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Size: 5.4 Acres
Home: 2 beds - 2 full baths - 2,452 Sq Ft

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MULTI_FAMILY - Other - Rensselaer, NY

Bring your vision for this one of a kind opportunity in the East Greenbush School District, less than 2 miles from Regeneron - one of the area's major employers. Built in 1900, this home is currently configured as a duplex with 1 bedroom & 1 bathroom in each unit. Savvy investors will reconfigure - either adding a 2nd bedroom to each unit, or restoring the structure to a spacious single-family home. As a refreshed duplex total rent per year could be between $36,000 to $43,000 and tenants pay their own heat, hot water and electricity. Comprised of 2 land parcels totaling 5.4 acres of buildable land, the true potential lies beyond the existing structure. Zoning may allow for 10 to 15 residential homes, subject to municipal approvals, offering a unique development opportunity. Whether your plan is to renovate, redevelop, or hold for future development, this property presents a rare chance t...

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KW Platform

License #10301218622

Delmar, NY

(518) 512-7784
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Is this your property? Sell it faster with premium placement and targeted ads.