Rensselaer, NY 12144,1619 5th Street
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Rensselaer, NY 12144,1619 5th Street
Rensselaer, NY 12144,1619 5th Street
Rensselaer, NY 12144,1619 5th Street
Rensselaer, NY 12144,1619 5th Street
Listed by John M Bevilacqua • The Property Shop
Bought with John M Bevilacqua • The Property Shop

$242,000

Est. payment /mo

$249,000

2.8%
Est.Price: ?

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1619 5th Street Rensselaer, NY 12144

22 Beds

4 Baths

4,400 SqFt

SOLD DATE : 11/27/2023

Key Details

Sold Price $242,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $55

MLS Listing ID 202323660

Bedrooms 22

Full Baths 4

Year Built 1905

Annual Tax Amount $4,787

Lot Size 4,791 Sqft

Property Sub-Type Quadruplex

Property Description

Incredible value add opportunity with potential to earn a high double digit cap rate after renovations. Solid 4 unit with good bones, all apartments need cosmetic rehab, mechanicals in good shape, tenants pay separate utilities. All 4 units will be able to be gross $50k+ after rehab, and NOI of $40k+ is very realistic. Put $25k in your pocket after the mortgage! Don't miss this opportunity before its gone!

Location

State NY

County Rensselaer

Interior

Heating Baseboard, Natural Gas

Flooring Hardwood

Exterior

Exterior Feature None

Roof Type Rubber

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Rensselaer

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agent

David Zuccaro

Broker | License ID: 10491210184

+1(518) 629-5897

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