For SaleOpenRealtor property overview
$325,000
$149/sqft1453 1st St
Rensselaer, NY, 12144
More in Rensselaer, NY6bd
3ba
2,175sqft
Listing Notes
Excellent investment opportunity in Rensselaer! This 3-unit property offers strong cash flow with all units occupied on annual leases. Featuring a total of 9 bedrooms and 3 full bathrooms, the property includes a basement apartment rented for $1,000/month and two upper units each generating $1,400/month, for a total gross monthly rental income of $3,800. Tenants pay their own separate utilities, helping keep operating expenses low and maximizing your return.
Price in context
Cheaper than 29% of the 24 homes listed nearby right now, which run $185,000 to $449,999.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1301 Broadway | $185,000 | 3 bd · 2 ba |
| 19 Main St | $189,900 | 3 bd · 2 ba |
| 1015 1st St | $190,000 | 3 bd · 2 ba |
| 31 South St | $199,900 | 6 bd · 2 ba |
| 824 2nd St | $200,000 | 3 bd · 2 ba |
| 78 3rd Ave | $200,000 | 3 bd · 2 ba |
| 704 East St | $214,900 | 5 bd · 2 ba |
| 38 Washington Ave | $215,000 | 3 bd · 1 ba |
| 1031 3rd St | $215,000 | 3 bd · 2 ba |
| 206 N Pearl St Apt 204 | $235,000 | 2 bd · 2 ba |
| 512 East St | $249,000 | 2 bd · 1 ba |
| 575 Lark Dr | $260,000 | — |
| 1053 Broadway | $269,000 | 4 bd · 3 ba |
| 244 3rd Ave Ext | $269,000 | 3 bd · 1 ba |
| 10 Ten Broeck Pl | $279,900 | 4 bd · 2 ba |
| 1751 5th St | $289,000 | 2 bd · 3 ba |
| 1723 5th St | $310,000 | 5 bd · 3 ba |
| 2024 8th St | $329,900 | 3 bd · 2 ba |
| 44 Clinton Ave | $365,000 | 4 bd · 3 ba |
| 17 Chapel St Apt 302 | $369,000 | 2 bd · 2 ba |
| 77 Capitol Pl | $369,900 | 3 bd · 2 ba |
| 17 Chapel St Apt 402 | $449,900 | 2 bd · 2 ba |
| 36 2nd St | $449,900 | 4 bd · 7 ba |
| 31 Capitol Pl | $449,999 | 3 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more