477-479 1st St, Albany, NY 12206
477-479 1st St, Albany, NY 12206
477-479 1st St, Albany, NY 12206
FOR SALE

477-479 1st St
Albany, NY 12206

West Hill

Local Information

  • Map View
    Explore the area around 477-479 1st St.
  • Street View
    Take a virtual walk around the neighborhood.
  • Schools
    1 Elementary School
    1 Middle School
    1 High School
  • Crime
    Moderate crime relative to the rest of the area.
  • Commute
    60% of residents commute by car.
  • Shop & Eat
    180 Restaurants
    32 Groceries
    45 Nightlife

Description

15% Cap Rate when fully rented 4 unit income property. With minor updating you could raise the rents. Newer plumbing, updated electrical, all separate utilities, clean and dry basement. Newer rear deck provides all units access to the oasis like large treed lot. Tenants pay all their own utilities. Start collecting multiple rent streams on day one and update as you see fit. Go and show for basement and top left unit as it is vacant. Other units to be showed for second showings only as we need to work around tenants. All tenants on time.
Last check for updates: about 4 hours ago
Listing by: Thomas P Moore, (518) 364-3406
David Kellogg, (518) 364-3406
Source: Global MLS, MLS#202122908

Home Details for 477-479 1st St

Year Built
1905
Parking
No Info
Price/Sqft
$47
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
No Info
Interior Features
Interior Details
Basement: Full,Exterior Entry,Heated
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4896 Square Feet
Heating & Cooling
Heating: Electric,BaseboardHas CoolingAir Conditioning: Window Unit(s)Has Heating
Exterior Features
Parking & Garage
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4896 Square Feet
Days on Market
Days on Market: 75
Property Information
Year Built
Year Built: 1905
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment 4+ UnitsArchitecture: Apartment 4+ Units
Building
Construction Materials: Vinyl Siding
Property Information
Parcel Number: 010100 65.47336
Price & Status
Price
Price Per Sqft: $47
Active Status
MLS Status: Active
Location
School Information
Elementary School District: AlbanyJr High / Middle School District: AlbanyHigh School District: Albany
Agent Information
Listing Agent
MLS/Source ID: 202122908
HOA
No HOA
Lot Information
Lot Area: 6034.83 Square Feet
Listing Info
Special Conditions: No Special Conditions
Tax Information
Annual Tax Amount: $3,700Tax Block: 3Tax Lot: 36
Compensation
Buyer Agent Commission: 2.5Buyer Agent Commission Type: %
Business
Business Information
Owner Name: Wallace Estates Inc
Miscellaneous
Basement

Price History for 477-479 1st St

Event DetailsPrice
09/06/2021
PendingToActive
Global MLS #202122908
$229K

08/04/2021
Pending
Global MLS #202122908
$229K

07/07/2021
Listed For Sale
Global MLS #202122908
$229K

Similar Homes You May Like

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Price Trends

For homes in 12206
$165,631
Typical home value
This home: $229,000 28% above
$121
Typical Home Value by sqft
This home: $47 159% below
Price trends provided by third party data sources.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about West Hill

At least 41 Trulia users voted on each feature.
  • 88%
    There are sidewalks
  • 72%
    Yards are well-kept
  • 66%
    It's walkable to restaurants
  • 65%
    It's walkable to grocery stores
  • 64%
    Kids play outside
  • 63%
    Parking is easy
  • 61%
    Car is needed
  • 55%
    There's holiday spirit
  • 54%
    Streets are well-lit
  • 52%
    They plan to stay for at least 5 years
  • 51%
    It's dog friendly
  • 47%
    There are community events
  • 45%
    There's wildlife
  • 42%
    It's quiet
  • 39%
    People would walk alone at night
  • 32%
    Neighbors are friendly
Learn more about our methodology.
  • Trulia User
    "This is the worst neighborhood to live in and plan to live in for long term. No respect for anyone. You have fireworks going off all day and night. Music blasting during after hours around 12-3 am. Just not the place people want to live and see their kids grow. "
    13
    Flag
  • Trulia User
    "I've live in this neighborhood for 4 years and they are friendly and respectful. no trouble. no one troubles anything for you, also you could leave your doors open ,and no one comes in"
    14
    Flag
  • Trulia User
    "Neighborhood has good transportation it’s easy to get too this area could be better kept and it kinda went down hill from previous years but overall not a bad neighborhood "
    5
    Flag
  • Trulia User
    "I work and hike through the neighborhood. The rent has gone up greatly since 2014. It has become hard to find even a room and bed bug infestation is a problem in many homes unfortunately. . The bus system is very good and walking through the neighborhood is nice. The people are not outwardly friendly but they are helpful if you ask for help.. I love albany."
    9
    Flag
  • Trulia User
    "I’m here for school. People are friendly and helpful. Nice place to live with a huge park. I like the neighborhood."
    3
    Flag
  • Trulia User
    "Getting around is very easy, lots of public transportation is available. A little hard to park in area around office buildings."
    1
    Flag
  • Trulia User
    "Nice neighborhood from what I know I keep to myself mostly. Near bus stops, as well as major grocery stores. Parking is alternate side once a week on either side. "
    2
    Flag
  • Trulia User
    "I hate my neighborhood. neighbors are ride and mean. some of them not good people at all. there is trash everywhere. people around here act like they don't care. "
    17
    Flag
  • Trulia User
    "I lived here for about 2 years now and I like it! I see a lot of my neighbors outside walking their dogs and I love them because they are super friendly like myself."
    7
    Flag
  • Trulia User
    "Parking is a very big problem. No owner occupied homes. Full of section 8 or public assistance. To many kids and no parent watching them!"
    12
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Local REALTOR® - Douglas Perlson, Corp. Broker - (646) 315-9116
477-479 1st St, Albany, NY 12206 is a 6 bedroom, 4 bathroom, 4,896 sqft multi-family built in 1905. 477-479 1st St is located in West Hill, Albany. This property is currently available for sale and was listed by Global MLS on Jul 7, 2021. The MLS # for this home is MLS# 202122908.