Estimated payment $1,951/month
Highlights
- Deck
- Wood Flooring
- Bathroom on Main Level
- Traditional Architecture
- No HOA
- Level Lot
About This Home
Great investment opportunity in the City of Rensselaer! This well-located triplex at 1016 3rd St is fully rented, offering immediate income from day one. Featuring separate units, this property is ideal for both seasoned investors and those looking to grow their portfolio. Conveniently located near downtown Albany, the Rensselaer train station, major highways, shopping, and dining, it's highly appealing to tenants. A solid income-producing asset with upside potential. More photos are coming soon.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,958
Year Built
- Built in 1880
Lot Details
- 4,792 Sq Ft Lot
- Perimeter Fence
- Level Lot
- Cleared Lot
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
- Vinyl Siding
Interior Spaces
- 2,340 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 3 Full Bathrooms
Parking
- 6 Parking Spaces
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating Available
- 100 Amp Service
- Cable TV Available
Listing and Financial Details
- The owner pays for water
- Legal Lot and Block 17.000 / 5
- Assessor Parcel Number 381400 144.37-5-17
Community Details
Overview
- No Home Owners Association
- Association fees include sewer
Building Details
- Insurance Expense $2,184
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,902 | $29,900 | $3,400 | $26,500 |
| 2024 | $4,902 | $29,900 | $3,400 | $26,500 |
| 2023 | $2,883 | $29,900 | $3,400 | $26,500 |
| 2022 | $2,453 | $26,000 | $3,400 | $22,600 |
| 2021 | $667 | $26,000 | $3,400 | $22,600 |
| 2020 | $2,300 | $26,000 | $3,400 | $22,600 |
| 2019 | $2,233 | $26,000 | $3,400 | $22,600 |
| 2018 | $2,233 | $26,000 | $3,400 | $22,600 |
| 2017 | $2,065 | $26,000 | $3,400 | $22,600 |
| 2016 | $2,232 | $26,000 | $3,400 | $22,600 |
| 2015 | -- | $26,000 | $3,400 | $22,600 |
| 2014 | -- | $26,000 | $3,400 | $22,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $290,000 | +18.4% | $124 / Sq Ft | |
| 06/22/2022 06/22/22 | Sold | $245,000 | -2.0% | $105 / Sq Ft | View Prior Sale |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- | |
| 04/22/2022 04/22/22 | For Sale | $250,000 | -- | $107 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $183,750 | Purchase Money Mortgage |
Source: Global MLS
MLS Number: 202616688
APN: 1400-144.37-5-17
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Local REALTOR® - Todd Siegel, Broker - (888)-952-6393
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Ask me questions while you tour the home.