Bought with Yassir Soffan • Venture Fox Realty Group LLC
$270,000
$289,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
8 John Street Rensselaer, NY 12144
2,560 SqFt
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $105
MLS Listing ID 202620946
Sold Date 10/23/26
Year Built 1850
Annual Tax Amount $3,981
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 56x100
Property Sub-Type Multi Family
Source Global MLS
Property Description
Here's your next cash-flowing asset in one of the Capital Region's most strategically positioned cities. This 4-unit multifamily in Rensselaer delivers exactly what savvy investors are hunting - a proven renal market, unbeatable proximity to Albany's CBD, state government, and major employment corridors. Low operating costs, a favorable tax structure, and real value-add upside make this a deal that pencils on day one and gets better with execution. The rental demand here doesn't slow down - commuters, state workers, and young professionals keep these units filled. Additional income potential on site with existing garage structures. Two parcels priced to create immediate equity. This is the kind of entry point that separates serious portfolio builders from the sidelines. Move fast - opportunities like this don't wait.
Location
State NY
County Rensselaer
Zoning Commercial
Direction Take 1-787 North to the Dunn Memorial Bridge (Route 9J). Cross the bridge into Rensselaer, then take the Route 9J/Broadway exit. Head north on Broadway briefly, then turn right onto Third Street, left on Glen Street, and right onto John Street. Number 8 will be on your left. Door to door it's roughly 3 miles from downtown Albany.
Interior
Heating Natural Gas
Exterior
Parking Features Private, Storage
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 381400 144.37-9-1
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