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$25,000
202621238 MLS
Own a successful, established beauty salon in a prime East Greenbush location at 203 Columbia Turnpike. Situated along one of the Capital Region's busiest commercial corridors with approximately 21,274 AADT (Annual Average Daily Traffic), this turnkey salon offers exceptional visibility, easy customer access, and outstanding business potential. This is a rare opportunity to purchase an established salon business with a loyal client base and an included book of business, allowing a new owner to step into an operating business with an existing customer foundation. The business is offered for **$25,000** and includes a **5-year lease at just $2,000 per month, with heat, electricity, water, and hot water included**, providing predictable occupancy costs and excellent value. The opportunity includes the first-floor salon space, featuring two professional styling stations, one shampoo/washing station, a welcoming reception area, and a private treatment room. The efficient layout is ideal for hairstylists, barbers, estheticians, lash artists, nail technicians, massage therapists, or other beauty professionals seeking a turnkey business with room for continued growth. The first-floor location offers excellent street visibility, ample customer parking, and outstanding exposure along busy Columbia Turnpike. With utilities included, operating expenses remain low, allowing you to focus on growing your business and serving an established clientele. Whether you're an experienced salon owner looking to expand or an entrepreneur ready to own your first beauty business, this is a unique opportunity to acquire a thriving, turnkey salon in one of East Greenbush's highest-traffic commercial locations.

203 Columbia Turnpike

$289,000
202620946 MLS
Here's your next cash-flowing asset in one of the Capital Region's most strategically positioned cities. This 4-unit multifamily in Rensselaer delivers exactly what savvy investors are hunting - a proven renal market, unbeatable proximity to Albany's CBD, state government, and major employment corridors. Low operating costs, a favorable tax structure, and real value-add upside make this a deal that pencils on day one and gets better with execution. The rental demand here doesn't slow down - commuters, state workers, and young professionals keep these units filled. Additional income potential on site with existing garage structures. Two parcels priced to create immediate equity. This is the kind of entry point that separates serious portfolio builders from the sidelines. Move fast - opportunities like this don't wait.

8 John Street

$285,000
3 Beds 3 Baths 202616634 MLS
Multiple offers received. Best and final offers due by Tuesday, May 12th at 8:00 PM. This well-maintained two-family home offers a spacious layout with excellent income potential. The main apartment functions like a standalone residence, featuring a large, open main floor with a living room, full bath, kitchen, and sunroom. The space is filled with abundant natural light and vaulted ceilings. Upstairs, there are two large bedrooms, while the partially finished basement provides ample room for additional living, recreation, and storage, along with a convenient half bath. On the property, a beautiful loft-style apartment presents an ideal opportunity for rental income, helping to offset expenses. Located in a convenient Rensselaer location, this property offers a fantastic opportunity for buyers seeking a spacious home with an attached income-generating unit, perfect for owner-occupants or investors alike.

57 Washington Avenue

$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

$1,210,000
7 Baths 202613952 MLS
Huge investment portfolio for sale w/ Hudson River views! 4 addresses, 7 Forbes (duplex) 9-11 Forbes (4 unit) 3 Central (single family) 1 Washington (vacant city block) Rensselaer NY 12144. Total of 7 units fully occupied 100k+ annual rent w/ potential to develop or sell land. All units are 1 bed 1 bath w/ separate utilities, washer dryer hookups, private fenced parklike backyard & 5 off street parking spaces. On the charming north side of Rensselaer convenient to the river rail & road systems (500 ft to public boat launch, 1.3 miles to Albany-Rensselaer Amtrak, .8 of a mile to I-90). Advantageous location nearby massive developments & Livingston Ave bridge replacement (w/ pedestrian / bike path). Owner will consider seller financing.

