31 Riverside Ave, Rensselaer, NY

House

For Sale

Listed price in listed location currency (USD).

$350,000

565

MLS® 202614597

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2640 sqft

Garage

Taxes $12,153

Days Active 6

Lot Size

Approx. Age 1976

Avg. Price Per Sqft $132

MLS® Number 202614597

Property Address: 31 Riverside Ave, Rensselaer, NY, 12144-2951

Average square foot calculated using Size range provided by listing agent.

Description

Multiple Bids. Best and Final 4/19 @ 6pm. This rare Hudson Riverfront 3 family home, owned by the same family since construction, is being offered for sale for the first time! The property features distinctive handcrafted elements throughout, including striking leaded & hammered stained glass, custom woodwork, copper-clad & bronze metals, rare period lighting & artisan detailing that reflect a level of craftsmanship rarely seen in modern construction. According to the seller, some of these features have been salvaged from historic structures. Recent research may point to the early 1900's high quality, Tudor/Arts and Crafts revival style buildings, likely from the Albany area. Additional ammenties like off-street parking, washer & dryers & included central AC and heat, keep the property fully occupied & enjoyed by well paying, long-term tenants. Generating $48, 000 gross yearly rents but has even more upside profit potential, makes this desirable for any investor. All units have incredible views of the river & downtown Albany. Close to all major highways & is a quick 5 minute drive to Regeneron Pharmaceuticals, creating even higher rental demand than the area already has. Unit 1 is on the raised 2nd level & has two LARGE bedrooms & 2.5 bathrooms, each bdrm w/their own private bathroom AND a nee extra half bathroom for guests! The primary bedroom & living area each have sliding glass doors leading to a huge 4 season bonus room w/a custom wood bar & sliding glass doors that lead to a private L-shaped raised deck. W/D & dishwasher ($1600 exp 8/30/26, leaving owner occupancy possibilities if desired). See notes. Unit 2 is an adorable two bedroom & TWO new private bathrooms, off each bdrm, plus a walkout 3 season room leading to the yard. New GE all-in-one w/d. ($1420 exp 2/27). Unit 3 has 1 large bedroom & 1 bathroom w/their own walkout 4 season room & a patio under the deck. ($1050 exp 11/26)

MLS® Number202614597

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1976

BasementOther

DrivewayPaved, Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 8, 2026List Date

$350,000List Price

Commute

Commute

Starting Address

Destination Address

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