721 State Street

Albany, NY 12203

$279,900
Price
7
Beds
2
Baths
2,072 Sq. Ft.
$135 / Sq. Ft.
2,072
Sq. Ft.
$135
per Sq. Ft.

Description

Cash Flowing 2 family located in a very strong student rental area. Updates throughout, and near public transportation, minutes from Ualbany's downtown campus, Albany med and downtown Albany. Can be packaged with a variety of 9 other nearby rental properties.Cash Flowing 2 family located in a very strong student rental area. Updates throughout, and near public transportation, minutes from Ualbany's downtown campus, Albany med and downtown Albany. Can be packaged with a variety of 9 other nearby rental properties.
  1. Listed by David M Schrepper • RE/MAX Solutions
  2. Listed by Jonathan Lanahan • RE/MAX Solutions

Property Details for 721 State Street

Architectural Style
Traditional
Zoning
Multi Residence
Waterfront
No
Parking Total
.00

Location

Listing Courtesy of RE/MAX Solutions
Add your commute
LISTING UPDATED: 05/06/2024 01:50 PM

Property Details for 721 State Street

StatusActive
MLS #202416422
Days on Market16
Taxes$6,251 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1929
Lot Size0.04 AC / 1,742 SF
CountyAlbany County

Location

Listing Courtesy of RE/MAX Solutions
Add your commute

Virtual Tour

Building Information for 721 State Street

Stories-Residences-Year Built1929Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$2,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,528

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 721 State Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: WESTERN TO QUAIL(TOWARD WASHINGTON)LEFT ON STATE HOUSE ON RIGHT
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12203
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.78
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 15
  • Tax Block: 3
  • Parcel Number: 010100 65.53-3-15
  • Tax Tract: 65.53
  • Tax Annual Amount: $6,250.58
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
  • Elementary School: Philip J. Schuyler Achievement
Virtual Tour
Property
Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level
  • Year Built: 1929
  • Lot Size Dimensions: 25x75
  • Above Grade Finished Area: 2072.0
  • Above Grade Finished Area Source: Estimated
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742.4
Building Information
  • Living Area: 2072.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Water Heater: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 2
  • Separate Utilities : Number Of Separate Gas Meters: 2
Interior and Exterior Features
Exterior Features
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Exterior Features: None
Interior Features
  • Heating: Hot Water, Natural Gas
  • Flooring: Vinyl, Tile, Wood
  • Electric: Circuit Breakers
  • Basement: Full
  • Construction Materials: Wood Siding
  • Heating: Yes
  • Attic Features : Hatch: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 7
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Unit Information : Number Of Refrigerators: 2
  • Unit Information : Number Of Stoves: 2
Income & Expenses Information
  • Insurance Expense: $1,400.00
  • Maintenance Expense: $2,000.00
  • Water Sewer Expense: $1,000.00
  • Income And Expenses : Rental Income: $3,000.00
  • Income And Expenses : Rental Income Description: Actual
  • Income And Expenses : Total Income: $36,000.00
  • Income And Expenses : Total Income Description: annual
  • Income And Expenses : Insurance Expense: $1,400.00
  • Income And Expenses : Insurance Expense Description: Actual
  • Income And Expenses : Maintenance Expense: $2,000.00
  • Income And Expenses : Water Sewer Expense: $1,000.00
  • Income And Expenses : Water Sewer Expense Desc: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 1st Floor: 3
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
Unit 2
  • Rent: $1,500.00
  • Unit Detail : Total Bedrooms: 4
  • Unit Detail : Bedrooms on 2nd Floor: 3
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
Rental
Rental Information
  • Tenant Pays: Hot Water, Heat, Electricity, Gas
  • Owner Pays: Trash Collection, Sewer, Water

Property History for 721 State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 721 State Street

Taxable ValueLand$30,800Additions$123,200Total$154,000
Home Facts
Baths2Total Finished SqFt2,072 SqFtAbove Grade Finished SqFt2,072 SqFtStories2Lot Size1,875 SqFtStyleDuplexYear Built1929ZoningR2BCountyALBANYAPN010100 65.53-3-15

Schools near 721 State Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Philip J Schuyler Achievement Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 8

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

721 State Street is a multi-family home for sale in Albany, NY 12203. This property was listed for sale on May 2, 2024 by RE/MAX Solutions, it's currently listed at $279,900. It has been on the market for a total of 16 days and was last sold on June 6, 2005. This listing's school district is Albany City School District. Nearby schools include Philip J Schuyler Achievement Academy, Stephen And Harriet Myers Middle School and Albany High School. 721 State Street is a 7-bed, 2-bath, 2,072 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Solutions

©2024 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.