$21,450*
●
Multifamily -
Off Market
61 Main St
Cohoes, NY 12047
6 Beds
2 Baths
2040 Sqft
$10,000 - $20,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
This property is part of the Equitable Ownership Program (EOP). The
Landbank pairs residents with available resources to create more
affordable homeownership opportunities for individuals/families
residing in or relocating to Albany County's economically
distressed neighborhoods and are seeking to purchase their first
home. In addition to ACLB's standard application requirements, EOP
applicants must also meet the following criteria: Be a first-time
home-buyer (HUD defines first time home buyer as an individual who
has had no ownership in a principal residence during the 3-year
period ending on the date of purchase (closing date) of the
property). Have a household income equal to, or approximately 50%
to 70% of the area median income for Albany County. Currently,
reside in or relocate to EOP Program Area (preference will be given
to applicants that already reside within Program Area) The
applicant will be required to complete first-time home-buyer and
landlord training (if applicable) Participating properties will be
selected by the ACLB and include the following attributes: 1-2
Family Residence (in the event of a two-family homes, the applicant
must occupy as an owner occupant) Properties that require a low to
moderate amount of rehabilitation. Located in Program Area (ACLB
Focus Neighborhoods: South End, West Hill, West End, Sheridan
Hollow, and Arbor Hill; City of Cohoes and City of Watervliet.
Income restrictions/Affordable rental rates will be required. All
Landbank properties are sold in "as is" condition. No warranties
are made regarding property condition. Property subject to
reassessment by the municipality upon completion of improvements or
Certificate of Occupancy. Albany County Land Bank - Irvin
Ackerman
The manager has listed the unit size as 2040 square feet.
The manager has listed the unit size as 2040 square feet.
Unit Size
2,040Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$7
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1890
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 10, 2020 | No longer available | - | |
No longer available | |||
Sep 30, 2019 | Listed | $15,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/30/2019
|
|
6 Bed
|
2 Bath
|
2040 ft²
|
$15,000
6 Bed
2 Bath
2040 ft²
|
-
-
|
-
|
Albany County Land Bank
Albany County Land Bank
|