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8 John St - 8 John Street 4 Unit Apartment Building Offered For Sale Rensselaer, NY 12144



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 | Building Size | 2,560 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Year Built | 1850 | |
| Lot Size | 0.13 AC | ||
| Zoning | Commercial Multifamily - Commercial | ||
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| 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 | $1,064 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1400-144.37-9-1 | Improvements Assessment | $54,477 CAD |
| Land Assessment | $2,270 CAD | Total Assessment | $56,747 CAD |
Property Taxes
Parcel Number
1400-144.37-9-1
Land Assessment
$2,270 CAD
Improvements Assessment
$54,477 CAD
Total Assessment
$56,747 CAD
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8 John St - 8 John Street
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