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1619 5th Street

Rensselaer, NY 12144

Active

$529,500

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

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!

$529,500
12.0
Bedrooms
4
Bathrooms
4,420
Sq. Ft.
$ 120
$/Sq. Ft.
0.11
Acres
Year Built:
1948
County:
Rensselaer
School District:
Rensselaer
Acres:
0.11
Listing Agent:
Richard Carr
Listing Office:
Carr Real Estate Group, LLC
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Features

Square Feet: 4,420
Town: Rensselaer
Bedrooms: 12
Full Bathrooms: 4
Estimated Taxes: $8,838
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Hot Water, Zoned, Natural Gas
Garage: 0
Property Style: Traditional
Exterior: Vinyl Siding
Exterior Features: None
Parking Spaces: 0
Zoning: Multi Residence

Location