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!
Features
12 bedrooms
4 bathrooms
4420 sq. ft. floor area
crop_free4791.6 sq. ft. lot size
cottageDuplex
Property history for 1619 5th St
2023
Sold
$242,000
27 Nov 2023 by John Bevilacqua, of The Property Shop
2018
Sold
$255,000
12 Jan 2018 by Courtney Kanopka, of Robin M Glasser
2008
Sold
$169,900
31 Mar 2008 by David Heer, of David W. Heer Realty
Happy sellers in Rensselaer
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Local market activity for 12 bedroom duplexes in Rensselaer
Sold
For Sale
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