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Listed by Dina Coluccio • Monticello

$ 350,000

Est. payment -/mo

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Pending

31 Riverside Avenue Rensselaer, NY 12144

5 Beds

6 Baths

2,640 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $132

MLS Listing ID 202614597

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 1976

Annual Tax Amount $12,153

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Triplex

Source Global MLS

Property Description

Multiple Bids. Best and Final 4/19 @ 6pm. This rare Hudson Riverfront 3 family home, owned by the same family since construction, is being offered for sale for the first time! The property features distinctive handcrafted elements throughout, including striking leaded & hammered stained glass, custom woodwork, copper-clad & bronze metals, rare period lighting & artisan detailing that reflect a level of craftsmanship rarely seen in modern construction. According to the seller, some of these features have been salvaged from historic structures. Recent research may point to the early 1900's high quality, Tudor/Arts and Crafts revival style buildings, likely from the Albany area. Additional ammenties like off-street parking, washer & dryers & included central AC and heat, keep the property fully occupied & enjoyed by well paying, long-term tenants. Generating $48,000 gross yearly rents but has even more upside profit potential, makes this desirable for any investor.
All units have incredible views of the river & downtown Albany. Close to all major highways & is a quick 5 minute drive to Regeneron Pharmaceuticals, creating even higher rental demand than the area already has.
Unit 1 is on the raised 2nd level & has two LARGE bedrooms & 2.5 bathrooms, each bdrm w/their own private bathroom AND a nee extra half bathroom for guests! The primary bedroom & living area each have sliding glass doors leading to a huge 4 season bonus room w/a custom wood bar & sliding glass doors that lead to a private L-shaped raised deck. W/D & dishwasher ($1600 exp 8/30/26, leaving owner occupancy possibilities if desired). See notes.
Unit 2 is an adorable two bedroom & TWO new private bathrooms, off each bdrm, plus a walkout 3 season room leading to the yard. New GE all-in-one w/d. ($1420 exp 2/27).
Unit 3 has 1 large bedroom & 1 bathroom w/their own walkout 4 season room & a patio under the deck. ($1050 exp 11/26)

Location

State NY

County Rensselaer

Direction From 787 to Rensselaer/ East Greenbush exit. Take right onto Riverside Avenue from 9 and 20. From 87 take exit 23 From 90 East take exit 8

Body of Water Hudson River

Interior

Interior Features Solid Surface Counters, Built-in Features, Dry Bar

Heating Forced Air, Zoned, Natural Gas

Flooring Vinyl, Tile, Carpet, Hardwood

Exterior

Exterior Feature None

Parking Features Paved, Driveway

Waterfront Description River Front

Roof Type Shingle

Porch Porch, Deck

Building

Lot Description Level, Views

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Rensselaer

Others

Tax ID 381400 143.82-1-6

Special Listing Condition Standard

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NEARBY SCHOOLS & PROPERTIES

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NYS Licensed Real Estate Brokerage | License ID: 109931319

+1(518) 882-6236

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