$268,000
SOLD JUL 13, 2026
4 Beds
3 Baths
2,340 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: July 13, 2026

$115 Per Sq Ft

8% Below List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bathroom on Main Level
  • Traditional Architecture
  • No HOA
  • Outdoor Storage

About This Home

As of July 2026

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.

Last Agent to Sell the Property

Sarah Weloth

Miranda Real Estate Group Inc License #10401340652 Listed on: 05/07/2026

Last Buyer's Agent

Richard Becker

Verity Realty LLC License #10401388355

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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
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating Available
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,958

Year Built

Built in 1880

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1880
  • Directions: From Washington Ave, take a left onto 3rd St, 0.7 miles,1016 3rd St is on the left.
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 737.06
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2300.06
  • School Taxes Description: Actual
  • Financial Details Village Taxes: 1920.91
  • Village Taxes Description: Actual
  • Lot Size Acres: 0.11
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Tenant
  • Gas Expense Description: Tenant
  • Insurance Expense Description: Actual
  • Income And Expenses Miscellaneous Expense: 1200.0
  • Rental Income: 34200.0
  • Rental Income Description: Yearly
  • Income: 34200.0
  • Number of Refrigerators: 3
  • Unit Information Number Of Stoves: 3
  • Subdivision Name: Select One
  • Levels: Three Or More
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Wood, Hardwood
  • Basement: Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2340.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Owner Pays: Water

Exterior Features

  • Exterior Features: Other
  • Roof: Rubber
  • Construction Type: Brick, Vinyl Siding
  • Fencing: Perimeter
  • Foundation Details: Block
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: Yes
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Cable Available, Cable Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 100 Amp Service, Circuit Breakers
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Sewer
  • Annual Water Sewer Expense: 400.0

Schools

  • Junior High Dist: Rensselaer

Lot Info

  • Lot Features: Cleared, Level
  • Parcel #: 381400 144.37-5-17
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Tenant Pays: Hot Water, Internet, Cable TV, Electricity

Multi Family

  • Insurance Expense: 2183.94

Tax Info

  • Tax Annual Amount: 4958.03
  • Tax Block: 5
  • Tax Lot: 17.000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 22, 2022
Sold by
Bought by
Seller's Agent
Christina Hennessy
KW Platform
Buyer's Agent
Maurice Bostick
Bostick Realty LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$183,750
Outstanding Balance
$172,520
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,280

Purchase Details

Closed on
May 5, 1997
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $245,000 None Available
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $183,750 Purchase Money Mortgage
Previous Owner $91,000 Stand Alone Refi Refinance Of Original Loan
Closed $91,000 Unknown
Previous Owner $77,000 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2026 07/13/26 Sold $268,000 -7.6% $115 / Sq Ft
05/12/2026 05/12/26 Pending -- -- --
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
Source: Global MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

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Map

Source: Global MLS

MLS Number: 202616688

Global MLS

APN: 1400-144.37-5-17

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