45 2nd Avenue

Rensselaer NY 12144

2004 sq. ft.

5662.8 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

2 bathrooms

4 carspaces

2 garage spaces

2004 sq. ft. floor area

5662.8 sq. ft. lot size

Duplex

Property history for 45 2nd Avenue

2025

Sold

$170,000

16 Sep 2025 by Deborah Bucher Wager, of Howard Hanna

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