$289,000
Rensselaer, NY 12144
MLS# 202620946
2560 sqft
1 / 19
Property Description
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.
Details
Maps
Contract Information
Original List Price: 289000
List Price/SqFt: 112.89
List Price/Acres: 2223076.92
Status: Active
Property Sub Type: Multi Family
List Price: $289,000
Listing Contract Date: 2026-07-02
Current Price: $289,000
Location
City/Town (Mail): Rensselaer
Street Number: 8
Street Name: John
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12144
Geo Lat: 42.648058
Geo Lon: -73.73805
Property Detail
Stories: 2
Number Of Buildings: 1
Lot Size Square Feet: 5663
Zoning: Commercial
Lot Size Dimensions: 56x100
Lot Size Acres: 0.13
Building Area Total: 2560
Year Built: 1850
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 381400 144.37-9-1
Tax Annual Amount: 3981.25
Tax Section: 144.37
Total Taxes Description: Estimated
Tax Block: 9
Tax Lot: 1.000
Directions & Remarks
Directions: Take 1-787 North to the Dunn Memorial Bridge (Route 9J). Cross the bridge into Rensselaer, then take the Route 9J/Broadway exit. Head north on Broadway briefly, then turn right onto Third Street, left on Glen Street, and right onto John Street. Number 8 will be on your left. Door to door it's roughly 3 miles from downtown Albany.
Public Remarks: 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.
Sewer
Public Sewer: 1
Current Use
Multi-Family: 1
Architectural Style
Apartments: 1
Cooling
None: 1
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Parking Features
Parking Total: 4
Private: 1
Storage: 1
Possible Use
Multi-Family: 1
Status Change Info
Status Change Date: 2026-07-02
Property Features
Architectural Style: Apartments
Construction Materials: Vinyl Siding
Cooling: None
Current Use: Multi-Family
Heating: Natural Gas
Parking Features: Private; Storage
Possession: At Closing
Possible Use: Multi-Family
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Water Source: Public
Listing Courtesy of Hanna Commercial
Listing Agent: Philip Sabatino
518-376-2717 | PhilipSabatino@hannaCre.com
518-376-2717 | PhilipSabatino@hannaCre.com
