North Greenbush, NY 12144 · Rensselaer County

This 2,304-square-foot multi-family property built in 1965 offers two residential units currently generating rental income, plus a ground-floor commercial space with separate street access. The basement includes a full bathroom and could serve as an additional rental unit. Located on a high-visibility lot in North Greenbush with proximity to HVCC, the Rensselaer Train Station, shopping, dining, and major highways, the property provides flexible use options for investors or owner-operators. The home is in the Columbia Central school district, has no HOA, and features forced-air heating, hardwood and ceramic tile flooring, and a heated basement with walk-out access.
Unlock the potential of this well-maintained mixed-use investment property located in the sought after East Greenbush School District! Featuring two fully rented residential units plus a versatile commercial space on the lower level with its own separate address, this property offers multiple income streams and excellent flexibility. Continue leasing the occupied units for maximum cash flow, or owner-occupy one of them and use the commercial space to operate your business while generating rental income from the apartments above. Positioned on a high-visibility road with outstanding frontage, your business will benefit from exceptional exposure. Conveniently located just minutes from shopping, restaurants, major highways, HVCC, Regeneron, the Rensselaer Train Station, and more, this is an outstanding opportunity for investors or entrepreneurs seeking a property with strong income potential and a prime location. Basement offers potential rental opportunity, with 1 full bathroom and estimated monthly rent of $1,500. *Please note that any business going in will need a use variance and approval from the Town of North Greenbush Zoning.*
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North Greenbush is in Rensselaer County, NY. There are currently 21 active listings here, ranging from $225,000 to $950,000. Listings in this address fall under the East Greenbush school district. Priced 17% above the North Greenbush median of $490,000.
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Miranda Real Estate Group Inc · Listed by Sarah Weloth (32839)
Contact: 518-258-8801
MLS #202621065 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.