 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit4 Owner Furnish Features ParkingSewerSnow RemovalTrashWater Unit5 Includes BathroomKitchenLiving Room Unit5 Owner Furnish Features ParkingSewerSnow RemovalTrashWater

Property Features

Association YN No City Town Taxing Entity Albany Electric Expense 1950.00 Enhanced Accessible YN No General Taxes 9017.00 General Taxes Description Estimated Insurance Expense 5177.00 Listing Terms Other Miscellaneous Expense 1980.00 Multi Family Unit1 Lease Term 12 Months Multi Family Unit1 Monthly Rent 875 Multi Family Unit2 Lease Term 12 Months Multi Family Unit2 Monthly Rent 825 Multi Family Unit3 Lease Term Month To Month Multi Family Unit3 Monthly Rent 635 Multi Family Unit4 Lease Term 12 Months Multi Family Unit4 Monthly Rent 825 Multi Family Unit5 Lease Term 12 Months Multi Family Unit5 Monthly Rent 1475 Operating Expense 43719.00 Possession At Closing Property Sub Type Multi Family School Taxes 14548.00 School Taxes Description Estimated Separate Utilities ElectricHeatWater Heater Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 23565.00 Tenant Pays Cable TvElectricityHeatHot WaterInternet Total Income 132720.00 Water Sewer Expense 2587.00 Water Source Public

Listing information © 2022 Global MLS.
Listing provided courtesy of Michael Field of Field Realty: (518) 495-1877.



© 2022 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 2022-12-01T08:12:11.54.
 
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