See Home Value
$772,206*
Multifamily - Off Market

240 ELM ST

Albany, NY 12202
bedrooms
Studio
bathrooms
12 Baths
square feet
8244 Sqft
$486,000 - $594,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

One of those rare opportunities to purchase 12 Units across 4 buildings at extreme discount. 3 Units per building all 1 bedrooms, with only 3 of the 12 units occupied. All units need work, and there is evidence of a roof leak in 3 of the 4 buildings. ARV estimate of $275,000 per building; $1.1 Million total.  All separate utilities. Addresses are 240 Elm, 123, 125 and 129 Dove St. Might have to be cash deal, or constriction loan. Showings only permitted with proof of funding.

The manager has listed the unit size as 8244 square feet.
Unit Size
8,244Ft²
Days on Market
-
Land Size
-
Price per sqft
$66
Property Type
Multifamily
Property Taxes
$1,575
HOA Dues
-
Year Built
1880

Price History

Date / Event Date Event Price
Mar 9, 2020 No longer available -
No longer available
Nov 8, 2019 Relisted $540,000
Relisted
Nov 1, 2019 No longer available -
No longer available
Oct 4, 2019 Listed $540,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191004
10/04/2019
Studio
12 Bath
8244 ft²
$540,000
bedrooms
Studio
bathrooms
12 Bath
square feet
8244 ft²
-
-
-
Shane Mahar
Madison Park Real Estate

Building Info

240 Elm Street 240 Elm Street, Albany, NY 12202
More about this Building
240 Elm Street
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About Capitol Hill


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