342 Congress Street
342 Congress Street
$590,000
—
8,496
8,496
$69
Description
Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual...Portfolio: 338, 340 & 342 Congress St. multi-use property consisting of two buildings and a parking lot with (4) 2-bedroom apartments, and (2) retail spaces: a new bakery and a large owner-occupied business. There are nine paved and striped parking spaces and a grassy lawn area in the back fenced lot. All apartments are leased on a month-to-month basis. The bakery has a 5-year lease. Current annual income, which is well below market value is $54,300. With renovations, approximately $123,600 annual rent could be achieved for a 13% cap. Family-owned floor covering business est. in 1974 is also for sale. Contact agent for details.
- Listed by Deanna Dal Pos • NAI Platform LLC
Property Details for 342 Congress Street
Zoning
Commercial
WaterfrontNo
Parking Total9.00
Location
LISTING UPDATED: 03/27/2024 12:27 PM
Property Details for 342 Congress Street
Status | Active |
---|---|
MLS # | 202314160 |
Days on Market | 422 |
Taxes | $10,578 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1890 |
Lot Size | 0.22 AC / 9,583 SF |
County | Rensselaer County |
Location
Building Information for 342 Congress Street
Stories3Residences-Year Built1890Lot Size0.22 AC / 9,583 SF
Payment Calculator
$4,101 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 342 Congress Street
Property History for 342 Congress Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 342 Congress Street
Taxable ValueLand$7,500Additions$122,500Total$130,000
Home Facts
Baths3.5Total Finished SqFt5,348 SqFtAbove Grade Finished SqFt5,348 SqFtStories3Lot Size3,049 SqFtStyleOffice BuildingYear Built1890Year Renovated1980ZoningB2CountyRENSSELAERAPN381700 101.71-7-12
Schools near 342 Congress Street
This home is within Troy City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
P.S. 14 PublicPK to 5 | ||
Troy Middle School Public6 to 8 | ||
Troy High School Public9 to 12 | ||
Susan Odell Taylor School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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