Address
1-27 Olmstead Street, Cohoes, NY
Price
$ 2,325,000
Property Attributes
- MLS#202320466
- TypeContingent
- CountyALBANY
- CityCohoes
- AreaCohoes
- Zip12047
- StyleApartment 4 Plus Unit
- Year Built1963
- Taxes$ 43000
- Price$ 2,325,000
- Bedrooms16
- Full Bathrooms28
- Half Bathrooms0
- Lot Size0.65 Acres
Data Source:
Global MLS (GCAR)
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.
| Price History | |
|---|---|
| 7/12/2023 | Listed $2,375,000 |
| 1/11/2024 | 87% - $325,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Possession | At Closing |
| Roof | Rubber,Shingle |
| Exterior Features | None |
| Zoning | Multi Residence |
| Garage Spaces | 0.0 |
| Architectural Style | Apartment 4 Plus Unit |
| Construction Materials | Brick |
| Year Built | 1963 |
| Property SubType | 5+ Units |
| County | Albany |
| New Construction | No |
| Property Type | MultiFamily |
| HOA / Comm Assn | No |
| Contingency | Contingent - Continue to Show |
| Status | Contingent - Continue to Show |
| Buyer Financing | Conventional |
| Directions | 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 Stree |
| ModificationTimestamp | 2024-03-12T18:17:59Z |
| City | Cohoes |
| Buyer Agent Compensation | 1.50 |
| View Y/N | No |
| High School District | Cohoes |
| Total Units | 28 |
| Lot Size Square Feet | 28314.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Olmstead |
| Land Lease Y/N | No |
| Tax Annual Amount | 43000.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.hommati.com/3DTour-AerialVideo/unbranded/1-Olmstead-St-Cohoes-NY--HPI26233248 |
| Days on Market | 245 |
| Standard Status | Pending |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Cohoes |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Carpet,Hardwood,Laminate |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Full Baths | 28 |
| Street Suffix | Street |
| Total Bedrooms | 16 |
| Electric On Property Y/N | No |
| Total Baths | 28 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 20.0 |
| Lot Size Area | 0.65 |
| Foundation Details | Brick/Mortar |
| Spa | No |
| Lot Size Acres | 0.65 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | Yes |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 12047
Price
Taxes
Visits
Year Built
Walkscore
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