Bought with Samantha M Curry • New Scotland Realty
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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $150
MLS Listing ID 202430224
Sold Date 12/30/24
Bedrooms 16
Full Baths 8
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,916
Lot Size 0.790 Acres
Acres 0.79
Property Sub-Type 5+ Units
Source Global MLS
Property Description
A rare find in Colonie! This 8-plex, a true white rhino in a market with scarce multifamily options, offers incredible potential. Located where duplexes sell for over $400k and two-unit rentals fetch $2k+, this property is primed for value-add opportunities. The offering includes two brick four-plexes with space for a potential paved parking lot between the buildings. Note: this is a construction project requiring cash or a construction loan. Proof of funds (POF) is required for serious inquiries. Videos available upon request; walkthroughs are agent-accompanied only.
Location
State NY
County Albany
Direction Take I-90 West from Albany. Merge onto I-87 North (Exit 1N) toward Saratoga Springs.Take Exit 2E toward Wolf Road/Colonie. Merge onto Wolf Road, then turn left onto Sand Creek Road. Turn right onto Anthony Lane. Destination will be on your right.
Interior
Heating Baseboard, Hot Water, Natural Gas
Flooring Hardwood
Exterior
Exterior Feature None
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District South Colonie
Others
Tax ID 012689 43.13-2-18
Special Listing Condition Standard
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