$259,900
Rensselaer, NY 12144
MLS# 202627365
6 beds
|

1 / 33
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.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Triplex
Original List Price: 279900
List Price: $259,900
Current Price: $259,900
Listing Contract Date: 2026-10-01
List Price/SqFt: 95.94
Location
Street Number: 1216
Street Name: 1st
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12144
City/Town (Mail): Rensselaer
Cross Street: Pine St & 1st St
Geo Lat: 42.650393
Geo Lon: -73.736135
Property Detail
Rooms Total: 15
Bedrooms Total: 6
Bathrooms Full: 3
Year Built: 1850
Above Grade Finished Area: 2709
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 2709
Lot Size Acres: 0.06
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Financial Details
General Taxes: 2202
General Taxes Description: Estimated
School Taxes: 1909
School Taxes Description: Estimated
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: 3rd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 2300
Rental Income Description: Estimated
Total Income: 27600
Separate Utilities
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 500
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Rent: 500
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Kitchens 1st Floor: 1
Living Rooms 1st Floor: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Fl
Unit Available MF Unit 2: closing
Occupant Type MF Unit 2: Owner
Monthly Rent MF Unit 2: 900
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: None
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Rent: 900
Rent Description Unit 2: Estimated
Lease Term Unit 2: Other
Occupant Type Unit 2: Owner
Kitchen Unit 2: Eat In
Total Bedrooms: 2
Bedrooms on 2nd Floor: 2
Total Full Baths: 1
Full Baths 2nd Floor: 1
Kitchens 2nd Floor: 1
Living Rooms 2nd Floor: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd fl
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 900
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Detail
Rent: 900
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Bedrooms: 3
Bedrooms on 3rd Floor: 3
Total Full Baths: 1
Full Baths 3rd Floor: 1
Kitchens 3rd Floor: 1
Living Rooms 3rd Floor: 1
Other Rooms 3rd Floor: 1
Status Change Info
Status Change Date: 2026-10-01
Property Features
Architectural Style: Other
Basement: None
Construction Materials: Other
Cooling: None
Exterior Features: None
Heating: Baseboard; Electric; Hot Water; Natural Gas
Interior Features: Built-in Features
Laundry Features: Upper Level
Levels: Three Or More
Lot Features: Cleared
Other Equipment: None
Other Structures: None
Owner Pays: Grounds Care; Sewer; Snow Removal; Trash Collection; Water
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Available
Water Source: Public
Unit 1 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Dining Room Type: Dining Area
Unit 2 Appliances: Range; Refrigerator
Unit 3 Owner Furnish Features: Maintenance Grounds; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Storage; Stove; Washer Hookup
Unit 3 Dining Room Type: Dining Area
Unit 3 Appliances: Range; Refrigerator
Listing Courtesy of KW Platform
Listing Agent: Jenn L Baniak-Hollands
518-512-7784 | jenn@hollandshomesteam.com
518-512-7784 | jenn@hollandshomesteam.com


Tax Data