Sold
Last Sold Price
4 beds1,772 sqft
47 Pine St, Rensselaer, NY 12144
Multi FamilyProperty Type
0.06 acresLot Size
1890Year Built
$96/sq ftPrice per sq ft

Description

Turn the key and make some money on this awesome 2 family property in one of Rensselaer's best neighborhoods! This cash flowing asset shows well over a 10% Cap Rate with a tremendous amount of upside in the rents. The 1st floor is a 2Bd 1Ba unit at $800 and 2nd Fl is a 3bd 1Ba at $975, both units are in great shape and are renovated with newer appliances and finished. Large backyard and access to the adjoining garages (not included) gives tenants a nice outdoor space and off street parking. Flat...Turn the key and make some money on this awesome 2 family property in one of Rensselaer's best neighborhoods! This cash flowing asset shows well over a 10% Cap Rate with a tremendous amount of upside in the rents. The 1st floor is a 2Bd 1Ba unit at $800 and 2nd Fl is a 3bd 1Ba at $975, both units are in great shape and are renovated with newer appliances and finished. Large backyard and access to the adjoining garages (not included) gives tenants a nice outdoor space and off street parking. Flat rubberized roof has been maintained and is in great shape and mechanicals have also been maintained and are in good working order. Not much to do but sit back and make some money or live in one unit and the let second pay your mortgage, this one will go fast so call now for a private showing.
  • Listed by: John M Bevilacqua 518.240.9938 john.bevilacqua@live.com • The Property Shop
Listing closed: 11/22/2024 12:00 AM • Source: GLOBAL MLS, MLS#: 202424027

Location

Listing Courtesy of The Property Shop

Sold By The Property Shop

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Payment Calculator

$1,214 per month

30 year fixed, 6.71% Interest

Principal and Interest

$878

Property Taxes

$335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 47 Pine Street

Property Details
  • Taxes: $4,021 / year
  • MLS Type: Multi Family / Duplex
  • Architectural Style: Other
  • Waterfront: No
Building Information
  • Year Built: 1890
  • Lot Size: 0.06 AC / 2,613 SF
Summary
Location and General Information
  • Postal City: Rensselaer
  • Directions: Broadway to Pine Street
  • City: Rensselaer
  • State Or Province: NY
  • Postal Code: 12144
  • County Or Parish: Rensselaer
  • Latitude: 42.65
  • Longitude: -73.73
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 12.000
  • Tax Block: 7
  • Parcel Number: 381400 144.29-7-12
  • Tax Tract: 144.29
  • Tax Annual Amount: $4,020.99
Parking
  • GarageSpaces: .00
School Information
  • School District: Rensselaer
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Level
  • Year Built: 1890
  • Above Grade Finished Area: 1772.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Agent
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2613.6
Building Information
  • Living Area: 1772.0
  • Duplex Type : Up And Down: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Interior Features: Other
  • Heating: Forced Air, Natural Gas
  • Basement: Full
  • Construction Materials: Aluminum Siding
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Multi Family
Income & Expenses Information
  • Insurance Expense: $1,875.00
  • Water Sewer Expense: $1,100.00
  • Income And Expenses : Insurance Expense: $1,875.00
  • Income And Expenses : Water Sewer Expense: $1,100.00
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 2
  • Unit Detail : Bedrooms on 1st Floor: 2
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Kitchens 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Includes : Living Room: Yes
Unit 2
  • Unit Includes : Bathroom: Yes
  • Unit Includes : Kitchen: Yes
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 2nd Floor: 3
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1

Property History for 47 Pine Street

DateEvent & SourcePriceAppreciation
Nov 22, 2024

Sold (Public Record)

Public Record #1547922400

$170,000

+1.8% / yr

Nov 22, 2024

Sold

GLOBAL MLS #202424027

$170,000—
Sep 4, 2024

Pending

GLOBAL MLS #202424027

—
DateEvent & SourcePrice
11/22/2024

Sold (Public Record)

Public Record #1547922400

$170,000

+1.8% / yr

11/22/2024

Sold

GLOBAL MLS #202424027

$170,000
09/04/2024

Pending

GLOBAL MLS #202424027

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 47 Pine Street

Taxable ValueLand$2,600Additions$22,000Total$24,600
Tax Record2024$2,339 ($195 / month)
Home Facts
Baths2Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtStories2Lot Size2,614 SqFtStyleDuplexYear Built1890ZoningR2CountyRENSSELAERAPN381400 144.29-7-12

Schools near 47 Pine Street

This home is within Rensselaer City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Private - PK to 12
Rating
School
Distance
Van Rensselaer Elementary School
PublicPK to 5

Rensselaer Junior Senior High School
Public6 to 12

The Doane Stuart School
PrivatePK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of The Property Shop

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