37 SOUTH FAMILY DR, Colonie, NY 12206 | 202123099 | HUNT Real Estate

37 SOUTH FAMILY DR $1,299,000


    37 SOUTH FAMILY DR Colonie, NY 12206

    • 0 Beds
    • 0 Baths
    • 7,812 sq. ft.
    • Multi-Family
    • MLS# 202123099
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    Views: 10 Days On Site: 146

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    Property Details

    Investment property!!! 3 Building Complex situated upon Shaker Grounds, total of 14 units, mix of one, two and three bedrooms units owner supplies heat & hot water. Brand New roof on building 1 & some apartments have been updated. Historic development setting for townhouse style apartments on four plus acre site. Barn/Garage potential to expand & build subject to town approval. Current Cash on cash Cap rate is 9%. Rent roll, survey & plot map available to view. Come make this your next project in the great location of South Colonie!

    • General Features
      • General Taxes $4,231
      • School Taxes $10,359
      • Year Built 1817
    • Building Features
      • Above Ground SQFT 7812
      • ATTIC Full,Pull-Down
      • Basement Full
      • Cooling Type None
      • Exterior Brick
      • Exterior Features Porch
      • Flooring Vinyl, Wood Floor
      • Garage Description Barn
      • Roof Asphalt Shingle
      • Heat Fuel Oil
      • Heat System Baseboard
    • Property Features
      • Acres 4.13
      • Lot Description Privacy
      • Lot Size 4.13
      • STYLE1 Apartment 4+ Units,Other~See Remarks
    • Schools
      • School District South Colonie



    12206 (Colonie) Demographics

    30 Median Age
    7,756 Population Density (per sq. mile)
    29% College Educated
    $36,396 Estimated Median Income
    1,688 Estimated Total Home Owners
    4,540 Estimated Total Renters
    27% / 73% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,480 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $229,000 Median Sales Price
    6 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,299,000
        8/29/2021 5:14:43 PM Status Changed Source: Multiple Listing Service New Value: Pending
        8/25/2021 12:29:52 PM Price Reduced Source: Multiple Listing Service New Value: $1,299,000 -13.4%
        8/25/2021 12:29:52 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/13/2021 4:14:45 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/8/2021 1:46:00 PM New in Database Source: Multiple Listing Service New Value: $1,500,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.