Overview
Description
Excellent investment opportunity in Rensselaer! This 3-unit property offers strong cash flow with all units occupied on annual leases. Featuring a total of 9 bedrooms and 3 full bathrooms, the property includes a basement apartment rented for $1,000/month and two upper units each generating $1,400/month, for a total gross monthly rental income of $3,800. Tenants pay their own separate utilities, helping keep operating expenses low and maximizing your return.
Address: 1453 1st Street, Rensselaer, NY 12144
City: Rensselaer
State/County: Rensselaer
Zip: 12144
Country: United States
Property Id: 716223
Price: $ 315,000
Property Size: 2,175 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 3
Listing Agent Email: tadjones@kw.com
Listing Agent: Thaddeus Jones
Listing Agent Phone: 518-681-1836
Listing Office: KW Platform
Other Features
Has Heating System
None
$ 1,615.07
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,221.32
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