1216 1st Street

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Address: 1216 1st St, Rensselaer, NY 12144, USA
New York & Tri-State + 2-4 Units
Created date: October 1, 2026
Date last updated: October 6, 2026
Price: $279,900Investment Analyzer NEW!

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $279,900
No. of Units: 3
Year Built: 1850
Lot Size: 2,709.00 Sq ft
Opportunity Zone: No
Price per unit: $93,300
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 3
Address: 1216 1st Street, Rensselaer, NY 12144, USA
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