1619 5th St Rensselaer, NY 12144
Property details
About 1619 5th St
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!
Highlights
Summary
- MLS Number: 202511757
- MLS Name: Global MLS
- Office Name: Carr Real Estate Group, LLC
- Office Phone: (518) 488-2434
- Office Email: richc1976@gmail.com
- Listing Agent: Richard Carr
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/12/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$529,500
1619 5th St
$6,288
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 08, 2023 | Home Sold | $249,000 |
| Jan 17, 2018 | Home Sold | $255,000 |
| Apr 15, 2008 | Home Sold | $169,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $56,200 | $- |
| 2022 | $56,200 | $- |
| 2021 | $56,200 | $4,787 |
| 2020 | $56,200 | $4,787 |
| 2019 | $56,200 | $4,970 |
| 2018 | $56,200 | $4,827 |
| 2017 | $35,800 | $2,370 |
History based on county public records data.
Nearby schools
3
Van Rensselaer Elementary School
Public District PK-6
0.5 mi
•25 Van Rensselaer Dr
3
Arbor Hill Elementary School
Public District PK-5
1.1 mi
•1 Arbor Dr
1
Giffen Memorial Elementary School
Public District PK-5
1.7 mi
•274 S Pearl St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,676. The majority of Rensselaer, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Horse Races
Soccer
Where do the neighbors shop?
Family Dollar
Stein Mart
Forever 21
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Dominos Pizza
What do the neighbors drive?
Chevrolet
Buick
Mazda
What do the neighbors listen to?
Rock
Contemporary Inspirational
Rhythmic Contemporary Hits
This home is located at 1619 5th St in Rensselaer, NY and zip code 12144. This 4,420 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $529,500.
In February 2025 more than 3 listings in Rensselaer, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Rensselaer, NY decreased by 8.2% between January and February 2025. In February 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $260,000.