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    Triplex

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    Three-Unit Residential Income Property
    Updated: Jul 9
    Three-Unit Residential Income Property

    1453 1st Street, Rensselaer, NY 12144

    $325,000
    2,175 sqft 0.09 AC lot
    3‑unit property in Rensselaer with all units on annual leases
    9 bedrooms and 3 full bathrooms total
    Basement apartment rented for $1,000/month
    Two upper units each rented for $1,400/month (total $3,800 gross monthly rent)
    Tenants pay separate utilities to help keep operating expenses low
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    This listing looks promising.

    Here's a quick look at some key insights for

    1453 1st Street, Rensselaer, NY 12144

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $407K
      Above asking

    • Property Type

      Triplex
      Built 1900
    View Property Analytics
    Three-Unit Residential Income Property
    Updated: Jun 30
    Three-Unit Residential Income Property

    1453 1ST Street, Rensselaer, NY 12144

    $325,000
    2,175 sqft
    3‑unit residential property with all units occupied on annual leases
    9 bedrooms and 3 full bathrooms across the basement and upper units
    Basement apartment rented for $1,000/month
    Two upper units each rented for $1,400/month (total gross rent $3,800/month)
    Tenants pay their own separate utilities
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Defreestville, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    Cash-Flowing Albany Investment Opportunity
    Cash-Flowing Albany Investment Opportunity

    72 Grand Street, Albany, NY 12202

    $299,999
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    Albany Brick Multi-Family Property
    Albany Brick Multi-Family Property

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    166 2nd St, Albany, NY 12210

    Contact for pricing

    Three-family building with one basement apartment intentionally vacant and remodeled, plus two occupied upper-floor units.

    View details

    Defreestville, NY Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Defreestville, NY on our real estate platform. These investment opportunities span a total of 4,350 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for three-family homes in Defreestville, NY average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Quadplexes 3
    Triplexes 2

    Demographics Overview

    Population 31K
    Population Growth (5Y) +5.8%
    Median Household Income $97,300
    College Educated 68.4%

    Listings Trend

    New vs delisted commercial listings in Rensselaer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rensselaer County

    Residential Income

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