45 2nd Avenue, Rensselaer, NY 12144
Local realty services provided by:CENTURY 21 North East
45 2nd Avenue,Rensselaer, NY 12144
$289,000
- 6 Beds
- 2 Baths
- 2,004 sq. ft.
- Multi-family
- Pending
Listed by: dina coluccio
Office: monticello
MLS#:202611907
Source:Global MLS
Price summary
- Price:$289,000
- Price per sq. ft.:$144.21
About this home
Fantastic income-producing ($3200/mth) two-family home located on a quiet dead-end street in Rensselaer. Just a short 5-10 minute drive to major highways, Downtown Albany, and Regeneron Pharmaceuticals, this property offers both convenience and profit.
Each unit is currently rented at $1,600 per month, and taxes are super low, generating excellent cash flow and a strong Net Operating Income and Return on Investment.
The home has been thoughtfully updated, including fresh paint throughout, removed carpets and refinished hardwood floors, and newly built rear second-floor wood staircase, to name a few.
Both units feature large eat-in kitchens, allowing the additional dining room space to be used as spacious primary bedrooms—a layout the current tenants are utilizing—making each unit effectively three bedrooms.
Additional highlights include a generously sized fenced-in yard, walk in closet, separate tenant-paid utilities, and a detached garage with potential for additional rental income.
Looking for owner occupancy? With month-to-month leases, this property offers flexibility, and the street is home to several owner-occupied residences.
A fantastic opportunity for investors or owner-occupants alike. Don't wait to schedule a showing, this will probably go quickly.
Some photos are virtually staged.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:202611907
- Added:14 day(s) ago
- Updated:February 27, 2026 at 08:27 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet
- Basement Description:Full
- Living area:2,004 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:2,004 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level, Private
- Architectural Style:Traditional
- Construction Materials:Aluminum Siding
- Exterior Features:Porch, Rear Porch, Side Porch
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,000
- Price per sq. ft.:$144.21
- Tax amount:$3,714
Features and amenities
- Laundry features:In Basement
- Amenities:Built-in Features
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