7-11 Forbes Avenue

$330,000
4 Beds 2 Baths 202613512 MLS
Best & Final due Wednesday the 25th at noon. Located in the highly desirable East Greenbush School District, this move-in ready 4-bedroom, 2-bath home offers over 2,100 sq ft of comfortable living space with numerous recent updates. The home features new kitchen appliances, a newly updated bathroom, and an energy-efficient tankless combination boiler providing both heat and hot water. Inside, you'll find bright and inviting living spaces filled with natural light along with a flexible layout perfect for everyday living. The second floor offers a large primary suite area with unique architectural windows and plenty of space to create your own private retreat. A partially finished basement provides additional room for recreation, storage, or a home office. Step outside to enjoy an excellent backyard setup designed for relaxing and entertaining, featuring a large Trex deck with attached above-ground pool, a covered gazebo area, and an outdoor fireplace. The spacious yard offers plenty of room to enjoy the outdoors and includes a generously sized shed with additional storage behind it. A screened-in front porch adds even more charm and usable outdoor space. Conveniently located just minutes to shopping, restaurants, major highways, and a quick commute to downtown Albany. Schedule your private showing today--this one won't last!

3 Newbury Street

$310,000
5 Beds 2 Baths 202613200 MLS
BEST AND FINAL DUE 3/18 @2pm. Turnkey two-family investment property in Rensselaer just minutes from Downtown Albany and I-787. Ideal for investors or owner-occupants seeking rental income. The first-floor unit offers 2 bedrooms, 1 full bath, living room, dining room, and laundry room. The second-floor unit is fully remodeled featuring a brand new kitchen and bathroom with 3 bedrooms, 1 full bath. Both units feature separate utilities, enclosed rear porches, and off-street parking. Major updates include a new roof, newer heating systems, updated plumbing, and a hot water tank was put in 2025. The property also includes a large driveway and detached four-car garage (sold as-is) with potential for storage or workshop space. Convenient location near Downtown Albany, Regeneron and East Greenbush Technology Park, making it attractive for commuters and tenants.

114 3rd Avenue

$770,000
4 Beds 5 Baths 202613156 MLS
Set on a private 1.13-acre lot in East Greenbush, this spacious custom home offers over 5,200 finished square feet of thoughtfully designed living space with unique amenities rarely found in the area. A standout feature of the home is the indoor in-ground pool with swim current, allowing year-round recreation and entertaining regardless of weather. Inside, the home features hardwood floors, tray ceilings, detailed crown moldings, and elegant formal spaces. The living room and executive office share a striking two-sided gas fireplace, creating a warm and inviting atmosphere while providing the perfect work-from-home setting. The kitchen flows into the family room and a bright four-season room, offering a comfortable gathering space with views of the surrounding property throughout the year. A second-floor guest suite with a private full bath offers flexible space for guests, extended stays, or a variety of living arrangements. The finished walk-out basement with separate entrance expands the home's functionality with ideal space for recreation, extended living, or in-law potential. Outdoor living is just as impressive with a massive covered front porch perfect for relaxing or entertaining, along with a Brazilian redwood deck featuring a custom black walnut bar. Additional highlights include energy saving solar panels, central air, natural gas heat, mudroom, pantry, attached two-car garage with additional storage, and ample parking. Conveniently located just minutes to Albany, major highways, shopping, dining, parks, and the YMCA, and within the East Greenbush School District, this home offers the rare combination of privacy, space, and convenience.

36 Oriel Lane

$435,000
4 Beds 2 Baths 202611787 MLS
Welcome to this spacious raised Ranch located in East Greenbush, featuring 4 bedrooms, 2 bathrooms, and a large family room. Highlights include a new roof, new windows, refinished hardwood floors, and new tile throughout. The kitchen offers natural stone tile flooring, granite countertops, and brand-new stainless steel appliances. Enjoy a spacious laundry room, brand-new furnace, newer tankless water heater, central air, and an upgraded 200-amp electrical panel with new service. Situated on half an acre, the property features a fenced backyard, spacious walk-out deck, seamless gutters, and a new driveway with ample parking. Located in the award winning East Greenbush Central School District and conveniently close to shopping centers, Regeneron, and other employment opportunities. Move-in ready and fully upgraded.

269 3rd Avenue

$197,500
4 Beds 2 Baths 202530583 MLS
This is one of the majestic homes from the 1850's, perched on a hill in the former ''East Albany'' area, formerly owned by the prestigious Dr. J. Van Rensselaer. The original h/w on the doors, trim, staircase, & floors are beautiful. The versatile design boasts ornate trim, high ceilings & pocket doors. The home was converted to a 2 family but has since been restored to a single-family, as shown by the 2 furnaces, 2 water tanks, and 2 panel boxes, though only one meter is hooked up. 1st floor features include Huge eat-in kit, extra lg full Bath w/ whirlpool tub, 1 BR, spacious Din. Rm. w/ Bay Window, Lg. L.R., 1st fl. Laundry, 3 enclosed porches & 2 stairwells. 2nd floor features 3 BR's, full Bath, sprawling ''Center Room, with a Bay Window,'' which has been used as a studio & art exhibit area, and plenty of storage space. It also as a 1 car detached garage w/3 off street parking spots. With some updates, this could be even more grand. Home is sold ''AS IS.''

