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$219,900
2 Beds 2 Baths 202624818 MLS
This is the ideal Air B & B situation with it just steps from the Rensselaer Train Station. This fantastic completely renovated brick two-family home offers convenience, comfort, and investment potential. Looking for that vacant 2 family investment that is all new inside? This is IT and YOU can choose your own tenants! The first-floor unit features a spacious one-bedroom layout with washer & dryer hookups, while the second floor boasts one bedrooms + office/ laundry room. w/ stackable washer & dryer Perfect for multi-generational living or rental income. Completely remodeled: new flooring, lighting, interior freshly painted, all new windows and doors & much more. Recent Updates Include: Modern kitchens and baths, stylish flooring throughout. Walk-out lower level with potential to add a studio apartment, off-street parking for two vehicles Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package. Estimated $1,250-$1,350 per flat for rents. Separate utilities.

8 Harrison Avenue

$1,210,000
7 Beds 7 Baths 202616950 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

$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

$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

$175,000
3 Beds 2 Baths 202527877 MLS
Entered for comp only. Just steps from the Rensselaer Train Station, this fantastic brick two-family home offers convenience, comfort, and investment potential. The first-floor unit features a spacious one-bedroom layout, while the second floor boasts two bedrooms—perfect for multi-generational living or rental income. ✨ Recent Updates Include: Modern kitchens and baths Stylish flooring throughout Refreshed interiors within the last 5 years 🌟 Bonus Features: Walk-out lower level with potential to add a studio apartment Off-street parking for two vehicles Whether you're looking to live in one unit and rent the other, or expand with a third unit, this property offers flexibility and location in one smart package.

8 Harrison Avenue

$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

$300,000
4 Beds 2 Baths 202518048 MLS
Extremely rare 2 Fam home with a lg level backyard space, 2 car garage & plenty of off street parking.This 1860 home Immediately greets you with detailed scroll work architectural design, a double door entryway & an intricate stained glass window. Inside you will find large rooms & original custom woodwork throughout. 1st floor unit has Eat in Kitchen with custom kitchen cabinetry. High ceilings, wood floors, custom wooden window shutters. It can easily be converted from 3 bedroom back to 2 bedrooms. Large sun-filled enclosed porch as well. 2nd floor offers wide staircase, soaring ceiling, plenty of natural light, hardwood floors, huge pantry & open floor plan. Bedrooms can easily fit king sized bed & furniture. Each floor has newer Ductless a/c. Back on Market pending releases

1466 3rd Street

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