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1216 1st Street, 
Rensselaer, NY 12144

$279,900


6

Beds


3

Baths


2,709

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jenn L Baniak-Hollands

Kw Platform

1 518-935-4600

Last updated:

October 4, 2026, 02:42 PM

MLS#

202627365

Source:

Global MLS

About This Home

1216 1st Street

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1850

Price Summary

279,900

$103 per Sq. Ft.

MLS #:

202627365

Last Updated:

October 4, 2026, 02:42 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,709 Sq. Ft.


Structure

Structure

Building Area:

2,709 Sq. Ft.

Year Built:

1850


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$279,900

Price per Sq. Ft:

$103 per Sq. Ft.

Source:Global MLS
The information being provided by Global MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.  © 2026 Global MLS All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.