Skip to main content

1 Langley Drive

Rensselaer, NY 12144

Pending

$299,900

Listing by:
Jenn L Baniak-Hollands
KW Platform
518-512-7784

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 to capitalize on location, land, and long-term potential. This is an estate and is sold 'as is'

$299,900
2.0
Bedrooms
2
Bathrooms
2,452
Sq. Ft.
$ 122
$/Sq. Ft.
5.40
Acres
Year Built:
1900
County:
Rensselaer
School District:
East Greenbush
Acres:
5.40
Listing Agent:
Jenn L Baniak-Hollands
Listing Office:
KW Platform
CONTACT A
BUYER'S AGENT

Connect with a local buyer's agent who advertises with Albany.com


Features

Square Feet: 2,452
Town: Rensselaer
Bedrooms: 2
Full Bathrooms: 2
Estimated Taxes: $7,923
Water: Public
Sewer: Septic Tank
Heat: Electric, Zoned
Garage: 0
Property Style: Traditional
Exterior: Aluminum Siding
Exterior Features: None
Cooling: None
Parking Spaces: 4

Location



Did we miss one? Did one of these places close? Send us a note!