Bought with non-member non member • NON MLS OFFICE
$2,275,000
$2,325,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
1-27 Olmstead Street Cohoes, NY 12047
16 Beds
28 Baths
0.65 Acres Lot
Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202320466
Sold Date 07/01/24
Bedrooms 16
Full Baths 28
HOA Y/N No
Originating Board Global MLS
Year Built 1963
Annual Tax Amount $43,000
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type 5+ Units
Property Description
This property is being sold as a package as 1-27 Olmstead Street. This is a great opportunity for an investor to heavily expand upon their portfolio. 1-27 Olmstead Street consists of 28 units across 14 contiguous townhome style buildings. The property is located just off the newly renovated Remsen street, the main corridor in Cohoes that includes attractions such as Cohoes Music Hall as well as restaurants to the likes of Anthony's Italian, The Daisy, Donnie Magoos, Bye-I Brewing, among others. The property is also located just a short drive from I-787 making for easy access to Albany and Troy, as well as other employment centers. All units have basically the same layout, only two model units will be shown and any offers can be written contingent on walk through of all units.
Location
State NY
County Albany
Zoning Multi Residence
Direction Take I-787 North from Albany. Continue on I-787 North for about 7 miles. Take Exit 8 for NY-470/Cohoes-Waterford. Keep right at the fork, follow signs for Cohoes. Merge onto NY-470 West/Saratoga Street. Continue on Saratoga Street for about 1.5 miles. Turn right onto Ontario Street. After about 0.4 miles, turn left onto Olmstead Street. Destination will be on the right.
Interior
Heating Electric
Flooring Carpet, Hardwood, Laminate
Exterior
Exterior Feature None
Roof Type Rubber,Shingle
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Cohoes
Others
Tax ID 010300 10.12-1-17.2
Special Listing Condition Standard
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