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.

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"Based on information submitted to Global MLS as of October 2, 2026 9:14 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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1216 1st StreetRensselaer, NY 12144Price: $279,900

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Building Relationships Based on Trust, Honesty and Dedication

1216 1st StreetRensselaer, NY 12144Price: $279,900

$/month over payments

Listing Tools

$/month over payments

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Property Details of 1216 1st Street

Property Details

Basic Information

Property

Location

Finance

Interior Features

Beds/Baths

Bathrooms

Laundry

Other

Utilities and Appliances

Utilities and Appliances

Map Location

Driving Directions

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Hi there! How can we help you?

Signature ONE Realty Group

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