44 Pine Street

$249,900
4 Beds 2 Baths 202526292 MLS
Why rent when you can own this updated and well-cared-for two-family home? With plenty of recent improvements, it's an ideal option for owner-occupancy or investment. The property features a freshly sealed driveway with parking for six cars, an oversized garage with electric, workspace, and a brand-new roof, plus a private backyard enclosed with a new 6-foot fence. Inside, each unit offers in-unit laundry (washer and dryer included), spacious kitchens with dishwashers, full bathrooms, and thoughtful layouts. Recent upgrades also include new electrical panels and new front and back entry stairs. Conveniently located near the Doane Stuart School with easy access to I-87, this home blends comfort, practicality, and strong rental potential.

1572 3rd Street

$220,000
3 Beds 3 Baths 202525676 MLS
Step into History with Modern Possibilities! Welcome to one of the oldest homes in the City of Rensselaer, a triplex full of character and opportunity. Each unit offers a generously sized 1-bedroom layout with separate utilities. The walk-up attic, already roughed in with electrical & plumbing for a 4th unit, offers exciting expansion potential. Enjoy off-street parking, coin-operated laundry in the basement, and breathtaking views of downtown Albany from your porch. Lovingly cared for by the same owner since the 70's, this home combines historic charm with modern convenience. Just minutes from the highway, shopping, and dining, this location makes commuting and daily living easy. A fantastic chance to live in one unit while renting the others!

1554 1st Street

$270,000
6 Beds 2 Baths 202524416 MLS
Amazing charm & original woodwork throughout this classic Two family home, including rare detached 3 car garage! New roof on main home. Inviting front porch with trex decking & double door entry. First floor unit has a Large living room parlor with multiple sun filled windows, wood floors, pocket doors lead into the library w/ custom built in shelving. Nice size Kitchen. Each unit also has Updated full bathroom & separate laundry room w/ plumbing hook ups. Second floor unit has a similar layout, large rooms & additional front balcony. Large fenced level backyard, as well as Large privacy fenced side yard city lot. Just a few steps from the backyard/ garage -walk to the new public playground& ball park. Additional car access off Plum Street. Some updating & plaster patchwork needed. Otherwise a rare & fantastic investment! Both apartments vacant

107 3rd Avenue, Rensselaer

$225,000
4 Beds 2 Baths 202524335 MLS
Discover this two-family home in the heart of Rensselaer, ideally situated near major highways and neighborhood amenities. Each unit has a private entrance, modern finishes, and separate utilities. The first-floor unit features 2 bedrooms, 1 full bathroom, living room, and modern eat-in kitchen. The second-floor unit offers 2 bedrooms, including a spacious primary suite with an office alcove, 1 full bathroom, plus a bonus room perfect for closet space or an additional office. A modern eat-in kitchen with a large pantry completes this level. Additional highlights include a 1-car garage with off-street parking for a second vehicle. Updated roof (2020), water heater (2nd floor in 2024), and furnace (2023). Currently generating rental income, making it an excellent investment opportunity.

35 Partition Street

$450,000
9 Beds 4 Baths 202522456 MLS
Prime Investment Opportunity with Exceptional Cash Flow Potential! Discover this expansive **4-family home**, a rare find offering an incredible amount of **square footage** designed for comfortable living and maximized rental income. Investors and owner-occupants, take note: with **one vacant apartment** ready for immediate occupancy or new tenants, and **three units currently tenant-occupied**, you can start generating income right away! Each of the 4 spacious apts boasts its own **in-unit laundry**, a highly sought-after amenity that adds significant value and tenant appeal. Parking is a breeze with space for **8 cars**, a huge advantage in any urban setting. Plus, a pleasant *side yard*provides valuable outdoor space for residents. Strategically located minutes to Downtown Albany

1496-1498 3rd Street, Rensselaer

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