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Investment Highlights

  • Rents are under market
  • easy highway access
  • Beautiful views of the city

Executive Summary

Next cash-flowing asset in one of the Capital Region's most strategically positioned cities. 4-unit multifamily in Rensselaer delivers exactly what savvy investors are hunting-a proven rental market, unbeatable proximity to Albany's CBD, state government, and major employment corridors. Low operating costs, a favorable tax structure, & real value-add upside make this a deal that pencils on day 1 & gets better with execution. 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 price to create immediate equity. This is the kind of entry point that separates serious portfolio builders from the sidelines. Move fast - opportunity like this don't wait!

Property Facts

Sale Type Investment
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.13 AC
Building Size 2,560 SF
No. Stories 2
Year Built 1850
Zoning Commercial Multifamily - Commercial

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $750.00 -
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1400-144.37-9-1
Land Assessment
$1,600
Improvements Assessment
$38,400
Total Assessment
$40,000
  • Listing ID: 41144901

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 8 John St, Rensselaer, NY 12144

Contact the Sale Advisor

8 John St - 8 John Street

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