1216 1st Street, Rensselaer, NY 12144, Rensselaer

$ 259,900

Overview

  • Updated On:
  • October 30, 2026
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2,709 ft2
  • Property Size

Description

Whether you’re looking to grow your investment portfolio or make a smart move into homeownership, this spacious Rensselaer triplex offers flexibility and income potential with projected annual gross rents of $27,600. Investors can take advantage of 3 generously sized apartments each with their own storage room and individually metered utilities. And owner-occupants have an especially appealing option with a 2nd-floor apartment that is available for immediate occupancy so you can just move in and let the cash flowing rental income offset your mortgage and monthly expenses while you build equity in a property of your own. Location adds even more appeal: downtown Albany is just a quick 10-minute commute, shopping and dining in North Greenbush are approximately 8 minutes away, and the Rensselaer Amtrak station–with service to NYC and beyond–is only about 5 minutes from your door. Don’t miss this affordable opportunity to live, invest, or do both! 24 hour notice for showings and schedule is limited. Ask for available times.

Address: 1216 1st Street, Rensselaer, NY 12144
State/County:
Zip: 12144
Country: United States

Property Id: 867226
Price: $ 259,900
Property Size: 2,709 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 3
Listing Agent Email: jenn@hollandshomesteam.com
Listing Agent: Jenn L Baniak-Hollands
Listing Agent Phone: 518-512-7784
Listing Office: KW Platform

Other Features
Built-in Features
Has Heating System
None

$ 1,332.56
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,007.68

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