1216 1st Street, Rensselaer, NY 12144
Local realty services provided by:HUNT Real Estate ERA
Listed by: jenn l baniak-hollands
Office: kw platform
MLS#:202627365
Source:Global MLS
Price summary
- Price:$279,900
- Price per sq. ft.:$103.32
About this home
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....
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Home facts
- Year built:1850
- Listing ID #:202627365
- Added:2 day(s) ago
- Updated:October 04, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,709 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Hot Water, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1850
- Building area:2,709 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Cleared
- Exterior Features:Front Porch
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$279,900
- Price per sq. ft.:$103.32
- Tax amount:$4,111
Features and amenities
- Laundry features:Upper Level
- Amenities:Built-in Features
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