Active

1619 5th Street

Rensselaer NY, 12144

$529,500


$119.80 per sqft

Active

12 Beds

4 Baths

4,420 sqft

Multi-family

Built in 1948

Investors take note! This fully occupied 4-unit multi-family property in Rensselaer presents a compelling investment opportunity in a prime location. Just minutes from downtown Albany, this property offers a strategic position within the Capital Region, attracting a strong tenant base. The recent renovations across all four units enhance the property's appeal and ensure minimal maintenance costs for years to come. These updates include beautifully updated kitchens with contemporary cabinetry, updated countertops, and modern appliances. New LVP Flooring, The bathrooms have also been tastefully updated, featuring new tile surrounds. In addition, newer water heaters. The current gross monthly rent roll $6,780, Easy access to I-90 and I-787 further enhances the property's attractiveness!

202511757

MLS ID

February 7, 2025

Listed

February 19, 2025

Updated

Interior Features

Bedrooms

12


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Paddle Fan, Walk-In Closet(s), Ceramic Tile Bath


Laundry Description

Gas Dryer Hookup, Washer Hookup


Floor Description

Vinyl, Ceramic Tile, Laminate


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Hot Water, Zoned, Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

None


Lot Features

Landscaped, Cleared


Architectural Style

Traditional


Roof

Rubber, Asphalt


Sewer

Public Sewer


Patio And Porch

Rear Porch, Covered, Front Porch


Window

Double Pane Windows, ENERGY STAR Qualified Windows

School Information

School District

Rensselaer

Other Property Details

Taxes

$8,838


Tax Frequency

Annually


Garage

No


View

Yes


View Description

City


County

Rensselaer


Water Source

Public


Pool

No


Zoning

Multi Residence

Listed by Richard Carr with Carr Real Estate Group, LLC
Listing Contact: 518-488-2434 

The IDX display contains information sourced from Global MLS as of 2/19/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/19/2025 at 11:34 PM UTC

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