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1015 Washington Avenue, Rensselaer
$265,000
4 Beds ⋅ 2 Baths ⋅ 202627281 MLS
Extensively renovated and restored since its purchase in 2019, this unique Rensselaer duplex offers two well-maintained apartments while retaining original character, including beautifully refinished hardwood floors. The first floor is currently configured as a 2BR/1BA with a dedicated laundry room, while the second floor is configured as a 1BR/1BA with its own dedicated laundry in the basement. Both units include private, lockable basement storage. Additional features include a large covered front porch, large backyard, and ample off-street parking. Set back from Washington Avenue along a private drive near Hampton Manor, the property offers a distinctive residential setting with a neighborhood feel. Public records reflect 4BR/2BA. The current 3-bedroom apartment configuration reflects ownership's chosen use of the property rather than the full configuration reflected in public records. The basement contains two pre-existing rooms currently utilized as dedicated tenant storage, as well as additional unfinished space with a previously functional water supply line. The basement also has supplemental heat with multiple thermostats/zones and a dedicated house meter. These existing features may provide flexibility for a future owner to evaluate alternative configurations and uses. Current rents have been intentionally maintained below market in recognition of exceptional long-term tenants. Priced accordingly, this is a strong opportunity for an investor seeking an improved property with existing tenancy and significant room for income growth. Seller is a licensed New York State real estate broker.

1015 Washington Avenue, Rensselaer

24 Dubuque Street, Rensselaer
$288,900
4 Beds ⋅ 2 Baths ⋅ 202625507 MLS
Turn-key Rensselaer duplex offering an excellent opportunity for investors or owner occupants, with INCREDIBLE views of the Albany skyline! Situated on a corner lot with a wider road providing convenient street parking, this well-maintained property features 2 updated units with separate utilities. First floor unit is currently occupied with a new 12-month lease in place at $1500/month, while the fully renovated second-floor unit is vacant and ready for immediate occupancy or rental. Both units have been thoughtfully renovated with modern finishes, updated plumbing and electrical, and durable improvements throughout. The property has also been well maintained with newer mechanicals, strong insulation, and soundproofing between floors for added comfort and efficiency. The main roof is less than 10 years old, the chimney was rebuilt and repointed, and both porches have been upgraded with low-maintenance, weather-resistant materials. With separate utilities, a leased first-floor unit, and a completely renovated second-floor unit ready to generate additional income, this property offers flexibility for investors, owner-occupants, or those looking to expand their rental portfolio. Potential rental income of $3,000+/month! Enjoy the unbeatable Albany skyline views while being conveniently located in Rensselaer with easy access to Albany and surrounding areas. Seller is motivated--bring your offers! *Second floor bathroom vanity mirror will be replaced soon. A refrigerator will also be provided, or the seller will offer a $500 credit toward the purchase of a new refrigerator for that unit.

24 Dubuque Street, Rensselaer

31 Riverside Avenue, Rensselaer
$460,000
5 Beds ⋅ 6 Baths ⋅ 202614597 MLS
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)

31 Riverside Avenue, Rensselaer

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

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