1216 1st Street, Rensselaer, NY 12144

$279,900
6
BD
3
BA
2,709
SqFt

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List Price
$279,900
MLS#
202627365
Style
Other
Bedrooms
6
Bathrooms
3
Subdivision
Select One

Property 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.

Additional Information

Taxes
$4,111
Acres
0.06
Lot Description
Cleared
School District
Rensselaer
Interior Features
Built-in Features
Heating
Electric, Baseboard, Hot Water
Cooling
None
Exterior Features
None
Construction
Other
Roof
Rubber
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of listing agent Jenn L Baniak-Hollands with KW Platform Brokerage, 518-512-7784.

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