1-27 Olmstead Street Cohoes, NY ^$ 2,325,000

1-27 Olmstead Street

^$ 2,325,000

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1-27 Olmstead Street

Cohoes, NY, 12047

^$ 2,325,000

Bedrooms16 Baths28.0

Monthly Estimate*

^$ 15,453

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Multi-Family Home for sale in Cohoes, NY

for $2,325,000 with 16 bedrooms and 28 full baths. This home was built in 1963 on a lot size of 0.65.

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.

Multi-Family Contingent

Price

^$ 2,325,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 43,000

Style

Apartment 4 Plus Unit

Lot Size

0.65

Year Built

1963

Town/City

Cohoes

County/Region

Albany

MLS | Web ID

202320466

Features

General

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 N

Property Type MultiFamily

HOA / Comm Assn N

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

City Cohoes

Buyer Agent Compensation 1.50

View Y/N N

High School District Cohoes

NumberOfUnitsTotal 28

Lot Size Units Acres

Lot Size Square Feet 28314.0

Waterfront Y/N N

Carport Y/N N

Street Name Olmstead

Land Lease Y/N N

Tax Annual Amount 43000.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/1-Olmstead-St-Cohoes-NY--HPI26233248

Days on Market 245

Standard Status Pending

Tax Assessed Value 0

Buyer Agent Compensation Type %

Interior

Basement Full

Flooring Carpet Hardwood Laminate

Basement (Y/N) N

Heating Y/N Y

Full Baths 28

Half Baths 0

Street Suffix Street

Total Bedrooms 16

Electric On Property Y/N N

Total Baths 28

Exterior

Water Source Public

Total Parking 20.0

Lot Size Area 0.65

Foundation Details Brick/Mortar

Spa N

Lot Size Acres 0.65

Crops Included Y/N N

Open Parking Y/N Y

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 127

* Excluded Features

List By

Samantha Curry

Listing Agent

New Scotland Realty

Broker

(603) 209-1976

Phone

Samantha@newscotlanddev.com

Affordability Calculator

$19,036

Per Month

Monthly Principal & Interest: $15,453
Monthly Property Taxes: $3,583
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cohoes, NY

Average List Price ^$422,413

Percent of Sale Price 82%

About Cohoes, NY

18,421 Population

18% Since 2002

^$48,659 Median Income

41.11 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853203 Elementary School

853151 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/11/2024	$325,000	-86.32%	Price Down
7/12/2023	$2,375,000		Listed Price

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1-27 Olmstead Street, Cohoes, NY, 12047 is a Multi-Family Home for sale at $2,325,000 with a lot size of 0.65. 1-27 Olmstead Street has 16 bedrooms, 28.0 baths, and was built in 1963. The property's zip code is 12047 which is in Cohoes, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 6/2/2024.

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1-27 Olmstead Street

Multi-Family Home for sale in Cohoes, NY

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