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Serving Buyers & Sellers in Columbia County, NY

1 – 7 Church Street, Claverack, NY 12565 (MLS# 140043)


$2,525,000
1 - 7 Church Street
Claverack, NY 12565
MLS# 140043
Status: Closed
40 beds  |  27443 sqft


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Property Description
Here is a unique opportunity to purchase a portfolio of properties that will bring you return immediately.There are 9 buildings being offered in this package of properties with a total of 36 units, that are all located in the Village of Philmont, located in the center of Columbia County. Units consist of 1-4BD, 3-3BD, 16-2BD & 16-1BD apts.These buildings are all within a short walk of each other. There have been renovations and improvements made throughout the years that make this a very appealing investment.The full occupancy and high demand of apartment rentals in Columbia County make this a strong investment. Become a part of the up and coming Philmont revitalization.Income and expense information is available to qualified purchasers as well as a full list of properties included in the package.These properties are located 15 minutes to Hudson & Chatham and only 5 minutes from Hawthorne Valley School and farm store. 2 hours from NYC, directly off of the Taconic Parkway.

Details
Contract Information
Current Price: $2,525,000
Original List Price: 2850000
Sold Price: $2,525,000
Status: Closed
Listing Contract Date: 2021-11-06
Property Sub Type: Multi Family
Listing Agreement: Exclusive Right To Sell
Owner Name: Philmont Holdings LLC
Lease Considered YN: Yes
General Property Information
Number Of Units Total: 36
Bedrooms Total: 40
Living Area: 27443
Year Built: 1910
Lot Size Acres: 1.78
Flood Plain YN: No
Basement YN: Yes
Sign On Property YN: No
Disclaimer: Information not guaranteed.
List Price/SqFt: 103.85
Sold Price/SqFt: 92.01
Remarks and Miscellaneous
CGR Public Historical Remarks: Existing Lease Type: Net, Three Quarter Bathrooms: 0, Quarter Bathrooms: 0, Value Range Price: 0.00, # of Furnaces: 9, Ag District Discl: Yes, Ag District: No, FIPS Code: 21, Green Features: No, Lease Type: Net, Most Precise Vcty: Philmont, Utilities Included: some, Year Built Exception: 0
Public Remarks: Here is a unique opportunity to purchase a portfolio of properties that will bring you return immediately.There are 9 buildings being offered in this package of properties with a total of 36 units, that are all located in the Village of Philmont, located in the center of Columbia County. Units consist of 1-4BD, 3-3BD, 16-2BD & 16-1BD apts.These buildings are all within a short walk of each other. There have been renovations and improvements made throughout the years that make this a very appealing investment.The full occupancy and high demand of apartment rentals in Columbia County make this a strong investment. Become a part of the up and coming Philmont revitalization.Income and expense information is available to qualified purchasers as well as a full list of properties included in the package.These properties are located 15 minutes to Hudson & Chatham and only 5 minutes from Hawthorne Valley School and farm store. 2 hours from NYC, directly off of the Taconic Parkway.
Status Change Information
Major Change Timestamp: 2022-08-26T22:36:58Z
Major Change Type: Status Change
Status Change Timestamp: 2022-08-26
Purchase Contract Date: 2022-07-20
Close Date: 2022-08-26
Close Price: 2525000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Financials Available Y/N: Yes
Meter Information
Number Of Separate Electric Meters: 9
Number Of Separate Gas Meters: 9
Showing Information
Showing Instructions: Call listing agent
Location Tax and Legal
Street Number: 1 - 7
Street Name: Church
Street Suffix: Street
County: Columbia
State: NY
Zip Code: 12565
Town (Taxable): Philmont
Property Features
Appliances: Water Heater; Other
Basement: Concrete; Full; Partial
Construction Materials: Aluminum Siding; Frame; Vinyl Siding; Wood Siding
Electric: 200+ Amp Service; Other
Foundation Details: Concrete Perimeter
Heating: Other
Interior Features: High Speed Internet
Patio And Porch Features: Deck; Porch
Road Surface Type: Paved
Roof: Asphalt; Shingle
Sewer: Public Sewer
Tenant Pays: Electricity; Gas
Water Source: Public
Window Features: Double Hung Window(s)

Listing Courtesy of Coldwell Banker Advisor Realty
Listing Agent: Jason Walch

Information deemed reliable but not guaranteed.