Multi Family homes for sale & real estate in 12241, NY

Multi Family Home for sale in 12241, NY:

This is the ideal Air B & B situation with it just steps from the Rensselaer Train Station. This fantastic completely renovated brick two-family home offers convenience, comfort, and investment potential. Looking for that vacant 2 family investment that is all new inside? This is IT and YOU can choose your own tenants! The first-floor unit features a spacious one-bedroom layout with washer & dryer hookups, while the second floor boasts one bedrooms + office/ laundry room. w/ stackable washer & dryer Perfect for multi-generational living or rental income. Completely remodeled: new flooring, lighting, interior freshly painted, all new windows and doors & much more

Multi Family Home for sale in 12241, NY:

Perfect for owner-occupants and investors alike, this beautifully renovated duplex offers strong income potential of up to $2,867 per month. Situated on a quiet street in Albany's South End, the property features updated interiors and a brand-new roof, providing peace of mind and excellent value. A great opportunity to live in one unit while generating rental income, or add a turnkey property to your investment portfolio. The upstairs unit is currently rented for $1,417/month, while the downstairs unit has been intentionally left vacant, offering the perfect opportunity for an owner-occupant to move right in or an investor to secure a new tenant at market rate.

Multi Family Home for sale in 12241, NY:

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

Multi Family Home for sale in 12241, NY:

Great investment or owner-occupied opportunity in Rensselaer! This spacious 2-family offers a 2BR/1BA first-floor unit (1,255 sq. ft. ) and 3BR/1BA second-floor unit (1,219 sq. ft. ), generating $26,400 in current annual gross rental income. First-floor bath updated in 2023 with in-unit washer/dryer. Separate gas heat and electric, plus off-street parking for both units. Conveniently located near the bus line, Rensselaer Amtrak station, Regeneron and downtown Albany. Solid income in place with significant value-add and future income potential.