$2,500,000
$800K PRICE DROP

Estimated payment $14,138/month

Total Views 13,747
26 Beds
16 Baths
15,000 Sq Ft
$167 Price per Sq Ft

Highlights

  • Corner Lot
  • Bathroom on Main Level
  • Vinyl Flooring
  • No HOA
  • Forced Air Heating System

About This Home

Package deal, 3, 5, 7, 9 and 11 Elberon beautiful brick row house. Each building right next to each other on this street. Amazing investment, renovations completed and tenant occupied. Coin op washer/dryer in the basement of each building. Vinyl plank flooring, designer finishes, super modern, and a great location make this an ideal investment property. Steps to beautiful Washington Park, local colleges, and some units have a view of the pond!

Tax Map Data
3 Elberon 65.70-1-51
5 Elberon 65.70-1-52
7 Elberon 65.70-1-53
9 Elberon 65.70-1-54
11 Elberon 65.70-1-55

Listing Agent

Linda Chiou

GROUP TWENTY SIX NY LLC License #10401369361 Listed on: 04/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,492

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 26 Bedrooms
  • Bathroom on Main Level
  • 16 Full Bathrooms

Parking

  • 22 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Albany High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 51.000 / 1
  • Assessor Parcel Number 010100 65.70-1-51

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Building Details

  • Insurance Expense $5,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,492

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Multi Family
  • Electric Expense: 250.0
  • Year Built: 1890
  • Directions: Turn right onto Everett Rd Ext 0.3 mi Use the left 2 lanes to turn left onto Central Ave Pass by Family Dollar (on the right in 0.8 mi) 1.3 mi Follow N Lake Ave to Elberon Pl 2 min (0.4
  • Above Grade Finished Sq Ft: 15000.0
  • Architectural Style: Low Rise, Apartment 4 Plus Unit
  • Financial Details General Taxes: 5483.31
  • General Taxes Description: Actual
  • Financial Details School Taxes: 9230.86
  • School Taxes Description: Actual
  • Lot Size Acres: 0.06
  • Parking Features Parking Total: 22.0
  • Electric Expense Description: Estimated
  • Insurance Expense Description: Estimated
  • Rental Income: 23048.0
  • Rental Income Description: Actual
  • Income: 295200.0
  • Income Description: Estimated
  • Number of Dishwashers: 16
  • Unit Information Number Of Dryers: 5
  • Number of Refrigerators: 16
  • Unit Information Number Of Stoves: 16
  • Unit Information Number Of Washers: 5
  • Structure Type: Triplex
  • Flooring:Vinyl: Yes
  • Architectural Style:Low Rise: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement: Unfinished
  • Full Bathrooms: 16
  • Total Bedrooms: 26
  • Below Grade Sq Ft: 5000.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 10: 4th
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Bathroom Levels Full Bathroom 4: 1st
  • Bathroom Levels Full Bathroom 5: 2nd
  • Bathroom Levels Full Bathroom 6: 3rd
  • Bathroom Levels Full Bathroom 7: 1st
  • Bathroom Levels Full Bathroom 8: 2nd
  • Bathroom Levels Full Bathroom 9: 3rd
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: Other
  • Roof: Flat
  • Construction Type: Brick
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Other58: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 22.0
  • Property Detail:Parking YN: Yes
  • Parking Features:Paved: Yes
  • Tenant Pays:Parking Fee: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 010100 65.70-1-51
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Parking Fee, Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 5200.0
  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 3491.73
  • Tax Block: 1
  • Tax Lot: 51.000
  • Tax Tract: 65.70

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,538 $394,000 $78,800 $315,200
2023 $3,226 $75,000 $16,400 $58,600
2022 $3,161 $75,000 $16,400 $58,600
2021 $3,154 $75,000 $16,400 $58,600
2020 $2,846 $75,000 $16,400 $58,600
2019 $2,953 $75,000 $16,400 $58,600
2018 $3,213 $75,000 $16,400 $58,600
2017 $1,834 $75,000 $16,400 $58,600
2016 $3,223 $82,000 $16,400 $65,600
2015 $2,569 $70,000 $28,100 $41,900
2014 -- $70,000 $28,100 $41,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2025 04/20/25 For Sale $2,500,000 0.0% $167 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
12/28/2024 12/28/24 Price Changed $2,500,000 0.0% $167 / Sq Ft
12/28/2024 12/28/24 For Sale $2,500,000 -3.8% $167 / Sq Ft
11/23/2024 11/23/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $2,600,000 -3.7% $173 / Sq Ft
03/06/2024 03/06/24 Price Changed $2,700,000 -3.6% $180 / Sq Ft
10/08/2023 10/08/23 Price Changed $2,800,000 -15.2% $187 / Sq Ft
09/11/2023 09/11/23 For Sale $3,300,000 -- $220 / Sq Ft
Source: Global MLS

Source: Global MLS

MLS Number: 202324540

Global MLS

APN: 010100-065-070-0001-051-000-0000