39 Catherine Street

Albany, NY 12202

$255,000
Price
6
Beds
3
Baths
2,772 Sq. Ft.
$92 / Sq. Ft.
2,772
Sq. Ft.
$92
per Sq. Ft.

Description

Discover a prime investment opportunity with this fully rented three-unit property. Features three well-appointed apartments each equipped with its own electrical panel, boiler, and water meter. The exposed brick interiors add character and charm, while skylights in the top-floor apartment flood the space with natural light. With a robust capitalization rate, this property promises a solid return on investment. Don't miss your chance to own real estate that combines style, functionality, and profitability.Discover a prime investment opportunity with this fully rented three-unit property. Features three well-appointed apartments each equipped with its own electrical panel, boiler, and water meter. The exposed brick interiors add character and charm, while skylights in the top-floor apartment flood the space with natural light. With a robust capitalization rate, this property promises a solid return on investment. Don't miss your chance to own real estate that combines style, functionality, and profitability.
  1. Listed by Christopher Serra • Coldwell Banker Prime Properties

Property Details for 39 Catherine Street

View
None
Architectural Style
Traditional
Waterfront
No
Parking Total
1.00
LISTING UPDATED: 11/11/2024 08:38 AM

Property Details for 39 Catherine Street

StatusActive
MLS #202427252
Days on Market44
Taxes$3,842 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1880
Lot Size0.03 AC / 1,306 SF
CountyAlbany County

Building Information for 39 Catherine Street

Stories-Residences-Year Built1880Building Size-Lot Size0.03 AC / 1,306 SF

Property Information for 39 Catherine Street

Summary
Location and General Information
  • Postal City: Albany
  • Directions: From 787 take S Pearl St/NY 32 ramp, left on 32, right on Morton, left on Clinton St, right on Catherine. Home on right.
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12202
  • County Or Parish: Albany
  • Latitude: 42.64
  • Longitude: -73.76
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 46.000
  • Tax Block: 5
  • Parcel Number: 010100 76.57-5-46
  • Tax Tract: 76.57
  • Tax Annual Amount: $3,842.24
Parking
  • GarageSpaces: .00
  • Attached Garage: No
  • Parking Features: Off Street
School Information
  • School District: Albany
  • High School: Albany
  • Elementary School: Giffen Memorial
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level
  • Year Built: 1880
  • Lot Size Dimensions: 22.1 X 66.6
  • Above Grade Finished Area: 2772.0
  • Above Grade Finished Area Source: CRS
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: CRS
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
Building Information
  • Living Area: 2772.0
Utilities
  • Other Equipment: None
  • Water Source: Public
  • Utilities: Cable Available
  • Separate Utilities : Water Meter: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 3
  • Separate Utilities : Number Of Separate Water Meters: 3
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
  • Other Structures: None
  • Exterior Features: None
  • Fencing: None
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Interior Features
  • Interior Features: Paddle Fan, High Speed Internet, Crown Molding
  • Heating: Baseboard, Hot Water
  • Roof: Asphalt
  • Flooring: Wood, Ceramic Tile
  • Electric: 100 Amp Service, Circuit Breakers
  • Basement: Apartment, Exterior Entry, Full, Interior Entry, Walk-Out Access
  • Construction Materials: Brick, Drywall, Vinyl Siding
  • Cooling: Window Unit(s)
  • Foundation Details: Permanent
  • Cooling: Yes
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 3
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Notational: 3.00
  • Bedrooms Total: 6
  • Bathrooms Full: 3
  • Bathrooms Half: 0
Multi Family
Multi-Family Information
  • Unit Information : Number Of Air Conditoners: 2
  • Unit Information : Number Of Dryers: 1
  • Unit Information : Number Of Refrigerators: 3
  • Unit Information : Number Of Stoves: 3
  • Unit Information : Number Of Washers: 1
Income & Expenses Information
  • Insurance Expense: $1,715.00
  • Water Sewer Expense: $1,200.00
  • Income And Expenses : Rental Income: $34,800.00
  • Income And Expenses : Rental Income Description: Yearly
  • Income And Expenses : Insurance Expense: $1,715.00
  • Income And Expenses : Miscellaneous Expense: $270.00
  • Income And Expenses : Water Sewer Expense: $1,200.00
  • Income And Expenses : Water Sewer Expense Desc: Estimated
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 2
  • Unit Appliances : Freezer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : Ceramic Tile: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Stove: Yes
Unit 2
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Dryer Hookup: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Storage: Yes
  • Unit Includes : Stove: Yes
  • Unit Includes : Washer Hookup: Yes
  • Unit Detail : Total Bedrooms: 2
  • Unit Appliances : Dryer: Yes
  • Unit Appliances : Freezer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Washer: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
Unit 3
  • Unit Owner Furnish Features : Trash: Yes
  • Unit Owner Furnish Features : Water: Yes
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
  • Unit Includes : Refrigerator: Yes
  • Unit Includes : Storage: Yes
  • Unit Includes : Stove: Yes
  • Unit Detail : Total Bedrooms: 2
  • Unit Amenities : Cable Available: Yes
  • Unit Amenities : High Speed Internet: Yes
  • Unit Dining Room Type : None: Yes
  • Unit Appliances : Freezer: Yes
  • Unit Appliances : Microwave: Yes
  • Unit Appliances : Range: Yes
  • Unit Appliances : Refrigerator: Yes
  • Unit Appliances : Oven: Yes
Unit 4
  • Unit Includes : Storage: Yes
  • Unit Dining Room Type : None: Yes
Rental
Rental Information
  • Land Lease: No
  • Tenant Pays: Internet, Cable TV, Electricity
  • Owner Pays: Trash Collection, Sewer, Water

Property History for 39 Catherine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 39 Catherine Street

Taxable ValueLand$11,600Additions$46,400Total$58,000
Home Facts
Baths3Total Finished SqFt2,772 SqFtAbove Grade Finished SqFt2,772 SqFtStories3Lot Size1,452 SqFtStyleTriplexYear Built1880ZoningR3BCountyALBANYAPN010100 76.57-5-46

Schools near 39 Catherine Street

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Giffen Memorial Elementary School
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 12

Albany High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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39 Catherine Street is a multi-family home for sale in Albany, NY 12202. This property was listed for sale on October 11, 2024 by Coldwell Banker Prime Properties, it's currently listed at $255,000. It has been on the market for a total of 44 days and was last sold on April 20, 2006. This listing's school district is Albany City School District. Nearby schools include Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School and Albany High School. 39 Catherine Street is a 6-bed, 3-bath, 2,772 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Prime Properties

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