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Property Description

Extensively renovated and restored since its purchase in 2019, this unique Rensselaer duplex offers two well-maintained apartments while retaining original character, including beautifully refinished hardwood floors. The first floor is currently configured as a 2BR/1BA with a dedicated laundry room, while the second floor is configured as a 1BR/1BA with its own dedicated laundry in the basement. Both units include private, lockable basement storage. Additional features include a large covered front porch, large backyard, and ample off-street parking. Set back from Washington Avenue along a private drive near Hampton Manor, the property offers a distinctive residential setting with a neighborhood feel. Public records reflect 4BR/2BA. The current 3-bedroom apartment configuration reflects ownership's chosen use of the property rather than the full configuration reflected in public records. The basement contains two pre-existing rooms currently utilized as dedicated tenant storage, as well as additional unfinished space with a previously functional water supply line. The basement also has supplemental heat with multiple thermostats/zones and a dedicated house meter. These existing features may provide flexibility for a future owner to evaluate alternative configurations and uses.Current rents have been intentionally maintained below market in recognition of exceptional long-term tenants. Priced accordingly, this is a strong opportunity for an investor seeking an improved property with existing tenancy and significant room for income growth.Seller is a licensed New York State real estate broker.

1015 Washington Avenue | MLS# 202627281

This multi-family property located at 1015 Washington Avenue, Rensselaer, NY 12144 is currently listed for sale with an asking price of $265,000. Washington Avenue is located within the Rensselaer school district. Search Rensselaer real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Heated, Interior Entry, Other
Cooling: Window Unit(s)
Heating: Other, Natural Gas
Home Style: Traditional
Lot Size: 0.17 Acres
Taxes: $5,737
Year Built: 1920

Feature Descriptions

Days on Site: 2
Exterior: Aluminum Siding
Exterior: None
Fencing: Other
Flooring: Other, Vinyl, Wood
Laundry: In Basement, Laundry Room, Main Level
Parcel #: 381400 133.81-2-14
Parking: Off Street
Parking Total: 3
Parking Total: 3
Patio/Porch: Covered, Front Porch
Sewer: Public Sewer
SQFT Above Grade Finished: 1530
Water: Public

Local Schools

School District: Rensselaer

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Estimated Payment

$ 1,145.15 per month $589.78 Principal & Interest $478.08 Property Tax $77.29 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Verity Realty LLC
Agency Phone: 1 518-763-4108

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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